July 21, 2020 archive

Oil prices climb by more than 2% to four-month high

  Oil futures rose higher in Tuesday’s trading as prices reached their highest level since March. A ripple effect was seen in Oklahoma prices as one firm saw its shares increase nearly 11% in value. West Texas Intermediate crude for August delivery was up $1.15 a barrel or 2.8% to settle at $41.96 after gaining …

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Nebraska legislators, scientists make 11th hour bid for climate change study

        Some Nebraska legislators are starting a push with environmentalists and others to come up with a climate action plan….one they hope will be approved by the legislature this year. One climate scientist who retired from the University of Nebraska-Lincoln proclaimed, “The implications of this are just incredible for our state–our economy, …

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Court order will result in increased rail shipments of Bakken crude oil

  If and when the Dakota Access crude oil pipeline shuts down under orders of a federal court, will it lead to increased transportation of crude by rail? Will environmentalists regret their opposition to the North Dakota pipeline? They are big questions that some are raising, and no doubt environmentalists, who voiced opposition in past …

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Oklahoma Energy Producers Alliance to hold annual meeting in August

  The Oklahoma Energy Producers Alliance is planning an in-person annual meeting next month in Oklahoma City. The one-day event will be held at the Embassy Suites downtown and begin with welcomes by Dewey F. Bartlett, Jr. who is chairman of the Alliance and David Little, president of the organization. A mid-morning session will be …

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Oklahoma’s jobless rate nearly cut in half from May

  While Oklahoma’s jobless rate tumbled from nearly 13% in May to 6.6% last month, the biggest job loss in June was still in—-you guessed it—the oil and gas sector. An estimated 2,100 jobs were lost in June in the Mining and Logging classification used by the Oklahoma Employment Security Commission which released figures this …

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Love’s stores to require COVID-19 protective masks

Oklahoma City-based Love’s Travel Stops announced that as of July 29, the company will require its customers to wear face coverings or masks because of the COVID-19 pandemic. The decision will apply to every Love’s Travel Stop, Love’s Country Store, Love’s Truck Care and Speedco location across the U.S. The company has 540 stores in …

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1,000 new jobs added to Amazon center in OKC

  Amazon’s new Oklahoma City plant is said to be adding another 1,000 workers. It’s what The Oklahoman reported this week. Click here to view the story.  

Drilling activity reported in Oklahoma’s STACK

  Ovintiv Mid-Continent Inc., Paloma Operating Co. Inc. and Fourpoint Energy companies are among those energy firms still drilling for new oil in Oklahoma. They and other firms filed completion reports this week on wells in Canadian, Kingfisher and Ellis counties. Ovintiv Mid-Continent completed the Klade 1407 4h-3x well in Canadian County at 10 14N …

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Energy news in brief

 ** Entergy Arkansas customers are supposed to receive a $15 million refund by the end of July, but the utility is contesting an order by state regulators to make the payment.  **  Six new sinkholes appear along the Mariner East pipeline route in eastern Pennsylvania as opponents press state officials to shut the project down. ** A group of 20 …

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Study undertaken into wind farm impact on pronghorn antelope

  Scientists and researchers have studied the impact of wind farms on birds but now wildlife biologists in Wyoming have undertaken research into the impact on the pronghorn antelope. The state’s Game and Fish Department recently launched the study by putting GPS tracking collars on 36 pronghorn fawns “in an effort to understand the demographic …

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