Oklahoma City made drone has Air Force wanting more

  The decision by the U.S. Air Force for $6 billion to create a fleet of 2,000 AI powered drones could mean Oklahoma City’s Kratos manufacturing  plant busy for a long time. Kratos manufactures the Valkyrie drone and recent successful tests prompted the Air Force to ask for a $6 billion cash injection for an …

Continue reading »

Wildfire still burning near Walters in southwest Oklahoma

  Oklahoma firefighters say western Oklahoma has the highest percentage of chances of more wildfires, even as one in Cotton County burned 1,000 acres and at last word was only 20% under control. The latest fire update from the Oklahoma Forestry Services showed the Walters Fire in Cotton County had burned 1,052 acres. A Facebook …

Continue reading »

CEOs of Magellan Midstream and ONEOK promote their proposed $19 billion merger

  The two leaders of Magellan Midstream Partners, L.P. andONEOK, Inc. released a joint video message over the weekend, promoting the proposed merger of their two giant companies based in Tulsa. Shareholders of each will vote on Thursday, September 21 whether to ratify the proposed nearly $19 billion merger. The video message featured Aaron Milford, …

Continue reading »

Date announced for Unit Corporation’s cash dividend payment

  Unit Corporation in Tulsa announced the date it will pay a previously announced quarterly cash dividend of $2.50 per share of common stock. The payment fo the third quarter 2023 dividend will be made on September 26, 2023 to shareholders of record as of the close of business on September 15, 2023.

Fast energy reads

** As the threat of a strike looms amid negotiations between the United Auto Workers union and major US automakers, the White House faces increasing pressure to deliver on its promise of better wages and benefits for workers at electric vehicle facilities. ** Los Angeles International Airport has banned the sale of single-use plastic bottles in …

Continue reading »

Brace for higher gasoline prices after Saudi Arabia and Russia oil agreement

  The timing might have been fortunate. With Labor Day under our belts, now it appears an agreement by Saudi Arabia and Russia might result in higher gasoline prices. The two countries agreed Tuesday to extend their voluntary oil production cuts through the rest of the year. The agreement will result in a trimming of …

Continue reading »

Some scientists say there is no climate emergency

  Not everyone thinks the climate change reported throughout the world is a “climate emergency.” More than 1,600 scientists, that’s right, 1,600—-recently signed a declaration stating “there is no climate emergency.” They also declared that they “strongly oppose the harmful and unrealistic net-zero CO2 policy” advocated throughout the world. The declaration, put together by the Global …

Continue reading »

Texas takes on Biden administration’s push to protect lizard in the Permian Basin

  The latest move on the government’s effort to classify a tiny lizard as an endangered species in West Texas and Southeast New Mexico—-the Permian Basin—involves pushback by the state of Texas. Texas General Land Office Commissioner Dawn Buckingham was blunt in her warning to the U.S. Fish and Wildlife Service, writing that the classification …

Continue reading »

Sen. Mullin’s OKC visit includes energy and aviation

  Oklahoma U.S. Sen. Markwayne Mullin got in his share of talking about energy and aviation during his recent break from work on Capitol Hill. He paid visits to Oklahoma City, according to a newsletter update he made to constituents.   “The automotive industry is a centerpiece in the lives of millions of Americans. As …

Continue reading »

Bill Richardson will be remembered as a Democrat and for a spy scandal

  The late New Mexico Gov. Bill Richardson will be remembered as a staunch Democrat. He died Saturday at the age of 75 but Richardson’s name is also linked to energy and a spying scandal. He was Secreteary of Energy in 1998 after being confirmed by the U.S. Senate during the Bill Clinton administration. His …

Continue reading »