Oklahoma FY 2025 budget includes key investments

By staff reports OKLAHOMA CITY – Close to 50 appropriations bills representing Oklahoma’s Fiscal Year 2025 budget were sent to Gov. Kevin Stitt’s desk on Thursday, May 30, for his approval.

Corporation Commission staff issues controversial 2021 storm expenses report

OKLAHOMA CITY – A division of the Oklahoma Corporation Commission blamed Corporation Commissioner Bob Anthony and former state lawmaker Mike Reynolds for more than a quarter of a billion dollars in additional costs to ratepayers from the 2021 Winter Storm Uri “securitization” bonds.

Man on run from California drug case convicted in Oklahoma of meth charge

MUSKOGEE – A Californian who was on the lam from a drug conviction in the Golden State was in possession of 49 pounds of methamphetamine when he was arrested in eastern Oklahoma while attempting to evade a traffic stop.

Rig Count Report

The latest rig report from Baker Hughes showed no change in the nation’s oil and gas rig count but a decline in Oklahoma.The report released on Friday indicated the nationwide count remained at 600 rigs after a decline of one oil rig leaving 496 in the patch and a gain of one gas rig to 37. The U.S.

Crude starts new week after losses last week

From staff reports While crude oil prices dropped in Friday’s trading, Oklahoma energy stocks made gains for the day.Crude fell and it led to a weekly drop as well. Investors were hesitant because of the OPEC+ meetings that started Sunday.West Texas Intermediate crude fell 92 cents or 1.2% to $76.

Energy/Business Briefs

• Vermont Gov. Phil Scott allows the Climate Superfund Act to become law without his signature, becoming the first state to pass a measure requiring major oil companies to pay for climate damages.• Senate Majority Leader Chuck Schumer (D-N.Y.

Representatives file bill to block Biden’s anti-oil and gas regulations

From staff reports Two U.S. Representatives from Colorado and Wyoming have taken on a fight against the Biden administration’s efforts to curtail oil and gas production on federal lands in their states.Reps.

SPP power grid raises questions about greenhouse gas emissions rule

The Southwest Power Pool, the power grid controlling Oklahoma and 13 other states, joined others in raising questions about the impact of a final greenhouse gas emissions rule issued by the Environmental Protection Agency.

Federal regulatory measures add gene editing challenges

From staff reports When discussing the benefits of gene editing in the cattle industry, University of California-Davis’ AllisonVan Eenennaam said regulatory issues from the Food and Drug Administration treat technology like a drug, slowing down approval processes.

Trust in Beef Sustainable Ranches Tour set for June 19-20

From staff reports Farm Data Services’ Vice President of Operations Clay Burtrum discussed the upcoming Trust in Beef Sustainable Ranchers Tour held June 19-20 on his Stillwater ranch.The Trust in Beef organization provides technical resources to aid producers in managing their ranches.