Lawsuit filed over ‘insulin pricing scheme’

OKLAHOMA CITY – State Attorney General Gentner Drummond filed a lawsuit against major diabetic drug manufacturers and pharmacy benefit managers for “an unfair and deceptive pricing scheme that has cost Americans billions of dollars.

Southwest Oklahoma Legislative Update State Senate

OKLAHOMA CITY – Budget negotiations are still underway with about 10 days left in the legislative session.

Southwest Oklahoma Legislative Update House of Representatives

OKLAHOMA CITY – Recent legislative action in the state House of Representatives included adding a financial literacy course to high school graduation requirements. The bill, House Bill 2158, was authored by Rep. Dick Lowe (R-Amber) and was approved by Governor Kevin Stitt.

Fort Cobb Fuel Authority customers file protests

OKLAHOMA CITY – Several customers whose natural- gas service is provided by Navitas and its subsidiaries expressed to state regulators their displeasure with the utility company’s rate increase.A couple of business owners, for example, related their concerns.

State regulators approve Fort Cobb Fuel Authority rate hike

OKLAHOMA CITY – The state Corporation Commission has authorized Fort Cobb Fuel Authority to increase the base rate for its residential, domestic tap, and commercial customers to $24.50 per month effective Jan. 1, 2025.

‘Domestic taps’ cause Corp. Commission flap

OKLAHOMA CITY – The state Corporation Commission approved Fort Cobb Fuel Authority’s rate hike on a 2-1 vote. Chairman Todd Hiett voted ‘no’ because the final order omitted a proposed sixyear phase-in for customers who are served from “domestic taps.

Fraud incidents can now be reported online

OKLAHOMA CITY – Suspected incidents of fraud – such as the case of a Carter County woman who defrauded a victim of more than $1 million – can now be reported via an online form.

Red Lobster closes Lawton restaurant

From staff reports Struggling Red Lobster, the biggest seafood restaurant chain in the U.S., has abruptly closed dozens of its approximately 650 restaurants, including three in Oklahoma.

Rig Count Report

The latest Baker Hughes rig report released on Friday showed Oklahoma’s number of active oil and gas rigs increased by one. The state’s total is 44 rigs, compared to 51 rigs reported one year earlier.Nationally, the count gained one to 604.

Energy/Business Briefs

From staff reports• Crews continued to evaluate on Tuesday a controlled explosion aiming to dislodge the cargo ship Dali from the collapsed Francis Scott Key Bridge in Baltimore.