July 20, 2023 archive

Lithium from brine puts southern Arkansas on the map

  As the Arkansas Business reported recently, southern Arkansas is getting growing attention—thanks to the nation’s lithium boom. Lithium is the mineral needed for mass production of batteries needed to power the electric vehicle fleet so widely promoted by the Biden administration. South Arkansas gets national notice in The Wall Street Journal this morning as the possible epicenter for …

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Thursday saw increased crude oil prices and gains for Oklahoma energy stocks

Crude oil prices recorded gains on Thursday, as did most Oklahoma energy stocks with some seeing 4% boosts for the day. The increase in crude oil prices came about because of lower U.S. crude inventories, plus strong crude imports by China. The August contract for West Texas Intermediate crude expired on Thursday where WTI gained …

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OSU and Northern Oklahoma College picked for national collegiate wind competition

  Oklahoma State University and Northern Oklaoma College are among the 32 college and university teams selected by the U.S. Department of Energy’s 2024 Collegiate Wind Competition (CWC) during the first half of the 2023–2024 school year. The CWC, which first launched in 2014, helps prepare the future wind energy workforce by inviting college students from …

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Devon Energy volunteers help in cleanup of BLM land in Wyoming

  Devon Energy volunteers partnered recently with Buffalo Bureau of Land Management (BLM) and the Wyoming Conservation Corps (WCC) to conserve and restore public lands in Wyoming.    Thirty volunteers visited the former Juniper Draw Cold Bed Methane (CBM) Field to plug groundwater monitoring wells, clean up trash and pieces of flume equipment used for …

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Texas congressman acts to defund John Kerry’s climate office

  Texas Congressman Chip Roy is taking a cue from those who sought and carried out some actual defunding of police forces around the country. But he’s not targeting police. The Republican Representative introduced legislation to defund climate envoy John Kerry’s office at the State Department. And he received the support of 26 other Republicans in …

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Arkansas uses $1 billion grant to launch its Internet access campaign

While Oklahoma narrows the focus of bringing broadband service to the state’s rural areas, Arkansas is doing much the same, with the help of a more than $1 billion grant from the federal government. Glen Howie, the state’s broadband director: “We are going to do our very best to make sure the $1 billion is …

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Broadband tour concluded by Oklahoma officials

  Unlike any tour that a performer would take across Oklahoma, the Oklahoma Broadband Office “Let’s Get Digital: Oklahoma Broadband Tour” has come to an end. In announcing the end of the research tour, the OBO said it is now equipped with valuable on-the-ground information to help build an effective plan to expand access to …

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Dividend declared by ONEOK

  The board of directors of ONEOK, Inc. declared a quarterly dividend of 95.5 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.82 per share. The dividend is payable Aug. 14, 2023, to shareholders of record at the close of business Aug. 1, 2023. In January 2023, ONEOK announced …

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NGL Energy Partners investors await 1Q earnings in Fiscal year 2023

  First-quarter earnings for Tulsa’s NGL Energy Partners LP will be released Wednesday, August 9 as analysts and investors wonder if the company will continue seeing slight economic gains. The release of will be made after the clcosing of markets on that day. It will be followed by an earnings call with NGL’s management team …

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Cole says transportation funding will modernize FAA facilities

Oklahoma Congressman Tom Cole says a $65 billion transportation bill approved a House Committee he chairs is critical to the FAA’s air traffic control academy in Oklahoma. The fiscal year 2024 THUD bill, which refers to Transportation, Housing and Urban Development, won approval in th Appropriations Subcommittee. “Oklahoma has an important relationship with the Federal …

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