For those who believe the oil and gas industry is doomed, geopolitical observer and author Peter Zeihan says not so fast. In a podcast this week, the world traveler took a look at the processing needs of the U.S. and how the role of the oil and gas industry is important. “The US is already …
The hundreds of Norman homeowners protesting the Oklahoma Turnpike Authority’s proposed new turnpike that would mean the destruction of their homes suffered another setback this week. A major one. Maybe even demoralizing. The Oklahoma Council of Bond Oversight voted to approve the Turnpike Authority’s $500,000,000 bond application for the controversial ACCESS Oklahoma project. The vote …
Technicians at the Southwest Power Pool, the electricity power grid of which Oklahoma is a member, admit they faced a renewable energy mystery a few months ago. And it remains an unsolved puzzle. It was in June when the Power Pool’s energy production from wind nearly stalled totally. The entire wind production from the …
ONE Gas, Inc. announced that it plans to make a public offering of 1,200,000 shares of its common stock worth nearly $89 million. As part of the offering, ONE Gas has granted to the underwriter an option to purchase up to 180,000 additional shares of ONE Gas’ common stock. ONE Gas intends to enter …
Oklahoma is getting another $168 million in federal funding for the expansion of rural broadband service, bringing its total to $948 million in federal funds since t he creation of the Oklahoma Broadband Office. Executive Director Mike Sanders announced this week the state had been allocated $167.7 million in additional federal grant funds for high-speed …
Chinese solar giant, Trina Solar Co. plans to build a $200 million manufacturing plant in Texas and the announcement comes just weeks after the U.S.. accused the panel supplier of bypassing tariffs. Production is set to begin in 2024 as the plant will produce about 5 gigawatts of panels a year. Trina is …
** Stellantis NV, the owner of Jeep and Chrysler, reached a partial agreement with the United Auto Workers union on Monday as a strike deadline looms that could cost the auto industry more than $1 billion. ** The South Dakota Public Utilities Commission rejected a permit application Monday for a proposed carbon dioxide pipeline through the …
Oklahoma U.S. Sen.. Markwayne Mullin made it clear in a recent Senate hearing that states and municipalities should have the flexibility to direct their government funds without being burdened by what he sees as restrictive regulatory conditions. He said too often, there are too many strings attached to the federal funding of water projects. …
Crude oil prices were largely unchanged at the end of Monday’s trading while Oklahoma energy stocks recorded losses. The global benchmark held above the $90 a barrel it reached last week for the first time in 10 months. Brent crude finished down 1 cent at $90.64 in trading on ICE Futures Europe. U.S. benchmark, West …
How about the soothing cooler weather that enveloped the entire state of Oklahoma Monday? Oklahoma Climatologist Gary McManus, in his Monday Mesonet report suggested the day could have turned out to be the first one in 57 days where the temperature, somewhere in the state, did not reach 90 degrees. He suggested there is a …