October 3, 2023 archive

Crude oil prices make small gains while OK energy stocks had a weak recovery

Crude oil prices and Oklahoma energy stocks recorded weak gains in Tuesday’s trading that left U.S. oil prices still just less than $90 a barrel. Both US and overseas crude oil prices rose slightly higher but still felt the pressure from a stronger U.S. dollar and what Reuters described as “darkening global economic signals.” U.S. …

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Oil and gas operations in New Mexico to face environmental crackdown by state

  Drillers and oil and gas operators in New Mexico will be targeted in the next six months by the State Environment Department in a crackdown on compliance assurance activities. The NMED promised in a release this week that it will “significantly increase” compliance activities in the Permian and San Juan Basins. The state plans …

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Oklahoma House study to focus on workforce development

  Two Oklahoma legislators want to examine workforce development in the state, especially taking a look at students with a disability and vocational rehabilitation in rural and urban schools. Reps. Ellyn Hefner of Oklahoma City and Jared Deck of Norman, both Democrats, plan to do so at an interim study Wednesday before the House Common …

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ERCOT seeks bids to prevent another winter storm power failure

  Texas doesn’t want to continue to be haunted by the 2021 Winter Storm Uri and what it did to the state. This week, ERCOT, the Electric Reliability Council of Texas reached out seeking bids from power producers to make sure the kind of power failures experienced two years ago don’t happen again. ERCOT hopes …

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Fall’s here for Friday night football!

  Oklahoma Climatologit Gary McManus says we should get a taste of fall this weekend…..or at least on Friday when night time temperatures enter the 30s and 40s in various parts of the state. That’s right, the 30s in the Panhandle. “Better celebrate today, FALL summer fans, because the FALL fall is about to hit the …

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Gov. Polis launches pitch for eastern Colorado passenger rail service

  Colorado Gov. Jared Polis is hoping to land a trainload of money from federal taxpayers as he pushes for development of a passenger rail line from Pueblow to Fort Collins. “I’ve got to kick this thing into high gear,” he proclaimed at a recent publicity tour aboard a battery-and-hydrogen-powered train car at a federally …

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Latest Kansas wind farm features light-reduction system

  A wind farm featuring a new aircraft detection nightime lighting system has gone online in central Kansas. The system is one of the first in the state and was installed to reduce night-time light pollution for residents i n Marion County. The Sunflower Wind farm, a 200 MW operation by Orsted, is located in …

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Renewable energy construction costs fall across the U.S.

A report issued by the U.S. Energy Information Administration shows average construction costs for solar, wind and natural gas-fired electricity generators fell in the past few years. The drop was reported in 2021 compared to 2020 according to the EIA’s recently released data. Average construction costs fell by 18% from 2020 for natural gas-fired generators, by …

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Earnings report to be released by OGE Energy Corp.

  Third quarter earnings will be reported in early November by OGE Energy Corp. The firm announced it will hold its quarterly conference call to discuss the results at 8 a.m. Central Time on Thursday, Nov 2, 2023. This call is being webcast by Notified and can be accessed at OGE Energy’s website at www.oge.com. OGE Energy Corp. is …

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Car purchase tax targeted by lawmaker

Rep. Justin Humphrey, R-Lane, has filed a bill for the upcoming special session that would remove the 1.25% sales tax on motor vehicle purchases. The move would leave in place the 3.25% excise tax paid on such purchases. “We’ve effectively been double taxing Oklahomans who buy a motor vehicle,” Humphrey said. “With the governor’s special …

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