October 2023 archive

Legislators focus on water concerns in Oklahoma

  As work is underway for the approaching Oklahoma Governor’s Water Conference, Oklahoma legislators were told this week they should do more to develop the underground storage of water in the state. It was the advice of at least one university professor who spoke at an interim study  on underground aquifers. Todd Halihan, a professor and …

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Oilman Harold Hamm to celebrate diabetes research he funds in OKC

  For the first time since 2019, OU Health Harold Hamm Diabetes Center at the University of Oklahoma Health Sciences, will present its Connect + Cure Gala on Wednesday, Nov. 29, at the National Cowboy and Western Heritage Museum. The biennial event was put on hold in 2021, due to the COVID-19 pandemic. Diabetes is …

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NextEra Energy to focus on improvements to existing wind farms

  Even as NextEra Energy took part this week in an Oklahoma legislative committee study of a possible Right of First Refusal law in the state, the company was releasing quarterly returns and stating it plans to repower 740 megawatts of wind operations through 2026. A major player in Oklahoma’s wind industry, NextEra Energy indicated …

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Energy briefs

** Chevron Corp.’s mega deal to acquire Hess Corp has thrown into question the future of Hess Midstream Partners. The terms of the deal so far do not specify whether Chevron will purchase Hess Midstream LP, which transports crude, gas and water in and around North Dakota. ** Hess Corp. will continue selling its toy …

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Report says government incentives lowered EV costs by $49,000

    If it weren’t for government incentives and subsidies, similar to those that helped the wind industry get launched, electric vehicles would cost tens of thousands of dollars moroe than they do. Nearly $49,000 more. So claimed a first-of-its-kind analysis published by think tank Texas Public Policy Foundation. Energy experts Jason Isaac and Brent …

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Senate confirms new FAA Administrator

  President Biden’s nominee to be the new Administrator of the Federal Aviation Administration received an endorsement from Oklahoma Sen. James Lankford as the Senate voted 98-0 for confirmation of Michael Whitaker. “I met personally with Michael Whitaker to discuss the value and importance of the Air Traffic Control Academy in Oklahoma City and to …

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Kansas woman fights eminent domain for renewable energy projects

  A woman known for her skepticism of renewable energy urged a special legislative committee in Kansas this week to give more leverage to property owners who don’t want wind and solar power projects and transmission lines on their land. Virginia Crossland-Macha, leader of Stand for the Land Kanas, spoke to a committee and spent …

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Tulsa picked by Biden Administration to be a “tech hub”

  Tulsa is a “Tech Hub.” So said the Biden White House this week, a declaration that could lead to $75 million in federal funding. The city was one of 31 such Tech Hubs selected by the U.S. Commerce Department’s Economic Development Administration. The chosen hubs are part of a $500 million government investment in …

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Europe’s weak economy pulls down crude oil prices

For a third straight trading session, crude oil prices dropped on Tuesday, largely because of the release of slow economic data from Germany and Britain weighed on the outlook for energy demand. There are increased signs that Europe might slip into recession. Oklahoma energy stocks were down as well. The U.S. benchmark, West Texas Intermediate …

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AG says Meta is “addictive”—files suit

Attorney General Gentner Drummond filed a lawsuit Tuesday against Meta for knowingly designing and deploying harmful features on Instagram, Facebook and its other social media platforms that are addictive to children and teens. Meta also falsely assured the public that its platforms were safe for young users. The lawsuit is one of several filed across …

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