January 2025 archive

$500 million in broadband grants last year in Oklahoma

    When it came to expand broadband service to rural areas of Oklahoma, the state’s Broadband Service Office last year handed out $500 million in federal grants. Office executive director Mike Sanders, writing in the Sunday Oklahoman’s Viewpoints, said the grants funded 130 projects in 55 counties. Click here for Sunday Oklahoman  

Nation’s windfarm projects on hold?

    The impact of the President’s executive order halting permits and leases for wind projects? One published report suggests half of the projects under way in the U.S. are likely to be affected. One official, in an interview with HeatMap Plus, made the estimate. Click here for HeatMap Plus

Energy briefs

** The oil industry says Trump’s executive orders lifting drilling restrictions in parts of Alaska are unlikely to spur new oil and gas development because companies are focused on more accessible areas. ** U.S. tech giants criticized Trump’s withdrawal from the Paris Agreement eight years ago, but have remained silent this time around. ** In an announcement that thrilled …

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Crude oil gained pennies after Trump’s call for OPEC to drop prices

  When President Trump repeated his call on Friday for OPEC to lower crude oil prices, the market responded with a very slight increase. He made the call in order to hurt oil-rich Russia and bring an end to its war in Ukraine. For week, oil prices finished down and ended four straight weeks of …

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Oil and gas rig activity increases in Oklahoma

  As Oklahoma saw a gain in the number of oil and gas rigs throughout the state, the nation’s rig count declined in the past week, according to the Baker Hughes rig report released Friday Baker Hughes said Oklahoma’s count increased by one to a total of 44 active rigs, two more than one year …

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New solar plants expected to support most U.S. electric generation growth

  While there appears to be growing opposition to solar farms in Oklahoma, a new government forecast says the nation will likely seen strong growth of the solar projects in the next two years. In a nutshell, it believes there will be strong solar growth, accelerated coal retirements, and a decline in the use of …

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Lithium refinery firm makes offering of shares

  Stardust Power, the company that broke ground recently for a $1.2 billion lithium refinery at Muskogee, announced a public offering for the purchase and sale of up to more than 4.7 million shares of common stock. The Connecticut-based firm, developer of battery-grade lithium products called the pricing of its “reasonable best efforts” public offering …

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Piedmont approved for nearly $23 million in water improvements

  Sen. Kristen Thompson, R-Edmond, congratulated the Piedmont Municipal Authority for securing $22.6 million in funding to update its aging water and wastewater infrastructure to keep up with the city’s rapid growth. Senator Thompson helped facilitate conversations between local leaders and state water officials to find solutions that address the immediate need for water system …

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Muskogee the site of a “Stop the Green” protest

  The recent “Stop the Green” protest rally held at the State Capitol was only one of a growing number of such protests by those opposed to the growth of wind farms and solar projects in the state. One upcoming event is planned in Muskogee entitled “No Industrial Wind/Solar/Lithium in Muskogee County.” Supporters call it …

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ONE Gas to release 4Q earnings with hopes of improvement

  After a dip in third quarter earnings reported in November, ONE Gas, Inc. prepares for the release of fourth quarter and full year 2024 financial results in the coming month. Investors will be wanting to know if the fourth quarter brings stronger results. The release of financial earnings will be made after the market …

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