Category Archives: Business

Drummond South Ranch for Sale

It is a stunning property, huge, historic, and owned by the family of Oklahoma’s current Attorney General, but why, after 100 years, would it go up for sale? Some speculate the McGirt Decision or the new feature movie, “Killers of the Flower Moon,” may have come into consideration. Others suggest it is economics or aging leadership or could it be politics? Over 8,000 acres are under fence, just a thirty-minute drive from Tulsa.

From ethics reports, Attorney General Gentner Drummond loaned his campaign millions. In Oklahoma, you can earn 10% on that money as it may be paid back from contributors, but that is a lot of money out-of-pocket by any standard. Is this property sale to pay campaign debt or finance a bid for governor?

AG Drummond was the beneficiary of dark money with tribal connections and outright donations from tribal leaders. Is it possible that from his personal perspective, the McGirt Decision may return ownership of land to native tribes? That happened in South Africa where land owned for generations by farmers was given to native people once the South African Courts got involved. Is all Northeast Oklahoma, to say nothing of Tulsa, at risk? Does the family see writing on the wall?

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Tulsa August Rental Activity Jumps

Renting is now the new buying, thanks to Bidenomics, as high home prices and the peak rental season bring out more renters looking for apartments. But, which cities are seeing the most listing activity and attracting the most attention from apartment hunters?

For the first time ever, Tulsa has entered the list of the top 30 most popular cities for renters, after climbing a remarkable 48 places since last month. This month it ranks 28th, surpassing much bigger renter hubs, such as Manhattan, NY, in terms of popularity. 

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Challenges to work with Gen Z

A recent survey released today explores perceptions of Gen Z workers among managers and business leaders. The report also shares insight into the top reasons why Gen Z employees get fired. Overall, the survey garnered responses from 1.000 managers and business leaders who believe Gen Z is the most difficult generation to work with. The report was commissioned by ResumeBuilder.com,

“As a result of COVID-19 and remote education, it’s possible that GenZers lack the foundation to be more successful than older generations in entry-level positions,” says Chief Career Advisor Stacie Haller.

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Historically high natural gas prices

After a hurried two months of stops and starts, and last-minute changes delivered less than two hours before the meeting Thursday, Corporation Commissioners Todd Hiett and Kim David approved orders declaring more than $6 billion of OG&E, ONG and PSO’s fuel procurement costs and expenses for 2021 to be “fair, just, reasonable and prudent” – costs and expenses that include the historically high natural gas prices paid during the February 2021 Winter Storm. Commissioner Bob Anthony disagreed.

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OK taxpayer’s return on investment

Analysis: What do you think taxpayers deserve for an investment in a public company – 5%, 10%, 15%? In the world of Wall Street, the return on investment for a large capital expenditure is generally a minimum of 8%. Why would you put shareholder money at risk for anything less?

Well, you the taxpayers– the shareholders of the State of Oklahoma, if you will– should be asking what the expected return on investment is if state leaders give Panasonic $950 million to put a battery plant for electric vehicles in Pryor. That’s apparently the new Panasonic request, upping the previous incentive of $700 million by another $250 million!

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