August 26, 2020 archive

Oklahoma regulators continue with 50% prorationing of natural gas production

  Oklahoma will continue its control of natural gas production for the remainder of 2020 with the same rate it adopted in March of this year. But one regulator wonders if it is the right move as a hurricane hits the Gulf Coast. The Corporation Commission, in a 15-minute meeting on Wednesday voted 2-1 to …

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Tourism leaders defend increased state park parking fees

Leaders of the Oklahoma and Tourism Department stood by their decision to increase parking fees at nearly half of Oklahoma’s state parks this summer. Speaking at an interim study hearing requested by Poteau Republican Rep. Lundy Kiger and held by the House Appropriations and Budget Subcommittee on Natural Resources and Regulatory Services, Jerry Winchester, Executive …

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Biden sides with biofuel farmers in small refinery exemption fight

  Those biofuel exemptions sought by the Wynnewood refinery in Oklahoma, ones that led to a 10th U.S. Circuit Court of Appeals ruling are now political ammunition for Joe Biden in his campaign to unseat President Donald Trump. The Wynnewood refinery lost its efforts to keep the small refinery exemption of ethanol blending requirements from …

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Energy news in brief

** ONEOK, Inc. plans to be a part of the virtual BMO Capital Markets Real Assets Conference on Sept. 2. It took part in the Seaport Global Annual Summer Investor conference held Wednesday. ** Senate Democrats on Aug. 25 unveiled a plan to tackle climate change that calls for the U.S. government to spend more than …

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Farmer’s Almanac predicts “winter of the great divide”

  What’s the Farmers Almanac have to say about the approaching winter?  Based on a “carefully-guarded formula” followed for 204 years, it’s predicting a lot of cold weather and snow in the East and the usual cold weather in Oklahoma, New Mexico and Kansas. Oklahoma will still have some shots of cold weather and storms …

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OU Researcher Receives Part of $28 Million Grant to Increase Geothermal Energy Production in the United States

  Ahmad Ghassemi, the McCasland Chair and professor of petroleum engineering at the Mewbourne College of Earth and Energy at the University of Oklahoma, received $2.5 million of a $28 million grant from the U.S. Department of Energy with an additional $700,000 in matching funds from Coso Operating Company for a study that aims to …

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Cheniere Shuts Sabine Pass LNG Plant Ahead of Hurricane Laura

    U.S. LNG company Cheniere Energy Inc. said it temporarily suspended operations and evacuated personnel at its Sabine Pass LNG export terminal in Louisiana as Hurricane Laura churns toward the plant site. Laura is expected to strengthen into a major Category 3 storm with maximum sustained winds of 115 miles per hour (185 kilometers …

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