Public Service Company of Oklahoma (PSO) says it will distribute 122,000 free LED bulbs to Oklahoma families this year. In the past 10 years, PSO’s Shine a Light program has distributed almost 1 million energyefficient bulbs, which last longer and use less energy. For PSO customers, that has meant more than $3 million in …
While EV maker Canoo has relied on millions of dollars in incentives offered by the state of Oklahoma and the city of Oklahoma City, another strugging EV maker, Rivian is doing its best to take advantage of the Biden administration’s green energy slush fund. It was reported that Biden’s clean energy czar, John Podesta …
After being told the state of Oklahoma would offer $100 million in incentives in August, EV maker Canoo has seen its stock plummet in price. Trading closed at 26 cents a share on Friday as the car maker moved ahead with transforming a former plant in west Oklahoma City into a manufacturing plant. It …
An Oklahoma contractor was charged today with nine counts of felony embezzlement and a pattern of criminal offenses after an investigation by the Attorney General’s Consumer Protection Unit. The Office of the Attorney General charged Benjamin Moore, 36, in Pottawatomie County District Court after the investigation revealed he allegedly took nearly $85,000 from nine customers …
Crude oil prices wrapped up the week with gains of nearly 3% on Friday as worries grew that the fighting in Israel and Gaza might lead to a wider conflict in the Middle East. At the same time, Oklahoma energy stocks experiences losses of 2% to 3%. West Texas Intermediate crude went up $2.33 or …
All five Oklahoma Representatives in the House recently voted in support of a measure that not only reins in the Biden administration’s Green New Deal policies but funds improvements in the nation’s waterways. Rep. Tom Cole, Vice Chairman of the House Appropriations Committee eagerly gave his support to H.R. 4394, the Energy and Water …
** The Biden administration issued a federal plan Thursday to remove all remaining oil and gas infrastructure located off the California coast once they stop producing. ** Sen. Joe Manchin, D-W.Va., blasted the Biden administration Thursday for its actions delaying a major offshore oil and gas lease sale, and called for it to move forward with the sale within two …
After half a century of making tires in Oklahoma, the Ardmore tire plant is closing. Michelin announced it plans to close its tire plant in Ardmore, putting nearly 1,400 employees on the unemployment line. It is the city’s largest employer and the shutdown could mean a rocky and rough economic road for southern Oklahoma. …
Thursday brought another day of losses for crude oil prices while Oklahoma energy stocks eaked out some minor gains. Crude was down to its lowest prices in two weeks as Israel agreed to delay a possible ground invasion of Gaza until later in the week. Both WTI and Brent crude fell more than 2% …
A missile plant is about to go up just across the Oklahoma state line with Arkansas. Raytheon, an RTX business, in partnership with Rafael Advanced Defense Systems announced plans to build a manufacturing plant in East Camden, Arkansas. It plans to produce the Tamir missile for the Iron Dome Weapon System and its U.S. …