January 12, 2024 archive

OGE honors Martin Luther King Junior

  OG&E employees are celebrating the remarkable life and legacy of Dr. Martin Luther King, Jr., with its annual MLK Week of Service.   Dr. King said, “everybody can be great, because anybody can serve.” Public service is a core value at OG&E and one way the electric company lives out this value is by volunteering in …

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Gas prices slip in Oklahoma but remain above $3 a gallon across the U.S.

  Oklahoma average gasoline prices were down heading into the weekend while the national average teased the $3 mark, but AAA says don’t bet on the U.S. average actually ever hitting $3 a gallon. “I wouldn’t bet the farm on the national average reaching $3 a gallon, even if we are tantalizingly close,” said Rylie …

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US oil rig count fell below 500 in the past week

  The nation’s oil rig count slipped below 500 in the past week, according to figures released Friday by Baker Hughes Co. The count fell by 2, leaving 499 rigs actively drilling for oil. Overall, the nation’s oil and gas rig count dropped by 2 to 619, including the decline by one of gas rigs, …

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New EPA methane fee program targets oil and gas industry

  Claiming its plan would have a “marginal” affect on oil and gas production, the EPA on Friday released a proposed new fee on methane emissions from the oil and gas industry—-fees the agency contends will force production companies to move faster to reduce leaks of the greenhouse gas. What does it involve? As much …

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US and British retaliatory attacks in Yemen sent crude prices upward on Friday

The response by U.S. and British warships and planes to the Houthi attacks on tankers in the Red Sea sent crude oil prices rising on Friday. Dozens of air strikes across Yemen were carried out late Thursday after the Houthi forces seemingly had gone untouched with dozens of attacks on ships passing through the sea. …

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Corporation Commissioner warns of natural gas prices this week

In a statement on Friday, Oklahoma Corporation Commissioner Bob Anthony suggested this weekend’s extreme cold weather reminds him of what happened 3 years ago when Oklahoma experienced historic high natural gas prices. He urged consumers to watch for the “price” more than “supply.” A quick timeline of 2021: Citing “increasingly tightening conditions in the Southwest …

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Denver energy firm acquires oil leases in northwest Kansas

  Denver’s Allied Resource Partners, a five year old energy firm, announced a significant expansion of its oil and gas portfolio with the recent acquisition of 23 continuous sections of oil leases in Gove County, Kansas. The county is in the northwestern part of the state and Quinter is its largest city. Allied Resource leadership …

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Correction

  A correction to our recent story that suggested the Southwest Power Pool intended to study the issue of Right of First Refusal. Instead, the SPP in a statement said it does not intend to review the controversial process and is merely evaluating competitive transmission project proposals in response to FERC Order 1000.

OKC energy companies help fund production improvements in Wyoming

  Two major Oklahoma City oil and gas firms, Devon Energy and Continental Resources, are part of a $25 million effort to develop new technologies in getting production from wells difficult to pump out in Wyoming. They are among several energy firms that partnered with the University of Wyoming to research and perhaps develop enhanced …

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National Pothole Day–get in line to report them

    Oklahoma City drivers are being asked to report potholes on this National Pothole Day. All they have to do is report a pothole problem to the OKC Action Center. Reporting potholes in OKC is fast and easy: Log on to okc.gov/action Email action.center@okc.gov Text (405) 252-1053 Call the Action Center at (405) 297-2535 Crews …

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