2022 was a record year for Ovintiv

  A milestone year. A record year. It’s what leaders at Denver-based Ovintiv Inc. described the financial results for the fourth quarter 2022 and all of 2022. All of those STACK wells drilled in Kingfisher and Canadian Counties by Ovintiv in Oklahoma helped add to the success of the company. “2022 was a milestone year …

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Bill against red cedar infestation advances in the legislature.

  The mantle once carried by former Oklahoma City legislator Richard Morrissette in the fight against the state’s infestation of red cedar trees is apparently now the focus of Okeene Rep. Mike Dobrinski. While he was a Representative for south Oklahoma City, Morrissette fought to do something about the pesky trees. His efforts started in …

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Buttigieg says Panasonic battery plant in Kansas is “renaissance” of US manufacturing

  U.S. Transportation Secretary Pete Buttigieg on Monday touted the $4 billion Panasonic battery plant in eastern Kansas, the one Oklahoma attempted to land last year and failed, as another example of “American renaissance” in manufacturing. He spoke during ceremonies at the former Sunflower Army Ammunition Plant in western Johnson County where work is underway …

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Quick reads of more energy stories

** The Department of Transportation Inspector General will investigate Transportation Secretary Pete Buttigieg’s use of government aircraft, a memo shows. DOT Principal Assistant Inspector General for Audits and Evaluations Charles Ward revealed the upcoming investigation in a memo to the assistant secretary for administration, reported Just the News. ** House Oversight Committee lawmakers launched an …

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Interest rate hike worries affect crude oil and energy prices

  While crude oil prices dropped 1% in Monday’s trading, largely because of growing worries about more interest rate hikes from the Federal Reserve, Oklahoma energy stocks split between losses and gains. If the Fed indeed raises interest rates again, it could slow economic growth and oil demand. West Texas Intermediate crude fell 64 cents …

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Energy news group finds a “gotcha” in Biden drilling claim

  A national oil and gas group reacts to a report that President Biden’s claim U.S. producers failed to use 9,000 drilling permits on federal lands, is false. The American Petroleum Institute issued a release about it on Monday: For nearly a year the administration has attempted to redirect scrutiny over its slow walking of …

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Consumers group opposes PSO’s $2.5 billion renewable energy plan

  When Oklahoma Corporation Commissioners meet Tuesday, they will deal with at least two subjects that could prompt some compelling comments and discussion. One involves the $2.47 billion renewable energy plan proposed by Public Service Company of Oklahoma in which it is asking Commission approval of its cost recovery plan. The project involves PSO’s acquisition …

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Rep. Bice gets science and budget committee assignments

  Oklahoma Congresswoman Stephanie Bice says she has been named to four House Committees in the start of the 118h Congress, including a committee with jurisdiction over the Army Corps of Engineers and the Department of Energy. Her Committee assignments include the House Committee on Appropriations, the House Committee on Science, Space and Technology chaired …

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Thousands left without electrical power following night of deadly tornadoes in Oklahoma

  “Before I can even blink, I could hear the wind coming all of a sudden. All the back windows where the kids’ bedrooms are — I could hear them just crashing, bursting out.” It’s a common comment from survivors of tornadoes in Oklahoma. Those were muttered by Frances Tabler of Norman who was interviewed by …

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Electricity production costs rose with fuel costs in 2021

  If you thought your electricity rates have risen dramatically in the past few years, especially residents of Oklahoma hit hard by the 2021 winter storm-driven costs, the federal government agrees. The U.S. Energy Information Administration issued a report this week showing that with adjustment for inflation, costs for major U.S. utilities to produce electricity …

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