After soaring Monday to hit $119 a barrel, crude oil prices finished down while the military attacks by the U.S., Israel and other middle eastern countries continued against Iran. Reuters indicated early in the session, Brent soared by $26.81 to $119.50 a barrel, and WTI hit a session high of $119.48. Those were the highest …
More severe weather threatens Oklahoma on Tuesday
After severe weather left four people dead in Oklahoma over the weekend, the state is at risk Tuesday for more such weather. The National Weather Service said 7 tornadoes were reported Friday. A woman and her 13-year old daughter were killed Friday when a tornado near Fairview in Northwestern Oklahoma hit their car. Two …
Data center opponent draws support after arrest for “speaking too long”
Opponents and critics of a proposed data center at Claremore are still stunned over the recent arrest of one protester, all because he attempted to speak more than the 3-minute time limit placed on public speakers at the city council meeting. The meeting focused on the data center and Darren Blanchard of Mounds had …
AG joins fight over old greenhouse gas emissions rule
Attorney General Gentner Drummond has filed a motion to intervene with the U.S. Court of Appeals for the D.C. Circuit in support of the Trump Administration’s efforts to eliminate radical regulations of carbon emissions. At issue is a decision by the Environmental Protection Agency (EPA) to rescind the 2009 Greenhouse Gas Endangerment Finding — …
Legislator says current law banning foreign ownership in state is unused
After his bill to criminalize foreign ownership of land in Oklahoma was soundly killed in a House Committee last week, Rep. Jim Shaw said the existing law defended by one legislator has “no teeth” in it and has not resulted in one legal case. Shaw, the Republican legislator from Chandler who has been at odds …
Continued strong drilling activity in Oklahoma
A new report from Baker Hughes shows oil and gas drilling remains strong in Oklahoma with an unchanged rig count of 45. The Rig Count indicated no change where the drilling remained the strongest in the Cana Woodford as the count stayed at 22 active rigs. The Anadarko Basin is clearly active with drilling. …
Supreme Court to decide constitutionality of Oklahoma’s CWIP law
A challenge to the Supreme Court of Oklahoma’s new Construction Work in Progress could be the constitutional challenge some had argued was needed when the law was created in 2025 by the state legislature. Oklahoma Gas and Electric Company contends in its Supreme Court challenge of a Construction Work in Progress denial by state regulators …
Losses for Mammoth Energy to finish year 2025
Despite a deliberate decision in 2025 to reshape the company’s portfolio, Mammoth Energy Services still reported losses in the fourth quarter and for the full year. The Oklahoma City based company reported financial and operational results for the fourth quarter and full year ended showing $12.3 million net loss in the quarter and $63.8 …
Sudden resignation by Gulfport Energy Corporation President
An immediate resignation of Gulfport Energy Corporation’s President, Chief Executive Officer and Director John Reinhart was announced Monday by the Oklahoma City-based company. The statement said he “has elected to depart the Company and resign from the Board of Directors, effective immediately.” After the announcement, Gulfport shares dropped nearly 7% ending the day at: Gulfport …
Unit Corporation announces dates for dividend payments
Unit Corporation announced payment dates for its quarterly cash dividend. The Tulsa company said the quarterly dividend of $1.25 per share of common stock for the first quarter of 2026 will be paid on March 27, 2026. Payments will be made to shareholders of record as of the close of business on March 17, …