March 20, 2019 archive

Regulators to consider Universal Service funding for 3 projects

The Oklahoma Corporation Commission will hold a regular meeting on Thursday to consider at least three proposed orders. One is the application of ATT Corp for funding from the Oklahoma Universal Service Fund for the Altus Public schools. The final order is to approve the funding per Cause No. PUD 201400343. Cause No. PUD 201500205 …

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Cold enough this year to stop wind turbines in North Dakota

When temperatures plunged to nearly zero in Oklahoma in the past several weeks, it was much colder in the upper Midwest. So cold, it stopped wind farm operations in North Dakota. Here’s how the Bismarck Tribune reported the story.  On any given day, the blades of 100 wind turbines that wrap around the central North …

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Lack of car-charging stations impacts electric car sales

Think you want to buy an electric car? The lack of EV chargers might make you reconsider, especially out here in what the east and west coast people call “flyover country.” Consider the article from EcoWatch. By Jeremy Deaton A driver planning to make the trek from Denver to Salt Lake City can look forward to …

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Ohio considers 46-cent-a-gallon gasoline tax

If Ohio Gov. Mike DeWine gets his wish, gasoline taxes in his state will be bumped up 18 cents a gallon to 46 cents a gallon, all in the name of raising more than $1 billion a year to fix potholes and deteriorating bridges. His proposed increase would be only a few pennies short of …

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Houston petrochemical tank fire extinguished

The massive petrochemical fire near Houston had burned itself out as of Wednesday morning as investigators tried to determine what caused the blaze that burned for more than 3 days. No one was injured in the damaging fire before it was finally extinguished. One report indicated a worker at the Intercontinental Terminals Co. at Deer …

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Traffic and road headaches get attention of Colorado legislators

With a $9 billion transportation project backlog, Colorado legislators are talking of doing one thing to pay for it—-raising money.  And they are in the midst of debating how to do it. The legislature will begin serious efforts next week to consider the challenge as it unveils a nearly $32 billion state budget. “Coloradans are …

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Rep. Lucas says Green New Deal is a “bad deal”

Oklahoma Congressman Frank Lucas is among those who contends the Green New Deal pushed by Democrats is really a “bad deal” for American consumers. He says Congress should hold immediate hearings into the plan to determine what is actually in the plan and how it will affect the country. “The vague document we’re trying to …

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Chesapeake fills nearly 60% of Senior Notes offered

      Chesapeake Energy Corporation in Oklahoma City says its private offers to exchange new 8% Senior Notes due 2026 resulted in $883.5 million in offerings. The company said it totaled 59.7% of existing notes as of 5 p.m. New York City time on March 18, 2019. The following table sets forth the approximate …

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Water Lobby Day set for next week at state capitol

  Former Oklahoma Attorney General Drew Edmondson will be one of the speakers when an Oklahoma Water Lobby Day is held next week at the State Capitol. He will be among those taking part in the March 27 event. Others include Delaware County community organizer Pam Kingfisher and Ponca Tribe Councilwoman Casey Camp-Horinek. Edmondson, a …

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Chaparral Energy saw big jump in trading on stock exchange

Oklahoma City’s Chaparral Energy Inc. saw shares jump 26 percent in trading on Tuesday. In higher than average trading, the oil and gas company saw stock prices add $1.16 and closed the day at $5.62 per share. It turned out to be the largest percentage gainer on the New York Stock Exchange for the day. …

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