February 2024 archive

Nation’s rig count grew while Oklahoma declined

  While the nation saw a gain in the number of oil and gas rigs, Oklahoma’s count slipped by one in the past week, according to the latest rig count released by Baker Hughes Co. on Friday. The national count saw a gain of 4 rigs to reach 623. The number of oil rigs held …

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Tribes fight transmission line for Los Alamos lab

  The National Nuclear Security Administration has run into opposition for an energy transmission line it wants to build in northern New Mexico. It’s coming from native Americans and environmentalists who object to construction across the protected Caja del Rio wilderness. The wilderness, located on the lower end of the Santa Fe National Forest, it …

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Senator says his 30-year old tax credit bill turned Iowa into a wind farm state

  Longtime Iowa U.S. Sen. Chuck Grassley credits a bill he successfully passed in Congress 30 years ago with turning Iowa into a wind energy leader. Writing recently in the Des Moines Register, the Senator credits his Wind Energy Incentives Act with making Iowa one of the nation’s leading states for wind farm development. “There …

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Trench collapse killed worker near Shawnee—OSHA is investigating

  OSHA is probing the trench collapse that left one construction worker dead in Shawnee Feb. 7. Shawnee police say it occurred as pipes were being installed for a new housing development and the walls of the trench collapsed, trapping the worker. Fellow workers were able to eventually free the man but he died at …

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Big gain in crude oil prices following Israel’s rejection of Hamas ceasefire

  Israel’s rejection of a ceasefire offer from Hamas prompted crude oil prices to shoot up more than 3% n Thursday. While crude prices rose, Israel bombed the southern Gazan city of Rafah. US benchmark West Texas Intermediate crude rose $2.36 or 3.2% to close at $76.22 a barrel on the New York Mercantile Exchange. …

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Colder weather and snow to hit the state on Sunday

  “It does look good for snow.” The forecast from Oklahoma Climatologist Gary McManus, who wrote in his Thursday Mesonet update that the National Weather Service says chances of snow on Sunday are 50% to 70%. The Weather Service says accumulations could be two to four inches. Other models say it could be more, maybe …

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Lucas and other Science Committee members say Biden’s LNG freeze is “political and unscientific”

  Put Oklahoma Congressman Frank Lucas in the column of the latest elected officials to question the wisdom of the President’s recent freeze on permits to allow LNG to be shipped overseas. He’s chairman of the House Science, Space and Technology Committee and used his power to join 19 committee members in mailing a letter …

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Gas prices have fallen in Oklahoma but some are still paying $3.50 per gallon in one county

  Gasoline prices might have fallen in most of Oklahoma but AAA reports there are some counties with prices more than $3 a gallon. Coal County in the southeast has the highest average in the state and drivers in many of its cities such as Coalgate, Lehigh, tupelo and Clarita are paying an average of …

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ConocoPhillips reports slight fall in profits in 4Q and full-year earnings

  ConocoPhillips reported fourth-quarter 2023 earnings of $3.0 billion, or $2.52 per share, compared with fourth-quarter 2022 earnings of $3.2 billion, or $2.61 per share. Excluding special items, fourth-quarter 2023 adjusted earnings were $2.9 billion, or $2.40 per share, compared with fourth-quarter 2022 adjusted earnings of $3.4 billion, or $2.71 per share. Special items for …

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Lt. Governor praises Oklahoma’s Career Tech

  February is National Career and Technical Education month and Oklahoma Lt. Governor Matt Pinnell is especially proud of the state’s Career Tech efforts. He says there is nothing he loves to brag on more than the program, pointing out it is one of the best in the country and something he has promoted in …

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