January 30, 2019 archive

OKC now a “Gig” City

 Oklahoma City is now a “Gig” City, according to an announcement coming Thursday from Mayor David Holt and Cox Communications. Alongside leaders from Cox Communications, Mayor David Holt will announce that residents of OKC and the surrounding communities now have access to gigabit internet speeds. Gigabit speeds, equal to 1,000 megabits per second (Mbps), allow …

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New Mexico joins coalition fighting global warming

The Governor of New Mexico has signed an order directing New Mexico to join a national coalition of states wanting to fight climate change. It’s seen as an effort by Gov. Michelle Lujan Grisham to shift New Mexico to a renewable energy economy. At a news conference in the state Capitol, the Democratic governor described …

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Inhofe and others file bill to promote wildlife conservation

Oklahoma U.S. Sen. Jim Inhofe is part of a Republican-led effort in the Senate Environment and Public Works Committee to reintroduce a Wildlife Innovation Act. The act is meant to promote wildlife conservation, help in the management of invasive species and help protect endangered species. Officially, it is called the WILD Act or Wildlife Innovation …

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Study attempts to dissuade Republican states in climate change debate

Oklahoma ranks 10th highest in the U.S. when it comes to the economic impact of climate change, according to a new analysis released by the Brookings Institution. The study suggested states that voted heavy Republican in 2018 will be hurt the hardest. The same study attempted to claim that many states facing the biggest economic …

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Democrats want to remove “God” from oath at House Natural Resources Committee

First they didn’t identify the Republicans on the committee and now Democrats in charge of the U.S. House Committee on Natural Resources wants to remove “God” from the witness oath. As OK Energy Today reported this week, the Democrats listed only themselves on the committee’s government website and did not identify Oklahoma Republican Rep. Kevin …

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US Cellular says it invested $20 million in Oklahoma last year

U.S. Cellular, considered to be the 5th largest full-service cellular company in the nation says it made more than $20 million in investments in Oklahoma in 2018. The total was $20.2 million and $18 million went toward enhancements to the company’s high-speed voice and data network according to an announcement. Additionally, the tech products in …

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EnCap Flatrock Midstream makes $300 million commitment to Houston company

Investment firm EnCap Flatrock Midstream, the San Antonio based company with a major office in Oklahoma City is making a $300 million capital commitment to Houston-based Clear Creek Midstream, LLC. Clear Creek is an independent energy company focused on development of midstream infrastructure for oil and gas producers. “We are excited to welcome the Clear …

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Enable Midstream makes $1 billion loan agreement

  Oklahoma City-based Enable Midstream Partners, LP  announced that it has entered into a $1 billion three-year unsecured term loan agreement. Enable has initially borrowed $200 million under the agreement, and a delayed-draw feature provides Enable the flexibility to make up to $800 million in additional borrowings for up to 180 days from Jan. 29, …

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New Emergency Management Director named in Oklahoma

If and when tornadoes strike leaving thousands of Oklahomans without electrical power, the man in charge of emergency responders will be Mark Gower. He’s the new Director of the Department of Oklahoma Emergency Management and was named this week by Gov. Kevin Stitt. “Mark Gower has been dedicated to the safety and security of Oklahomans …

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Continental Resources sees increased oil production from its SCOOP project

Executive leadership of Oklahoma City’s Continental Resources held a conference call this week where they updated goals for the company’s big Project SpringBoard in the state’s SCOOP play. Leaders told investors they believe the project will increase the firm’s oil production by 10 percent between the third quarters of 2018 and 2019. Continental Resources’ president …

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