August 2020 archive

Oil futures finish lower as traders assess cut to demand outlook

  As the International Energy Agency applied a deeper cut to its forecast for global crude demand this year, oil futures finished lower. The drop was also felt by Oklahoma-related energy companies and came as two Arab nations eased the risks to supply from the region. West Texas Intermediate crude for September delivery lost 43 …

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Petroleum Alliance—roll back EPA rules…reset no

    As six former administrators of the Environmental Protection Agency called to reset the rolled back rules of the EPA under the Trump administration, the Petroleum Alliance of Oklahoma said otherwise. Especially for one of the rules. The Alliance on Thursday came out with a statement applauding the EPA’s roll back of a duplicative …

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GOP Legislators take credit for Oklahoma bridge improvements—blame Dems for dangerous bridges

The federal government’s labeling of Oklahoma’s bridges as among the top ten safest in the U.S. prompted Republicans in the State House to take credit and at the same time blame Democrats for the previously dangerous bridge conditions that led to a bad reputation for unsafe bridges. State Rep. Avery Frix, R-Muskogee, chair of the …

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Oklahoma bridges go from worst to best—State nabs Top 10 national ranking for good conditions

(Gov. Kevin Stitt and Secretary of Transportation Tim Gatz, left, announced Thursday that Oklahoma has moved into the Top 10 in nationwide good bridge conditions. Oklahoma now ranks ninth in the nation after more than 15 years of targeted efforts to decrease the number of structurally deficient bridges on the state highway system.) There was …

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Oil refiners are turning refineries into biofuel plants in the West

The announcement by Phillips 66 this week that it intends to convert a San Francisco oil refinery into a biofuel plant is the latest in a growing string of companies making similar moves. Bloomberg Green reported it is another sign of a  worldwide energy transition as refineries in the western part of the U.S. are …

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Energy news in brief

** A  Japanese-owned tanker  that ran aground off the coast of Mauritius last month has now split in two, spilling tons more oil into the Indian Ocean. The MV Wakashio struck a coral reef July 25, 12 days before the 4,000 tons of oil aboard started to spill out into the water. ** An oil spill in Venezuela has …

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Mayors want clean energy tax credits extended for their cities

Photo courtesy of Namasté Solar A bipartisan coalition of 64 mayors, representing 25 states across the country—most in the upper Midwest and East, joined with Environment America to call on Congress to take action on clean energy. Specifically, the mayors have sent a letter to Congress urging members to extend solar and wind energy tax credits; expand …

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Singers fail to stop construction of Permian Highway Pipeline

  He might have star power, but the Red Headed Stranger couldn’t stop the Permian Highway Pipeline construction in the hill country around Austin, Texas. The Houston Chronicle reported that pipeline operator Kinder Morgan moved ahead with the controversial pipeline through the region even as musicians Willie Nelson and Paul Simon came out opposing it. …

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Xcel to boost electric car use in Colorado with $100 million plan

  Minneapolis-based Xcel Energy plans to invest $100 million in Colorado with hopes of eventually putting nearly 1.5 million electric vehicles on the roads in the next ten years. The $100 million will be invested in Colorado over the next three years. Xcel Energy is the state’s largest electric utility and announced this week that …

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Eureka Springs invests in solar power

  The popular tourist city of Eureka Springs, Arkansas has signed a deal with Little Rock-based solar energy company Entegrity to build an energy project that could save the city more than $750,000 over 25 years. The project includes LED lighting upgrades for the police and fire stations, public works office, auditorium and wastewater treatment …

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