Energy Employment Losses Boost State’s Jobless Rate

As Oklahoma’s oil and gas industry added more workers to the list of the unemployed in August, it also resulted in a slight increase in the state’s overall unemployment rate, according to the Oklahoma Employment Security Commission. The Commission’s latest report shows the state’s jobless rate stands at 5.1 percent, up 0.1 of a percent …

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The Politics of Oil, Presidential Candidates and Divorce

Under the headline “Clinton and Trump Used as Pawns in $1 Billion Divorce”, Vanity Fair is still writing about the messy divorce between billionaire oilman Harold Hamm and his ex-wife, Sue Ann Arnall. But now it’s exploring how Hamm’s a big Donald Trump supporter and Arnall is a supporter of Hillary Clinton. The magazine contends …

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Hamm’s Divorce Fight Still Before the Courts

Billionaire oilman Harold Hamm’s ex-wife Sue Ann Amall has won a ruling from the State Court of Civil Appeals allowing part of her challenge of their 2014 divorce to move ahead. The court ruled in a fight between the two over the valuation of Jolette Oil LLC and Mineral Acquisitions LLC, firms whose assets were …

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L’Oreal Expanding its Solar Power Projects in Arkansas and Kentucky

Cosmetics maker L’Oreal USA says it’s building thousands of solar panels at its operations in Arkansas and Kentucky. The company calls it a move to help cut carbon emissions and also create two of the largest solar-powered projects in each state. At least 4,000 solar panels will be installed at the L’Oreal operation in North …

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Corporation Commission Hangs Up on Phone Company’s Funding Request

  The Oklahoma Corporation Commission on Tuesday sent a warning to public utilities who have been receiving millions of dollars through the controversial Oklahoma Universal  Fund. Members voted 2-1 to deny the request of the Medicine Park Telephone company for more funds from the program. Commissioners Bob Anthony and Todd Hiett voted to deny the …

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Believe it or Not! California’s Targeting Cow Farts!

The State of California is going after cattle flatulence…..cow farts!  It’s part of a climate change bill signed into law this week by Gov. Jerry Brown. While the bill targets methane gas and soot, it includes provisions requiring dairy farms to reduce methane gas emissions from cattle and manure by 40% by 2030. “When Noah wanted …

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How American Drivers Wasted $2 billion in Premium Gasoline

A new study by AAA and the Automobile Club of Southern California’s Automotive Research Center claims drivers in the U.S. wasted more than $2.1 billion over the last year by using premium-grade gasoline in cars and trucks that are designed to run on regular fuel. The study was prompted after AAA learned 16.5 million drivers …

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Oklahoma Gasoline Prices Continue to Fall, Reaching $2.03 a gallon average

Gasoline prices have dropped back down to a new statewide average of $2.03 a gallon in Oklahoma according to AAA Oklahoma.  That’s 12 cents lower than the $2.15 range reported over the past few months. It’s also 4 cents a gallon cheaper than the price recorded just four weeks ago. Nationally, the average is $2.21 …

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Congress to Investigate Energy Department Intimidation

Some Oklahoma congressmen will be focusing on energy issues as they take part in U.S. House Committee hearings to be held this week. Rep. Markwayne Mullin, a member of both the Subcommittee on Commerce, Manufacturing and Trade and the Subcommittee on Energy and Power will take part in a Thursday joint hearing. It will examine …

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Billionaire Icahn Unloads Millions of Shares in Chesapeake Holdings

Billionaire investor Carl Icahn has dumped nearly half of his holding in Chesapeake Energy, going from 9.4 percent ownership of the Oklahoma City company down to 4.6 percent. He explained in a statement on Monday that it was done for tax purposes. “We believe that over the last few years Doug Lawler and his team …

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