The workforce will be tripled as a result of high demand for the unmanned jet-powered unmanned drones manufactured at the Kratos Defense & Security Solutions plant in Oklahoma City. The company recently held a celebration of its 100th MQM-178 Firejet high-performance jet powered target drone aircraft produced at the Kratos Unmanned aircraft manufacturing facility …
Not your everyday gas thieves
The three men sitting in a Texas jail aren’t there for just a simple siphoning of gas from a car. No, they’re held on charges of running an organized fuel ring in which they allegedly stole 18,000 gallons of gas from one station. As Fox News reported, it happened at Rickey Rockets gas station …
Treasurer discusses health of Oklahoma economy
A sound but moderating Oklahoma economy. It’s how State Treasurer Todd Russ describes the state’s financial situation. In a special edition of the Oklahoma Economic Report, Russ reflects on the gross receipts taken in by his office and what it says about the state of Oklahoma’s economic conditions. Click here for the Economic Report …
Devon Energy awards grants to nonprofits in central Oklahoma
Devon Energy announced it awarded $75,000 in special grants to 11 local nonprofits. It is the third year of the Inclusion and Equity Grants program in central Oklahoma and is part of the energy company’s commitment to support diverse communities. “Devon recognizes our differences make us stronger,” said Christina Rehkop, Devon director of community …
Energy fast reads
** More than a dozen environmental groups are suing the federal Environmental Protection Agency over its failure to set water pollution limits for some industrial contaminants as well as its reluctance to update decades-old standards for others, arguing that the agency’s inaction amounts to a “free pass to pollute” for hundreds of chemical and fertilizer …
Oklahoma Governor hopes to secure Enel solar plant and 1,500 jobs
Oklahoma is reported to be the leading candidate for a solar-panel manufacturing facility that Enel North America wants to build. It already has the support of Gov. Kevin Stitt who is urging the legislature to support an undisclosed incentive package to land the site that could result in 1,500 new jobs in northeast Oklahoma …
Loves Travel Stops expands to include stores along Oklahoma and Kansas Turnpikes
Love’s Travel Stops, the company based in Oklahoma City, will soon be available on turnpikes across Oklahoma and in Kansas. The company is taking over the EZ GO chain and the deal involves six locations along Oklahoma turnpikes and five on the toll roads in Kansas. The takeover from the Carey Johnson Oil Company …
Panasonic to build $5 billion plant in Pryor—-maybe
Panasonic says it is coming to Oklahoma but first—it wants $245 million in infrastructure upgrades at the industrial park in Pryor where a $5 billion, 5 million-square foot plant will be constructed. Gov. Kevin Stitt announced Friday in return, Panasonic will receive about $700 million in capital investment rebates as part of the LEAD …
Crude managed gains on Friday while OK energy stocks made moderate increases
Friday saw another gain for crude oil prices—their fourth straight week of increases after the International Energy Agency warned the cuts by OPEC and other productions might worsen an oil supply deficit. West Texas Intermediate crude gained 36 cents or 0.4% and closed at $82.52 a barrel on the New York Mercantile Exchange. Brent crude, …
Red River boundary issue lingers at the state capitol
A special commission created to resolve a dispute over a North Texas Municipal Water District pump located on the Oklahoma side of Lake Texoma recently held a meeting at the State Capitol. The Red River Boundary Commission, led by House Speaker Charles McCall, formally asked the University of Oklahoma to form a team of …