Regulators give final approval to $64 million OGE rate reduction

The Oklahoma Corporation Commission voted unanimously on Tuesday for the approval to a settlement in the Oklahoma Gas and Electric (OG&E) rate case that is the largest single rate reduction for an Oklahoma electric utility. Commission Chairman Dana Murphy called the agreement a win-win for all concerned. “The settlement will cut rates by $64 million …

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Bigger cranes purchased for larger wind turbine projects in Oklahoma and other states

A Wyoming based transportation firm with regional offices in Enid, Oklahoma announced this week the major purchase of two new large cranes for oilfield and wind turbine projects. Transportation Partners and Logistics, LLC said a Liebherr LR 1300 SX crawler crane was purchased for its largest distribution center in Garden City, Kansas. The second was …

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Black Stone appoints new partnership president

Black Stone Minerals, L.P., the Houston company with 700,000 acres in assets in Oklahoma and 16.5 million nationwide announced this week the appointment of Jeff Wood as President of the Partnership. He will also continue duties as Chief Financial Officer. The company said Thomas L. Carter Jr. will continue as Black Stone Minerals’ Chief Executive …

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Gasoline prices drop in Oklahoma but remain high in rural areas

The price of gasoline dropped slightly in the past week across the U.S. and in Oklahoma. The new statewide average is $2.61 a gallon compared to the national average of $2.86, according to AAA Oklahoma. The state has some of the cheapest gasoline in the country. Nationwide, 44 states have less expensive or steady gas …

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Inhofe defends coal ash enforcement transfer to Oklahoma

While the EPA decision transferring coal ash enforcement to Oklahoma regulators resulted in a lawsuit threat from environmental groups, U.S. Sen. Jim Inhofe is praising the move. He helped author it. Oklahoma is the first state in the nation to be granted the authority by the Environmental Protection Agency and it was Sen. Inhofe who …

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NY Times got it wrong in latest story about Pruitt—–and apologizes

Red faces at the Old Gray Lady.  The New York Times had to make a major correction in a story that attacked EPA Administrator Scott Pruitt and falsely accused him of using his influence to get his daughter into the University of Virginia law school. Then over the weekend, the paper admitted it was wrong …

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Earthquakes and oil drilling didn’t damage historic West Texas swimming pool

Photo: Texas Park And Wildlife  For now, officials at the Texas Parks and Wildlife Department say fracking and an oil boom in southwest Texas had nothing to do with damage to one of the world’s largest spring-fed swimming pools in Balmorhea State Park. It was recently when a section of concrete wall collapsed, leading some …

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New report says Oklahoma’s manufacturing efforts are just average

A 2018 Manufacturing and Logistics Report Card issued by Indiana’s Ball State University gives Oklahoma only average grades. The University’s Center for Business and Economic Research noted Oklahoma experienced a decline in two-year growth in manufacturing value added between 2014 and 2016. The report card gave a “C-minus” to Oklahoma for manufacturing and a “C-plus” …

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Icahn makes one final plea to SandRidge Energy shareholders to oust board

Carl Icahn made one last-ditch plea to SandRidge Energy shareholders on Monday to dump the company’s existing board of directors and vote for his candidates. His plea came one day before the company’s annual meeting is held in Oklahoma City. In a June 18 filing with the U.S. Securities Exchange Commission, Icahn was critical of …

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Sen. Lankford brags about Oklahoma’s economy to U.S. Senate

Oklahoma U.S. Sen. James Lankford recently spent a few minutes on the floor of the Senate boasting about how the economy has grown in Oklahoma, thanks in part he said to tax reform. “Let me just pause and read a couple of headlines and give good news,” said the Senator in his remarks.  Oklahoma revenues …

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