A Washington, D.C.-based conservative group, the American Accountability Foundation, is raising a conflict of interest allegation against the Oklahoma County Judge set to hear Friday arguments in the lawsuit challenging Oklahoma’s anti-ESG Act. The Foundation’s President Thomas Jones released a statement late Thursday saying attorney Collin Walke, who represents the state retiree who filed suit …
July 18, 2024 archive
Weak performance but steady for crude oil prices while OK energy stocks suffered Thursday
The fact that crude oil prices on Thursday managed only weak gains might have prompted the big losses suffered by most Oklahoma energy stocks as some firms saw declines of 11%. Analysts described the national and international oil trading as “steadied” as investors and buyers couldn’t come to solid grips with signals about crude oil …
Air quality concerns lead to Ozone Alert for OKC and Tulsa
An ozone alert has been issued for the Oklahoma City and Tulsa metro areas on Friday. It’s the result of rising concerns by health and environmental officials about the quality of air combined with anticipated higher temperatures. The Oklahoma Department of Environmental Quality warned that concentrations of ozone will likely climb to levels of …
Judge to hear challenges in anti-ESG lawsuit
Legal moves taken by Oklahoma Attorney General Gentner Drummond to defend the state treasurer in a lawsuit attacking the constitutionality of the Oklahoma anti-ESG law go before an Oklahoma County District Judge on Friday—the same judge who suspended enforcement of the Act a few months earlier. District Judge Sheila Stinson, who temporarily halted enforcement …
First rural broadband expansion project to be launched next week in southern Oklahoma
One of the first projects to see the actual turning of dirt for Oklahoma’s broadband expansion program is scheduled to begin in a week in the southern part of the state. The Oklahoma Broadband Office announced it will launch the project with 360 Broadband, a company that will install fibre optics to improve access to …
Democrats in Congress want fast implementation of rules to cut methane emissions
New Mexico U.S. Sen. Martin Heinrich, a Democrat on the Senate Energy and Natural Resources Committee led a push by 40 lawmakers for Transportation Secretary Pete Buttigieg to put the wraps on a strong Gas Pipeline Leak Detection and Repair Rule to reduce methane emissions, especially in the nation’s oil and gas fields. …
AG says what SEC is doing amounts to a ‘power grab’
Oklahoma Attorney General Drummond is pushing back against an illegal power grab by the U.S. Securities and Exchange Commission (SEC) to regulate cryptocurrencies. The SEC’s attempt could result in keeping states from protecting their citizens from scams. In 2023, Americans lost more than $4.6 billion to fake investment scams — more than any other reported …
Oklahoma still one of the cheapest places for gasoline in the country
Despite rising from $3 a gallon average in the past month to $3.14 a gallon for gasoline this week, Oklahoma remains one of the top ten states with the cheapest gasoline prices in the country. AAA reported the new state average is a penny lower than a week ago but 14 cents higher than …
Energy briefs
** An anonymous whistleblower will receive more than $37 million for helping financial regulators investigate misconduct, according to the US Securities and Exchange Commission. Neither the enforcement action nor the identity of the whistleblower were disclosed, following agency policy. ** Several environmental advocacy groups, including the Environmental Integrity Project, Earthjustice and the Sierra Club have …
John Deere is latest to dump ESG and DEI policies
While DEI and ESG policies are in Oklahoma news— the lawsuit challenging the state’s anti-ESG law and how BlackRock has been banned from state business, two more major companies have decided to drop their similar policies. And both are synonymous with Oklahoma farming. John Deere, the farm equipment maker is the latest to announce …
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