October 26, 2022 archive

Oklahoma regulators to meet Thursday morning

  The Oklahoma Corporation Commission will hold a regular meeting Thursday at the Jim Thorpe building. The meeting will begin at 9:30 a.m. and items to be considered include the daily signing docket and the 24-hour signing agenda docket. The Commission’s agenda indicated there will also be a report from Mary Candler, Interim Director of …

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Increased oil exports sent prices up along with OK energy stocks

  Record U.S. crude exports resulted in a 3% gain in crude oil prices on Wednesday and gains for Oklahoma energy stocks including one firm with a more than 11% increase. The gains came after it was announced that U.S. refiners had operated at higher-than-usual levels for this time of year reported Reuters.  West Texas …

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More than $26 million in EPA grants will help 18 school districts buy electric school buses

  At least 18 school districts in Oklahoma were among nearly 400 nationwide that received more than $26 million in grants under the Biden Administration’s nearly $1 billion Clean School Bus rebate competition. Vice President Kamala Harris and EPA Administrator Michael S. Regan announced the recipients during a ceremony on Wednesday. The grants will help school …

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Most U-S homes with solar panels are in the Northeast and West

   A report by the US. Energy Information Administration shows that most of the U.S. homes with solar panels are on the country’s East and West coasts. In 2020, 3.7% of U.S. single-family homes, including mobile homes, generated electricity from small-scale solar systems (solar panels installed on a home or building), according to our 2020 Residential …

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Will earnings success continue for NGL Energy Partners?

  NGL Energy Partners LP announced that NGL plans to issue its fiscal second quarter ended September 30, 2022 earnings press release post-market close on Wednesday, November 9, 2022. The members of NGL’s management team in Tulsa intend to host an earnings call following this release on Wednesday, November 9, 2022 at 4:00 pm CT …

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Williams dividend declared

  Investors in Tulsa-based Williams will be getting another quarterly dividend. The company’s board of directors announced a regular dividend of $0.425 per share, or $1.70 annualized, on the company’s common stock, payable on Dec. 26, 2022, to holders of record at the close of business on Dec. 9, 2022. This is a 3.7% increase from …

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Halliburton’s 3Q earnings soared from 2Q report

  Third quarter revenue for Halliburton Company was nearly 5 times what it was on the second quarter of the year. The firm that was founded in Oklahoma and is now headquartered in Houston announced net income of $544 million, or $0.60 per diluted share, for the third quarter of 2022. This compares to net income …

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Denver’s E-bike program too successful

  The city of Denver handed out millions of dollars in federal subsidies for E-bike users so quickly that it has had to pause the program. The city’s Office of Climate Action, Sustainability and Resiliency announced this week it had to pause the $9 million in subsidies in just six months according to the Colorado …

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Tulsa Power Station’s 100th anniversary observed

  Public Service Company of Oklahoma marked the centennial of one of Tulsa’s most recognizable landmarks, Tulsa Power Station this week. PSO President and Chief Operating Officer Leigh Anne Strahler, Mayor G.T. Bynum and County Commissioner Karen Keith joined TPS employees to celebrate a century of service. No one is certain exactly when Tulsa Power Station began producing …

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New board leadership at Southwest Power Pool

  New leadership of the Southwest Power Pool independent board of directors was chosen this week and two new directors were also added to the board. The power pool controls electricity production in a 17-state region that includes Oklahoma. Susan Certoma will serve as chair, and Elizabeth Moore will serve as vice chair. Steve Wright …

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