April 9, 2019 archive

ConocoPhillips to release 1Q 2019 earnings late in April

ConocoPhillips plans to release its first-quarter 2019 financial and operating results on April 30. The reports will be released prior to the opening of markets on that morning. Management will then hold a conference call at 11 a.m. CDT to discuss the results. The company reported fourth-quarter 2018 earnings of $1.9 billion or $1.61 a …

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Gasoline prices soar due to ethanol shortage caused by March floods

The jump in gasoline prices is being blamed in part on the March floods that trapped barrels of ethanol in Iowa and Nebraska, corn-producing states that contributed heavily to the manufacture of the fuel. The historic floods have dealt a series of blows to large swaths of an ethanol industry that was already struggling with …

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Environmental group opposes Supreme Court Justice’s nomination to be federal judge

The President’s nomination of Oklahoma Supreme Court Justice Patrick Wyrick for a federal judgeship in Oklahoma City is opposed by one environmental group. The head of the League of Conservation Voters sent a letter to U.S. senators this week asking them to oppose Wyrick’s nomination to be a U.S. District judge for the Western District …

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Colorado mining company excited about ‘vanadium’ find in Alabama

Colorado-based Westwater Resources Inc. announced it’s beginning a new drilling and sampling exploration plan to find vanadium resources. The company, headquartered in Centennial said it has five target areas at its Coosa Project in Alabama. Vanadium is considered a medium-hard, ductile steel-blue metal but it is also harder than most metals and steels. It has …

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USDA hands out $485 million in rural electric funding

The USDA announced this week the awarding of $485 million in funding to upgrade rural electric systems and reduce energy costs. None of the funding is going to rural electric systems in Oklahoma. But $72 million is going to the Central Electric Power Cooperative in Missouri. The Cooperative serves 187,000 residential and business consumers across …

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Small Texas college named number one for renewable energy efforts

  The University of Virginia might be number one in college basketball, but the honors for renewable energy efforts go to a school in Texas. A new ranking of U.S. colleges and universities that have shifted to renewable energy resources shows Southwestern Texas University in Georgetown is number one for the most renewable electricity. Southwestern …

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EPA thinks improvements are made at Tar Creek Superfund Site—Environmentalists think otherwise

Environmental groups aren’t as easily convinced as administrators of the EPA are about improvements of Oklahoma’s Tar Creek Superfund Site. Their skepticism comes after the EPA recently announced the removal of the site from the agency’s Administrators Emphasis Lists. The agency indicated Tar Creek had reached “important milestones.” But Rebecca Jim, executive director of the …

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Rep. Lucas says Democrats are out of touch with Main Street America

Oklahoma Congressman Frank Lucas says the Green New Deal is an example of why he believes the nation’s Democratic party is out of touch with Main Street America and the average American. Here’s how he put it in his weekly update to his constituents, “As Congress begins another work week in Washington, D.C., the 116th …

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Senate leader makes appointment to Oklahoma Transportation Commission

Senate President Pro Tempore Greg Treat announced on Monday his appointment of Don Freymiller of Edmond to serve as a commissioner on the state transportation commission. Freymiller is the second of two appointments Pro Tem Treat has made to the transportation commission under a new law that gives the governor the ability to hire the …

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Commissioners take part in National Safe Digging Month

April is National Safe Digging Month, and the Oklahoma Corporation Commission is reminding Oklahomans that any outdoor digging project this spring should start by calling 811 to have underground lines marked. Commission Chairman Todd Hiett says the latest survey shows millions of Americans are risking disruption of utility service and possibly fatal injury. “A poll …

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