April 2024 archive

Crude oil held steady in Thursday’s trading

Crude oil prices remained close to a three-week low after Thursday’s trading after the US resumed sanctions against Venezuela and Iran while tensions seemed to cool a little in the Middle East where Israel still could produce a military response to Iran’s attack. West Texas Intermediate crude, considered the US benchmark rose 4 cents or …

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600 power poles still being replaced from Wyoming wind storm

    Talk about wind….it’s what hit eastern Wyoming earlier in the month and power crews are still busy replacing nearly 600 utility poles that were downed in the storm. Snow fell and 50-mile an hour winds gave it added forcing, downing 590 power miles for the High West Energy Co-Op headquartered in Pine Bluffs. …

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Increased gasoline prices hold steady in Oklahoma

  Gasoline prices are holding at higher amounts this week, reaching an average of $3.22 per gallon across Oklahoma. It’s a penny less than a week ago but 15 cents more than one month ago reports the American Automobile Association. Still, you could live in California where the average is up to $5.45 a gallon. …

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Chesapeake Energy to release 1Q earnings report

  As it prepares for its merger with Southwestern Energy later in the year, Oklahoma City-based Chesapeake Energy Corporation plans a release of its first quarter operational and financial results. They will be made public after the close of markets on Tuesday, April 30. Company leaders plan to take part in a conference call the …

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Controversial solar farm approved near Lawrence, Kansas

    After nine hours of testimony, County Commissioners in Lawrence, Kansas approved a permit to allow construction of a 600-acre solar farm near the city. Farmers and other landowners opposed the Kansas Sky Energy Center, a project financed by Evergy. Environmentalists and others supported the project that, according to Solar Energy Industries Association data, will generate …

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Solar eclipse produced millions in tourism revenue for Oklahoma

    The solar eclipse that attracted visitors to Oklahoma also brought in an estimated $42 million in tourism revenue reported the Oklahoma Tourism and Recreation Department. The figure is based on attendance of nearly 123,000 visitors to seven state parks who came to view the full or partial totality of the eclipse. The Tourism …

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Drummond joins fight with EPA over using race to determine pollution decisions

    Oklahoma Attorney General Gentner Drummond’s latest fight with the EPA focuses on the agency’s consideration of race in regulation of pollution. He is one of 23 attorneys general who signed on with a petition authored by Florida Attorney General Ashley Moody asking the EPA to stop including race as a consideration. Moody pointed …

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Colorado loads another round against Utah crude oil trains

    Colorado legislators made another recent step against crude oil being transported by rail through the state from Utah. The House okayed legislation to limit the length of trains in order to reduce chances of a hazardous spill. It’s the latest volley against the Uinta Basin Railway which has gone to the US Supreme …

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Gulfport Energy schedules 1Q earnings report release

    The first quarter earnings report by Oklahoma City’s Gulfport Energy Corporation will be released in a few weeks. The company scheduled the release on Tuesday, April 30 after the close of markets. Leadership will holding a teleconference and webcast to discuss the results at 9 a.m. Central Time the following day, Wednesday, May …

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Lankford takes on Biden administration’s trade policies and how they hurt Oklahoma farmers

    It’s been a busy week for Oklahoma U.S. Sen. James Lankford in challenging some of the economic policies of the Biden administration. His latest effort was in questioning U.S. Trade Representative Katherine Tai about “The President’s 2024 Trade Policy Agenda.” He pushed Tai on ways the US can prevent unfair trade practices that harm …

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