Senators James Lankford (R-OK), Markwayne Mullin (R-OK), and every member of the Senate supported passage Thursday of Lankford and Mullin’s Senate resolution to honor the life, legacy, and memory of Oklahoma Senator Jim Inhofe, after his death on July 9. The Senators were joined by their colleagues to honor Inhofe, Oklahoma’s longest-serving US Senator, and his long …
July 11, 2024 archive
Crude prices recorded gains on increased hopes for interest rate cuts
When crude oil prices registered a second straight day of gains, Oklahoma energy stocks also recorded a big day with one firm shooting up 9%. What might have sparked it was increased optimism for U.S. interest rate cuts because of a surprised slowdown in inflation.For the first time in a while, Brent crude actually settled …
Wyoming Governor targets billionaire Bloomberg with emergency order
The attempt by billionaire Michael Bloomberg and his Wyoming Outdoor Council to outbid oil and gas companies during a state-led oil and gas lease auction prompted Wyoming Gov. Mark Gordon to prevent environmental activist groups from driving up bids and keeping the land out of the hands of oil and gas firms. Gov. Gordon signed …
Still dry areas of Oklahoma despite recent heavy rains
Despite recent rains across Oklahoma, some areas of the state are considered to be in a severe drought. The latest U.S. Drought Monitor showed nearly 4% of the state is in the “severe” category, while Oklahoma has no areas that fall under the two driest and worst drought listings—that of Extreme Drought and Exceptional …
New director named at OSU Hamm Institute for American Energy
Oklahoma State University announced the appointment of Dr. Ann Bluntzer as the Executive Director of the Hamm Institute for American Energythis week. Bluntzer previously was the executive director of the Ralph Lowe Energy Institute within the Neeley School of Business at Texas Christian University. Hamm Institute founder Harold Hamm called Bluntzer an extraordinarily talented …
Canoo wins “best of the best” international design award
Leaders of Oklahoma City’s EV company, Canoo Inc. will head to Singapore in October to receive an international design award. The EV maker received what are known as Red Dot Design Awards, including the coveted “Best of the Best” award, which is awarded to pioneering designs, in the Red Dot: Design Concept 2024 for …
Biden shows his love of converting nation to EVs—hands out $1.7 billion
President Biden on Thursday shelled out more money for his love of electric vehicles, announcing nearly $2 billion in grants to GM, Fiat Chrysler in an aim to restart or expand their EV manufacturing. The money also has a political intent—it’s going to EV plants in eight states considered presidential battlegrounds where Biden has …
Mustang legislator named to Governor’s Workforce Council
Rep. Brian Hill, R-Mustang, has been appointed by House Speaker Charles McCall, R-Atoka, to the Governor’s Council for Workforce and Economic Development. The Council facilitates statewide efforts to improve Oklahomans’ exposure to high-demand career opportunities, as well as works with industry leaders to ensure education and training opportunities deliver the skills needed by employers. “Right …
Red-faced Colorado Congresswoman over court ruling?
Colorado Congresswoman Lauren Boebert had the tables turned on her this week as she pressed EPA Administrator Michael Regan during a House Committee hearing. Her questioning of Regan displayed her lack of understanding of the recent U.S.Supreme Court ruling that overturned the so-called Chevron decision. It also allowed Regan and a New York Democratic …
Energy briefs
** The Biden administration announces $1.7 billion to retool or expand 11 auto plants in eight states for electric vehicle manufacturing, including $500 million for General Motors to convert a Michigan assembly plant. ** Tesla’s share of the U.S. electric car market falls to less than 50% in the second quarter as the popularity of General Motors, …
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