November 14, 2023 archive

Sen. Mullin nearly brawled with Teamsters President on Capitol Hill

  Oklahoma U.S. Sen. Markwayne Mullin nearly came to blows Tuesday with union leader Sean O’Brien during a Tuesday Senate hearing and at one point stood up preparing for a fight. The Republican Senator, who is a former mixed martial arts fighter, issued the challenge to O’Brien who is the General President of the International …

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Crude oil remained steady while Oklahoma energy stocks recorded gains

While crude oil prices were mostly unchanged in Tuesday’s trading, it also proved to be something of a strong day in trading for Oklahoma energy stocks. One firm, Empire Petroleum, saw a 22% gain for the day. Analysts suggest the steady outcome in crude oil prices was perhaps due to an easing about the fighting …

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Whoops! Glitch prevents meeting of Space Authority

  A technical glitch is being blamed for the cancellation of the Nov. 15 special meeting of the Oklahoma Space Industry Development Authority. That’s what the Authority stated Tuesday in announcing the need to reschedule and comply with the Oklahoma Open Meeting Act. The notice said it was working to reschedule and post accordingly. Notification …

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Crude oil and natural production expected to drop in Anadarko Basin

  A new report shows new daily oil well production is expected to decline in the nation’s major oil plays in December, including the Andarko, Bakken, and Eagle Ford but increase slightly in the Permian Basin and the Niobrara. The Anadarko Basin, which includes Oklahoma is expected to see a gain in the average daily …

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Supporters of oil train across Colorado face another setback

  The Biden administration won’t support backers of a plan to ship Utah oil across Colorado and eventually to the Cushing Hub in northern Oklahoma. Supporters of the proposed Utah oil train project had asked for an immediate reharing of the case after the U.S. Court of Appeals for the D.C. Circuit overturned approval of …

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Rep. Lucas at odds with Attorney General Garland

  Oklahoma Congressman Frank Lucas has a bone to pick with U.S. Attorney General Merrick Garland. It has to do with the Justice Department’s recent decision allowing what Rep. Lucas calls an “exceptionally low settlement amount” to Standford University for violating the False Claims Act regarding a failure to disclose foreign sources of support for …

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Another broadband board to meet Wednesday

  Another group focused on spending the $374 million in rural broadband expansion in Oklahoma will meet Wednesday. The Oklahoma Broadband Expansion Council will meet at the State Capitol to get a status report from the Oklahoma Broadband Office regarding its effort to winnow down the number of applicants eligible for funding. Oklahoma expects to …

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Oklahoma regulators to deal with AG’s request next week

  Oklahoma Corporation Commissioners won’t take up until next week the request by Attorney General Gentner Drummond to re-do their recent rate hike approval for Public Service Company. Commissioners Todd Hiett, Bob Anthony and Kim David are attending the annual meeting and education conference of NARUC, the National Association of Regulatory Utility Commissioners. The meeting …

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Latest US climate assessment predicts drier conditions for Oklahoma

  The new National Climate Assessment released this week by the Biden Administration not only lays out likely climate change impacts by region, but also says Oklahoma can expect drier conditions in the coming years. “Climate change is here,” said Arati Prabhakar, director of the White House Office of Science and Technology Policy in the …

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Texas AG says Wall Street should stay out of politics

  Weeks after his acquittal in an impeachment trial, Texas Attorney General Ken Paxton turned his attention in defense of a state law similar to one in Oklahoma—the targeting of banks who limit their financing of the oil and gas industry Paxton said this week that Wall Street should stay out of the political sphere, …

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