March 13, 2018 archive

Oil Prices Slip Again Over Concern of Growing Inventories

  Another day of trading¬† and another day of falling oil prices. West Texas Intermediate crude dropped 51 cents to settle at $60.85 a barrel in trading on the New York Mercantile Exchange. The drop amounted to a slip of 0.83% on April futures. Brent Crude on the ICE exchange in London dropped 26 cents …

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Drought’s Grasp Tightens on Western Oklahoma

For those city dwellers who don’t think much about the lack of rain, the anatomy of a drought in western Oklahoma might not mean much. But pictures tell the story of the plight in the Panhandle and the northwest. The first one is of a supposed wheat field near Buffalo. The second picture is of …

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Enel Green Power Donates to Goodwell and Guymon School Districts

The Goodwell wind farm located in Goodwell, OK and operated by Enel Green Power (EGP), recently invested $15,000 to support educational initiatives for the Guymon Public School District, and the Goodwell Public School District. The funding for programs will enhance the learning experience of students, and assist teachers with instruction in the classroom. Goodwell Public …

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Natural Gas Working Its Way to Most Sought-After Energy Source

One international energy leader is predicting natural gas is on its way to being the love of the world.¬† Not coal. Not oil. But natural gas, once considered to be the byproduct of oil drilling. Ask Chesapeake Energy executives who focus on natural gas drilling and have done so for years. As natural gas works …

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EPA Begins Dismantling of Obama’s Methane Rules

Led by former Oklahoma Attorney General Scott Pruitt, the U.S. Environmental Protection Agency has started the process of undoing the Obama administration’s rules on methane gas emissions. In announcing the recent actions, the EPA said the moves were being made to reduce costs and regulatory “burdens” imposed on the oil and natural gas industry. The …

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Koch Argues Against Tariff Increases

Ranked as the 6th richest person in the world with a net worth of $60.8 billion, when energy mogul Charles Koch speaks, people usually listen. The co-founder of Koch Industries headquartered in Wichita, Kansas is critical of President Trump’s proposed tariffs on steel and aluminum. Writing in a Washington Post op-ed, Koch said the tariffs …

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Oklahoma Gasoline Prices Fall in Past Week

  Gasoline prices slipped slightly in the past week reaching a new average of $2.32 a gallon, a drop of about 2 cents per gallon according to AAA Oklahoma. But the cheapest gasoline in the state is in Lawton where the average is $2.186 a gallon, down 2 cents over the past several days. Okmulgee …

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Another Lawsuit Filed Over Houston’s 2017 Flood Fire

The Arkema chemical plant that caught fire and exploded last year in the middle of the flood disaster at Houston has led to a $1 million lawsuit. Liberty County has gone to court against Arkema over the chemical fires at the Crosby plant. The suit was filed after firefighters filed high-dollar lawsuits against the chemical …

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