Energy/Business Briefs

• Chrysler parent Stellantis is laying off as many as 2,450 factory workers from its Warren Truck assembly plant outside of Detroit as the automaker ends production of the Ram 1500 Classic truck.

Mammoth awaits hearing over unpaid recovery efforts

From staff reports Oklahoma City’s Mammoth Energy Services won’t learn perhaps until next month whether a judge will sign off on a multimillion-dollar settlement of unpaid work the company did in restoring electrical power to Puerto Rico following the 2017 Hurricane Maria.

Opposition growing for proposed Kiamichi River hydroelectric plant

From staff reports A controversial hydroelectric power plant proposed along the Kiamichi River in Pushmataha County we reported on a few months ago drew another opponent.Sen. George Burns (R-Pollard) announced his “strong opposition” to the project proposed by the Southeast Oklahoma Power Corp.

Unit Corp. Q2 earnings dismal

From staff reports TULSA – Disappointing second quarter results were reported by Unit Corporation of Tulsa as the energy firm saw a drop of net income in addition to a decline for the first half of the year.Unit stated its net income for the quarter totaled $11.5 million or $1.

Southwestern Energy reports $608 million net loss in 2Q

From staff reports While still awaiting government approval of Southwestern Energy’s merger with Oklahoma City-based Chesapeake Energy, Southwestern recently revealed its second quarter earnings which included a net loss of $608 million or 55 cents a share.

Gasoline prices take another slip downward in Oklahoma

From staff reports U.S. gasoline prices slipped three cents in the past week to a new national average of $3.44 per gallon while Oklahoma prices fell by three cents to $3.04 per gallon.Motorists might remember Oklahoma’s average was $3.15 a month ago.

Promoting pork to younger consumers via social media

OKLAHOMA CITY – National Pork Board Senior Director of Processing and Engagement Kevin Sheehan outlined the importance of transforming pork’s image in the eyes of America’s youth.During the Oklahoma Pork Congress, held Aug.

Specialist examines state’s cotton crops, discovers nematode in unfamiliar territory

From staff reports Oklahoma State University Extension Cotton Specialist Jenny Dudak recently spoke about her love of cotton and issues affecting various cotton crops.

Review Corporate Transparency Act to avoid costly penalties

From staff reports With key deadlines approaching, the National Cattlemen’s Beef Association is reminding cattle producers to speak with their tax attorneys about the Corporate Transparency Act.

Woodall: Lower entry barriers for beef cattle industry newcomers

From staff reports SAN DIEGO – National Cattlemen’s Beef Association CEO Colin Woodall spoke about the importance of lowering barriers for newcomers in the cattle industry, especially for young producers. Woodall leads the largest national trade association for cattle producers.