January 2019 archive

Wildlife Agency to open headquarters after $16 million in flood damage repairs

Sixteen million dollars later and the renovation of the headquarters of the Oklahoma Department of Wildlife Conservation is ready to be seen by the public. Damage from flooding in 2013, the building had been closed while repairs and renovations were underway. But the public grand opening has been set for Monday, Jan. 14 from 3 …

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LSB Industries gets new leadership

Oklahoma City-based LSB Industries, Inc. is under new leadership after Dan Greenwell chose not to enter into a new employment agreement and stepped down as Chairman and Chief Executive Officer. The Board of Directors responded by appointment Mark Behrman, LSB’s current Executive Vice President and Chief Financial Officer to take over as the new President …

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GasBuddy predicts low gasoline prices could disappear by spring

  Gasoline prices in Oklahoma have fallen 4.9 cents per gallon in the past week, averaging $1.90/g Monday, according to GasBuddy’s daily survey of 2,294 stations in Oklahoma. This compares with the national average that has fallen 6.6 cents per gallon versus last week to $2.25/g, according to GasBuddy. The company also predicts prices will …

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New Mexico’s new Governor calls on more regulation of oil and gas and targets climate change

New Mexico’s new governor Michelle Lujan Grisham took office this week calling on the state to spend more money on addressing climate change. And she wants to do it through more regulation of the booming oil industry and promotion of renewable energy. Succeeding term-limited Republican Susana Martinez, Grisham, a Democrat also said it was time …

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Pickup truck drivers target TESLA charging stations

Pickup truck drivers in Texas and two other states have started targeting TESLA charging stations, blocking drivers from recharging their vehicles. The growing practice is seen as a form of protest against environmental regulations. E and E News had this report on the development. Forget “rolling coal.” A new trend called “ICE-ing,” in which pickup …

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Highway improvements launched in new year in Tulsa

Three major highway improvement projects are getting underway in Tulsa and it means some highways will be shut down for the next two years. The projects are on Tulsa’s Inner Dispersal Loop or commonly called the “IDL” and will affect the south and east legs of the loop. Oklahoma 11 south of Tulsa International Airport …

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Halliburton gets a new chairman of the board

Halliburton’s president and CEO Jeff Miller has been named Chairman of the Board. The Houston-based company that got its start in Oklahoma in 1919 said the appointment was effective New Year’s Day. Miller succeeds Executive Chairman Dave Lesar who retired on Dec. 31, 2018. “I appreciate the confidence that the Board has placed in me,” …

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Mammoth Energy expands services to include helicopter fleet

Mammoth Energy Services, Inc. in Oklahoma City announced a series of transactions totaling nearly $8 million that provide for an expansion of its aviation services business.  It’s acquired Air Rescue Services and also formed a joint venture with Wexford Capital which purchased Brim Equipment Leasing. The total consideration was $7.9 million and both transactions were …

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OGE seeks $600 million rate hike to recover power plant improvements

  The Oklahoma Corporation Commission is being asked by OGE to approve a nearly $600 million rate hike to recover investments required by the federal government. In an announcement this week, the company said it had filed paperwork asking for approval of the rate increase in order to recover nearly $534 million invested in the …

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