Republican candidates for Oklahoma’s major races made a clean sweep in Tuesday’s elections, winning all five US House seats, the two U.S. Senate offices and all of the state leadership offices including the re-election of Gov. Kevin Stitt. Congressman Markwayne Mullin was elected to succeed U.S. Sen. Jim Inhofe who will retire in January …
Former Sen. Kim David wins Corporation Commission race
Former State Sen. Kim David will be Oklahoma’s newest Corporation Commissioner after making a sweep of her race with 64% support. The Republican candidate from Porter won Tuesday’s general election race, beating Democrat Margaret Warigia Bowman of Tulsa and Independent Don Underwood. With 95% of the votes reported Tuesday night, David had received 690,857 …
Well reports return to OK Energy Today
Good news! As of Monday evening, the Permits to Drill and Completion reports on OK Energy Today resumed. Our challenges were met and finally resolved. We apologize for the inconvenience during the absence of the reports.
China’s COVID cases cause drop in crude oil prices
As COVID-19 outbreaks only grew worse in China, the anxiety among investors caused a more than $2 drop in crude oil prices on election day. The drop also took some Oklahoma energy prices down as well. West Texas Intermediate crude for December delivery dropped $2.88 or nearly 3% to finish at $88.91 a barrel …
Advocate still contends Kansas 2021 winter storm costs are suspicious
Consumers and their advocacy groups in Oklahoma, Texas and Kansas still contend there was price gouging carried out during the February 2021 Winter Storm Uri, the storm that led to billions in high costs. One such advocate isn’t giving up in Kansas where the Corporation Commission issued orders that left retail residential ratepayers bearing …
County-backed solar farm to power Chevron operations near Carlsbad
A southeast New Mexico county approved construction this week of a solar farm project that will supply electrical power to Chevron USA and its Permian Basin operations south of Carlsbad. The Eddy County Board of County Commissioners voted to issue $40 million in industrial revenue bonds to finance the solar farm reported the Carlsbad …
Nine Energy joins companies with major increases in profits
Active in Oklahoma’s oil patch, Houston-based Nine Energy Service, Inc. had third quarter revenues of more than $167 million and saw a 77% increase in gross profit compared to the second quarter. The company said net income was $14.3 million and adjusted EBITDA was $32.6 million. Adjusted net income for the quarter was $12.2 million …
LSB investor offers shares for sale
LSB Industries, Inc. of Oklahoma City announced that an affiliate of Eldridge Industries LLC intends to offer for sale an aggregate of 14,350,000 shares of LSB’s common stock pursuant to the Company’s automatic shelf registration statement. Eldridge Industries, based in Connecticut makes investments in different industries including technology, real estate, insurance and asset management. …
New state Career and Technology Education Director named
The Oklahoma State Board of Career and Technology Education has selected Brent Haken as the ninth state director of the Oklahoma Department of Career and Technology Education. Haken will begin his official duties as state director in January. He comes to Oklahoma CareerTech from Morrison Public Schools, where he has served as superintendent since …
Toro plans to expand Ditch Witch operations in Perry
Officials from The Toro Company recently announced the company will be expanding its Perry, Okla., manufacturing facility, home to Ditch Witch and other leading construction brands. The move is expected to bring up to 100 new jobs to the rural community and expand its current building by an additional 200,000 square feet. The Toro …