April 2024 archive

Oklahoma wildfires darken 7,000 acres over the weekend–two firefighters hurt

(courtesy of Fox 25 News)   Two firefighters are recovering after being injured while fighting one of the wildfires that burned thousands of acres in northwest Oklahoma over the weekend. More than 7,000 acres of land were burned in all of the fires that occurred in the northwest and eastern parts of the state. Aided …

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Democrats in Congress want finalized oil and gas leasing rule

  Democrats in congress are urging the President to wrap up his administration’s proposed Onshore Oil and Gas Leasing Rule by the end of the month. In a letter sent last week, they remained critical of the existing oil and gas leasing program, contending it “shortchanges the American public,” and locks up thousands of acres of …

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Transportation Secretary endorses high speed rail project in Texas

  The proposed high-speed train between Dallas and Houston gets the support of the Biden Administration’s Transportation Secretary Pete Buttigieg. He says the project has “enormous potential” and he’s excited about it. What makes it exciting for him? The way the cities are laid out in Texas, creating a “Texas Triangle” featuring Houston, San Antonio, …

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Energy quick reads

** Apple lays off more than 600 employees in California after canceling its electric vehicle development project. ** In a move signaling a shift toward a greener energy landscape, the Biden administration is considering expediting the retirement of coal-fired power plants across the United States. This development comes as part of the administration’s strategy to reduce pollution from …

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Gulfport Energy sets annual meeting date

  Gulfport Energy is preparing for its annual shareholders meeting scheduled for May 22 in Oklahoma City. The meeting will begin at 9 a.m. at 713 Market Drive, Gulfport’s headquarters, as shareholders are asked to elect seven directors, ratify the appointment of Grant Thornton LLP as the firm’s independent auditors and approve executive compensation. A …

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Corporation Commission race draws five candidates

  Former State Senate President Brian Bingman has some company in his attempt to win election to the Oklahoma Corporation Commission and succeed Commissioner Bob Anthony who is term-limited. He previously was the only announced candidate and already had endorsements from Gov. Kevin Stitt and Lt. Gov. Matt Pinnell. By Friday’s end of the 3-day …

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Crude oil prices made more gains on Friday to settle at $91 a barrel

Crude oil prices finished the week with a more than $1 a barrel gain as investors wondered whether the fighting in Gaza and unrest throughout the Middle East might result in tighter supplies. World prices reached $91. Global benchmark Brent crude finished up 51 cents or 0.57% at $91.17 a barrel on  ICE Futures Europe. …

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Oil and gas rig count holds steady in Oklahoma

  Oklahoma’s oil and gas rig count held steady over the past week while the nationwide numbers declined by one, leaving 620 active drilling rigs across the U.S. reported Baker Hughes Co. on Friday. Oklahoma’s count totaled 44 rigs, same as a week ago but 14 lower than one year ago. Nationally, the count included …

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Energy quick reads

** One of the strongest windstorms in Colorado in years left thousands of homes in metro Denver without power this weekend, and it could take through Monday to get electricity fully restored. Denver saw winds averaging 60 to 70 mph on Saturday. At one point, the foothills reported wind gusts of more than 100 mph. Hundreds of flights …

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Judge dismisses protester’s lawsuit 8 years after Dakota Access pipeline protests

  A protester who sued after she was hurt in the explosion of a “flash bang” device used by police in the protests of the Dakota Access oil pipeline 8 years ago had her suit thrown out of federal court by a North Dakota judge. Sophia Wilansky, whose left forearm was injured in the blast …

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