News

EIA predicts $50 oil, cheaper gasoline, higher natural gas prices, electricity growth

News Staff

Tuesday, September 16, 2025

The federal Energy Information Administration anticipates lower crude oil prices in coming months. The agency predicts as much as a $19 per-barrel plunge by early 2026. The forecast was issued by the EIA in a short-term prediction.

Rig Report: US reports increase in oil, gas rigs; Oklahoma slips

News Staff

Tuesday, September 16, 2025

As the nation recorded a gain of oil and gas drilling rigs, Oklahoma’s count slipped by one to 42 rigs.The Baker Hughes Rig Count, released Sept. 12, showed the nation added two rigs to reach a total of 539.

Halliburton cutting its workforce again

Jerry Bohnen Ok Energy Today

Tuesday, September 16, 2025

Reuters reports Halliburton has been cutting staff again recently. It was not known whether the company’s operations in Duncan were affected.

Hedge fund controls 19% of Gulfport Energy shares

Jerry Bohnen

Tuesday, September 16, 2025

Credit hedge fund Silver Point Capital now owns almost one-fifth of the shares in Oklahoma City-based Gulfport Energy Corp., a company with a strong focus on natural gas exploration in Ohio.A filing with the Securities and Exchange Commission revealed Silver Point owns 19.

Romanian mob implicated in debit card ‘skimming’ operations in OKC, across the nation

Mike W. Ray Southwest Ledger

Tuesday, September 16, 2025

OKLAHOMA CITY – Three men from Washington state indicted in federal court here were members of a transnational Romanian crime ring arrested across the nation over the past two years on fraud charges arising from use of credit and debit card “skimming” devices.

‘Stuck’ Senate attributed on unwavering votes, ‘enormous number of’ Trump nominees

News Staff

Tuesday, September 16, 2025

U.S. Sen. James Lankford, R-Okla., spoke out last week about what he called the Senate being “stuck” because Democrats are blocking the confirmation of President Trump’s nominees.“Mr. President, the Senate’s stuck,” Lankford said on the Senate floor.

M. Scott Carter | Southwest Ledger Former Hochatown Mayor Dian Jordan tells Hochatown’s story to members of an Oklahoma City Rotary Club last week. Jordan is on stage with Byron Jackson, left, and Ross Plourde, club president.

Hochatown generates millions but it still doesn’t have a ZIP code

News Staff

Tuesday, September 16, 2025

OKLAHOMA CITY – Three years ago, the tiny community of Hochatown – after decades of political and legal battles – was incorporated as the state’s newest official town.

Deadline to request absentee ballots soon

News Staff

Tuesday, September 16, 2025

From staff reports KIOWA COUNTY – Kiowa County voters who want to request absentee ballots for the Oct. 14 special election for the Carnegie school district should apply now, said Kiowa County Election Board Secretary Terri Meinert.

Chickasha EDC, City of Hobart sign economic development MOU

Mike W. Ray Southwest Ledger

Tuesday, September 16, 2025

Neighbors helping neighbors. A rising tide lifts all boats. Etc.That is the concept behind a memorandum of understanding between the Chickasha Economic Development Council and the City of Hobart.“Demand for what we’re doing continues to grow,” said Jim Cowan, director of the CEDC.

New capital investment in Oklahoma totals record $13.7 billion, Commerce announces

News Staff

Tuesday, September 9, 2025

From staff reports The state set a record for new capital investment, with a 2025 year-to-date total of more than $13.7 billion, the Oklahoma Department of Commerce announced recently. This surpasses the previous record, set in 2023 of approximately $8 billion.

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