October 19, 2024 archive

Crude oil prices fell again Friday and tumbled 7% for the week

  Crude oil prices took another decline on Friday falling about 2% but for the week, they dropped 7%. West Texas Intermediate crude, considered the benchmark in the U.S., fell below $70 a barrel on the New York Mercantile Exchange. It dropped $1.45 or 2.05% per barrel and settled at $69.22. Brent crude, the global …

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Nov. 6 release for Williams 3Q financial results

    Tulsa’s Williams Cos. plans to announce its third-quarter 2024 financial results in less than 3 weeks. The company said it would release the financial report after the market closes on Wednesday, Nov. 6.  Management plan to hold a conference call the next day, Thursday, Nov. 7 at 8:30 a.m. central Time. Despite low …

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OGE crews wrap up rebuilding and recovery efforts in Florida

After a week helping restore power in Florida following the hit by Hurricane Milton, Oklahoma Gas and Electric’s team of more than 100 line crews and support staff left for home over the weekend. Crews were deployed to help with the rebuilding and recovery efforts after Hurricane Milton caused widespread damage and power outages in …

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Need for water in western Kansas leads to court fight

  A move by the city of Hays in western Kansas to buy a ranch in a nearby county so it could pipe water to its residents has gone to court. Hays and another city, Russell, filed suit last week against Edwards County officials for creating zoning regulations that would prevent the flow of water …

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Little change in latest Baker Hughes rig counts

  The latest oil and gas rig count released by Baker Hughes Co. showed a gain in Oklahoma and a decline nationally. Oklahoma’s count increased by one to 42 rigs. It compared to 37 rigs reported one year ago. Nationally, the count fell one rig to 585. The total count saw a gain of one …

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Energy briefs

** An ethanol plant in central Illinois has stopped injecting carbon dioxide (CO2) into the ground after a potential leak was discovered on the property for the second time this year. The problems at the Archer Daniels Midland (ADM) plant raise questions about the safety of about 150 other carbon capture wells proposed across the …

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Google takes advantage of largest solar farm in Texas

  They held a big ribbon-cutting ceremony on Friday in central Texas for what is being called one of the largest solar projects in the U.S. And for Google, it was the firm’s largest solar electricity deal it’s ever made. The site is Buckholts, Texas and the event drew U.S. Energy Secretary Jenier Granholm who …

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