Oklahoma City-based LSB Industries, Inc. is under new leadership after Dan Greenwell chose not to enter into a new employment agreement and stepped down as Chairman and Chief Executive Officer. The Board of Directors responded by appointment Mark Behrman, LSB’s current Executive Vice President and Chief Financial Officer to take over as the new President …
Gasoline prices in Oklahoma have fallen 4.9 cents per gallon in the past week, averaging $1.90/g Monday, according to GasBuddy’s daily survey of 2,294 stations in Oklahoma. This compares with the national average that has fallen 6.6 cents per gallon versus last week to $2.25/g, according to GasBuddy. The company also predicts prices will …
New Mexico’s new governor Michelle Lujan Grisham took office this week calling on the state to spend more money on addressing climate change. And she wants to do it through more regulation of the booming oil industry and promotion of renewable energy. Succeeding term-limited Republican Susana Martinez, Grisham, a Democrat also said it was time …
Pickup truck drivers in Texas and two other states have started targeting TESLA charging stations, blocking drivers from recharging their vehicles. The growing practice is seen as a form of protest against environmental regulations. E and E News had this report on the development. Forget “rolling coal.” A new trend called “ICE-ing,” in which pickup …
Three major highway improvement projects are getting underway in Tulsa and it means some highways will be shut down for the next two years. The projects are on Tulsa’s Inner Dispersal Loop or commonly called the “IDL” and will affect the south and east legs of the loop. Oklahoma 11 south of Tulsa International Airport …
Halliburton’s president and CEO Jeff Miller has been named Chairman of the Board. The Houston-based company that got its start in Oklahoma in 1919 said the appointment was effective New Year’s Day. Miller succeeds Executive Chairman Dave Lesar who retired on Dec. 31, 2018. “I appreciate the confidence that the Board has placed in me,” …
Mammoth Energy Services, Inc. in Oklahoma City announced a series of transactions totaling nearly $8 million that provide for an expansion of its aviation services business. It’s acquired Air Rescue Services and also formed a joint venture with Wexford Capital which purchased Brim Equipment Leasing. The total consideration was $7.9 million and both transactions were …
The Oklahoma Corporation Commission is being asked by OGE to approve a nearly $600 million rate hike to recover investments required by the federal government. In an announcement this week, the company said it had filed paperwork asking for approval of the rate increase in order to recover nearly $534 million invested in the …
For a third straight year, the number of strong earthquakes in Oklahoma declined. But State seismologist Jake Walter is only cautiously optimistic. He pointed out in a recent interview with the Tulsa World that the state’s quake frequency is still far above the historical average of only two or three magnitude 3.0s a year. For …
The Oklahoma Corporation Commission starts 2019 with a regular meeting on Wednesday. The meeting includes consideration of proposed or potential orders in cases on the daily signing agenda docket. Commissioners will also hold an information discussion of preparation for the upcoming legislative session that begins in February. The meeting starts at 9:30 a.m. in Room …