August 15, 2023 archive

Completion reports for August 15, 2023

completions: none were processed today

Permits to drill for August 15, 2023

Logan County GREGORY #1, August 15 2023 02 17N 4W CW2NENW API: 08323895 Lat: 35.98376256820369, Long: -97.59861127674056 SOUTHWESTERN EXPLORATION SH, RC, 6573 ft, LAYTON(4720)

China’s sluggish economy sends oil prices and OK energy stocks downward

Crude oil prices and Oklahoma energy stocks dropped in Tuesday’s trading. Oil fell on word of new data reflecting the sluggish Chinese economy. West Texas Intermediate crude,the U.S. benchmark, fell $1.52 or 1.8% to finish at $80.99 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, dropped $1.32 or 1.5% to …

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Corporation Commissioner says Arkansas Oklahoma Gas did the right thing…other utilities did no

  When Oklahoma Corporation Commissioners voted Tuesday to dismiss a 2021 application by Arkansas Oklahoma Gas Corporation to finance its historic fuel cost debt from the winter storm using securitization and ratepaer-backed bonds, it prompted Commissioner Bob Anthony, in an opinion filing, to state AOG did the right thing in trying to reduce debt before …

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Hot weather’s returning with a vengeance

  It was as though Summer just teased us with an early taste of fall. Because the hot 100s are coming back….and soon. Brace yourself! As State Climatologist Gary McManus wrote this week, it also means rain chances are probably out of the window for now. “But as promised, summer roars back later this week …

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Cole—Bidenomics is bad for the country

  Oklahoma Congressman Tom Cole doesn’t think much of Bidenomics—the political term created by President Biden and Vice President Harris as they hit the campaign trail to pitch what they label as “success” of their economic plan. Rep. Cole, a Republican, blames Bidenomics for this month’s decision by Fitch Ratings to downgrade the U.S. government’s …

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OKC’s bike and pedestrian plan open for comments

  Oklahoma City residents and trail users are invited to give their feedback on proposed updates to the City’s comprehensive bike and pedestrian plan, bikewalkokc. People can visit okc.gov/bikewalkokc to read the 137-page draft plan and submit comments through Sept. 15. The plan was originally adopted in 2018, and the City has built many miles of sidewalks, bike …

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PSO and AEP award $36,000 to 18 FFA chapters in Oklahoma

    Eighteen FFA chapters across Oklahoma will receive a total of more than $36,000 in American Electric Power Foundation FFA STEM AfterSchool Grants this year. The AEP Foundation is the charitable arm of American Electric Power, parent company of Tulsa-based electric provider, Public Service Company of Oklahoma (PSO). Everything from hydroponics to metallurgy to …

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BlackRock still on Oklahoma’s list of banned institutions for its ESG policy

BlackRock, Inc. remains at the top of a list of institutions that remain on a restricted financial company list of doing business with Oklahoma state investments and funds because of its ESG policy. State Treasurer Todd Russ released an updated list of the institutions after his office carried out further analysis of their environmental, social …

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Canoo leaders hopeful despite continued quarterly losses without a manufactured product

  Despite posting losses in the second quarter of 2023 and to date never posting a profitbable quarter, executive leadership of electric vehicle maker Canoo remains optimistic about keeping promises to eventually manufacture products in Oklahoma. During a Monday afternoon conference call, Canoo Chairman and Chief Executive Officer Tony Aquila indicated a major relief was …

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