Friday , May 17 2024

Tag Archives: #OklahomaEnergy

Crude oil prices and Oklahoma energy stocks gained on Thursday

Crude oil bounced up 3% in Thursday’s trading and Oklahoma energy stocks did the same with some firms recording gains stronger than 4% for the day. It was the highest close for crude oil prices since December, thanks to faster-than-expected growth in the last quarter plus increased tensions in the …

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Lawsuit challenging constitutionality of Oklahoma energy discrimination Act still in the system

    The lawsuit challenging the constitutionality of the Oklahoma Energy Discrimination Elimination Act, a suit filed with the support of the Oklahoma Public Employees Association, is apparently a long road away from going to trial—-if it ever does. OK Energy Today reported earlier in the month how State Treasurer …

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Williams to release 4Q earnings…will its strong 3Q carry over?

  Williams Cos. plans to host what it calls a Clean Energy Expo in Washington, D.C. next month and release its fourth-quarter earnings report a day later. The Tulsa firm stated this week that the Clean Energy Expo in the nation’s capitol will be held Tuesday, Feb. 13 and will …

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Canoo to sell EVs to US Postal Service

  Another coup for EV manufacturer Canoo. The Oklahoma City EV maker announced the U.S. Postal Service will purchase six of the battery-electric Canoo vehicles and will take delivery of the right-hand drive versions of the LDV 190 sometime in the first quarter of this year. “Our mission is to …

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Congressman on the mend after run-in with bull

  It appears Congressman Frank Lucas has recovered with a run-in about six months ago with a bull that left him with a broken pelvis. The Republican Representative is known for his farming and ranching operation in western Oklahoma and is believed to be the only active such farmer in …

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Republicans urge Biden to dump new fuel standards that heavily favor EVs

  Oklahoma U.S. Sens. James Lankford and Markwayne Mullin were among 43 Senate Republicans and 77 House members who urged the Biden administration this week to dump its proposed fuel economy regulations, something referred to as a de facto electric vehicle mandate. In a letter to the Department of Transportation’s National …

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ONE Gas dividend increased in 1Q

  The board of directors of ONE Gas, Inc. increased the dividend for the first quarter 2024 by 1 cent per share to 66 cents per share, resulting in an annualized dividend of $2.64 per share. The dividend is payable March 8, 2024, to shareholders of record at the close …

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Attorney General praises Governor Stitt over latest tribal compact agreements

Attorney General Gentner Drummond, who in the past has differed with Gov. Kevin Stitt on Indian tribal issues and the state, came out this week with praise for the governor over his signing three new state-tribal compact agreements. The Governor signed tobacco tax compacts with the Chickasaw and Apache nations …

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Crude prices up after surprise drawdown in oil stocks in US

A surprise drawdown in U.S. crude oil storage, including at the Cushing Hub in Oklahoma, sparked a 1% gain in crude oil prices. There was also a slump in the nation’s crude output and combined with a weaker dollar, prices made the increase. US benchmark, West Texas Intermediate rose 72 …

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Governor wants to expand artificial intelligence in Oklahoma

  Oklahoma Gov. Kevin Stitt says “Oklahoma truly could be the AI capital of the nation.” He’s released the recommendations of his AI Task Force and wants artificial intellilgence to become a mainstay for the Oklahoma economy. The Task Force suggests the implementation of AI could make the state government …

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