May 14, 2020 archive

OK Treasurer–April receipts plunge $500 million

It was a  twitter sent out Thursday morning by Oklahoma Treasurer Randy McDaniel that grabbed headlines and drove home the impact of the coronavirus on the state’s economy. “April Gross Receipts to the Treasury plunged by more than half a billion dollars as the coronavirus pandemic disrupts Oklahoma’s economy,” he tweeted. The word “disruption” might …

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AOC named by Biden to a Presidential campaign task force

She’s not exactly loved by Oklahoma’s fossil fuel industry, but Democrat Rep. Alexandria Ocasio-Cortez, better known as A-O-C, one of the authors of the Green New Deal is now playing an important role in Joe Biden’s campaign for the White House. This week, he named her to co-chair a task force on climate change, a …

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Oklahoma loses thousands of green energy jobs too

  New data claims more than 447,000 employees in the clean energy sector lost their jobs last month in the U.S. because of the coronavirus pandemic and fuel crisis, including nearly 3,800 in Oklahoma. BW Research Partnership and industry groups released the figures this week and they show Oklahoma’s job loss in the clean energy …

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Oklahoma’s Sierra Club cancels in person meetings into June

The COVID-19 pandemic has forced the Oklahoma Sierra Club to cancel all in-person meetings and events through the middle of June. In an email notice this week, the club said it continues to place health and safety above all else in response to the coronavirus pandemic. As such, it will avoid in personal meetings until …

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Texas might have edge for new Tesla car plant

In the mad scramble by states including Oklahoma to attract Tesla, it seems Texas might have a slight edge after founder Elon Musk talked of being disgusted with California officials and suggested he will move his car manufacturing plant. Reports indicate Texas Gov. Greg Abbott has spoken with Elon Musk and said the Tesla founder …

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Chesapeake stock drops after company leaders openly talk of bankruptcy

Shares in Oklahoma City’s Chesapeake Energy dropped two straight days this week after the company admitted it might not survive if it were unable to file Chapter 11 bankruptcy. It caught the attention of The Street, the financial news website. Chesapeake Energy shares tumbled Tuesday after an analyst with CFRA slashed her price target on the …

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