May 25, 2016 archive

Another Pig Poop to Electricity Deal’s Announced

Updating a story we recently told you about concerning electricity from “pig poop,” Duke Energy Corp. in North Carolina has signed another deal to create electricity from the pig waste. Considered the nation’s largest electric company, Duke Energy said the deal is to collect methane gas from the animal waste and convert it into fuel …

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Warren Buffet’s Company Now Owns 15% of Phillips 66

Berkshire Hathaway Inc., the firm founded and owned by Omaha, Nebraska financier Warren Buffet has increased its holdings in Phillips 66, now owning 15 percent of the company. The increase came after the company bought 642,841 shares of the oil refiner over the past several days. Berkshire Hathaway made the disclosure in a filing with …

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Doak Highlights Concern Over Earthquake Insurance Competition, Rate Increases

Commissioner John Doak is increasingly alarmed about competition within the earthquake insurance market as data revealed that four companies hold 55 percent of this market, according to an Oklahoma Insurance Department press release. At a public meeting held on Tuesday, Commissioner Doak heard that insurers collected more than $76 million in earthquake insurance premiums while …

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Communities Battle Energy Companies Over Mangled Roads

It isn’t smooth sailing where the rubber meets the road when driving in northern Oklahoma near the entrance to Lake McMurtry. In fact, there have been quite a number of bumps in the road near Perry along State Highway 86. The same holds true for County Road 58 up in Noble County as well as …

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