December 29, 2020 archive

Tuesday wasn’t kind to Oklahoma energy stocks

  Scrooge must still be hanging around the markets as Oklahoma energy stocks didn’t fare any better on Tuesday than they did Monday. It came on a day when crude futures saw increases in their prices. US benchmark, West Texas Intermediate crude for February delivery finished up 12 cents at $48.12 for a change of …

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Oklahoma regulators to meet Wednesday

    Oklahoma Corporation Commissioners will meet Wednesday morning at the state capitol for a regular meeting where they will consider extending their COVID-19 restrictions. The agenda for the 9:30 a.m. meeting includes discussion and a possible vote on an application by Administration Director Tim Rhodes for a proposed sixth order extending the original one …

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American Airlines makes first Boeing 737 Max flight since deadly crashes

  The Boeing 737 Max is back in the air. American Airlines was the first airline in the U.S. to fly commercial passengers on the plane on Tuesday, two years after deadly foreign crashes led to a grounding of the plane. Many of the American Airlines grounded 737 Max jetliners were put in storage at …

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Walmart grows commitment to forest conservation

  Walmart says it intends to expand its global efforts to eliminate carbon emissions by targeting beef grown in deforestation areas. It’s part of the discount giant’s work to stop forest loss according to a report by Chain Store Age. Click here for the Chain Store Age report. nt.

Coronavirus relief package includes keeping Colorado’s radioactive dirt grave

  Many Americans probably never heard of it—the radioactive dirt grave south of Grand Junction, Colorado. It is considered the last federal government repository for Cold War leftovers in the country.  When President Trump signed the coronavirus relief package, there was a brief inclusion of money for a site where tons and tons of radioactive …

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Nortek to add 60 employees in OKC

  Oklahoma City’s Nortek Data Center Cooling plans to add 60, second-shift positions during the first quarter of 2021. Nortek Data Center Cooling manufactures sustainable, efficient data center cooling solutions. The company is a division of Nortek, which also manufactures custom commercial air handlers as well as other heating and cooling systems for residential and …

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Gasoline prices increase nationally but hold steady in Oklahoma

  Gasoline prices are up to their highest average in nine months as Oklahoma prices are at $1.95 while nationally, the average is at $2.25. Oklahoma’s average remained constant in the past week but rose 3 cents a gallon nationally. Compared to a month ago, Oklahoma prices on average are up 13 cents a gallon …

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Energy news in brief

** The Islamic Revolution Guards Corps (IRGC) of Iran unveiled this week the second oceangoing oil tanker it has helped to build, to show that the Islamic Republic has managed to build a tanker despite the U.S. sanctions imposed by President Donald Trump, Iran’s Fars News Agency reported. ** Canada’s Direct Coil, a heating and cooling solutions …

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Billions in stimulus package will go to fight against climate change

  Environmentalists and Democrats are not only excited about the economic stimulus bill and what it will do to tackle the issue of a warming planet, they’re anxious for Joe Biden to be sworn in as President because climate change funding could get another boost. USA Today reported the mammoth spending bill as a substantial …

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CVR wastes no time converting its Wynnewood refinery to renewable diesel fuel production

  CVR Energy, Inc. is moving quickly ahead after its board of directors approved a $110 million renewable diesel project at its refinery in Wynnewood, Oklahoma. The company is among others nationally in converting refineries to renewable diesel fuel production. The refinery’s hydrocracker unit will be converted for the production of renewable diesel. While approval …

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