Another quarterly cash dividend and its payment date have been announced by Unit Corporation in Tulsa. The company said its previously announced dividend of $1.25 per share of common stock for the first quarter of 2025 will be paid March 28. Only those shareholders of record at the close of business on March 18 …
Energy briefs
** Costco has expanded its gas station hours, and members are hoping this change will help reduce the lines at the pump. The warehouse club announced on social media that its gas stations will now open at 6 a.m., seven days a week. They will stay open until 10 p.m. on weekdays. ** Tennessee lawmakers consider reclassifying natural gas — already …
Weak gains made by crude oil prices while OK energy stocks suffered again
Crude oil prices were mostly steady on Thursday but Brent crude, the global benchmark still finished below $70 a barrel. Oklahoma energy stocks were another story as they suffered another day of losses. West Texas Intermediate crude, the U.S. benchmark, gained 5 cents or 0.1% and finished at $66.36 a barrel on the New York …
Judge expects “marathon” hearing into PSO’s $730 million purchase of a gas plant
A “marathon” hearing is what an Administrative Law Judge expects as the Oklahoma Corporation Commission begins examining the request of Public Service Company of Oklahoma to finalize its $730 million acquisition of a Jenks natural gas power plant. Public comments were received Thursday afternoon from 20 chamber of commerce, business and school leaders in …
And you thought we were finished with snowfall?
Yes, the white stuff is in the forecast for some areas of Oklahoma this weekend. One to two inches are possible in western reaches of the state, according to the Oklahoma Mesonet. More likely the snow will be heavier in the Texas Panhandle.
Texas businesses urge EPA to allow state control of carbon capture well development
When two Texas congressmen recently urged EPA Administrator Lee Zeldin to allow Texas to assume authority over development of carbon capture wells, it came after a few dozen businesses in the state sent the same kind of letter to EPA Region 6 Administrator Scott Mason. In a letter submitted on February 18, 2025, 33 …
Wide range of energy bills approved by the Senate Enery Committee
From solar farms to groundwater permits to stopping the spread of sludge on farmland, the Oklahoma Senate Energy Committee finished its work Thursday by approving 7 energy related bills. Senate Bill 3 by Senator Grant Green of Wellston was approved on a 10-0 vote. It will create a moratorium on the spreading of sludge …
OGE crews close to full restoration of power in tornado-damaged Ada
Oklahoma Gas and Electric reports it has restored power to nearly 98% of its thousands of customers in Ada following this week’s tornado that knocked down power lines and damaged several buildings, including an elementary school. An update from the utility Thursday morning indicated crews anticipated full restoration by late Thursday night. In Ada, …
House Committee approves windfarm setback bill
A bill targeting the wind industry in Oklahoma was approved this week by a state House Committee. The House Energy and Natural Resources Oversight Committee passed House Bill 2751 by Rep. Trey Caldwell on a 10-6 vote and now it’s eligible to be heard by the full House. The measure calls for an extension …






