June 11, 2025 archive

Crude oil prices hit highest level in months over evacuation of US embassy in Iraq

    Word that the U.S. was evacuating some of its Iraqi embassy over heightened security concerns in the Middle East sent crude oil prices Wednesday up more than 4%, their highest level in more than two months. Both reached nearly $70 a barrel in trading. Reuters reported surprised traders bought crude futures on reports …

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Oklahoma lakes filled with recent record rains

  While all of the recent record rainfalls across the state are good for filling ponds and lakes and ending much of the drought, it’s not so good for farmers trying to finish their 2025 wheat harvest. Muddy fields are keeping combine operators from doing their jobs. On the other hands, lakes are filled to …

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Trump’s EPA rejects Biden’s power plant rules fought by Oklahoma Senators Lankford and Mullin

  Oklahoma U.S. Sens. James Lankford and Markwayne Mullin finally got their wish in the fight they started a year ago against the Biden administration and its EPA power plant rules that would have required existing coal-burning power plants and future ones burning natural gas to begin capturing their carbon dioxide in the 2030s. Saying …

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Crude oil stocks fell at Cushing Hub and across the US in past week

  A new government report shows crude stocks declined across the U.S. by nearly 4 million barrels in the past week and also took a dip at the Cushing Hub in Oklahoma. The U.S. Energy Information Administration reported the U.S. crude oil supplies fell 3.7 million barrels, from 436.1 million barrels the week of May …

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Oklahoma legislator chaired recent national energy forum

Rep. Ken Luttrell, R-Ponca City, vice chair of the Oklahoma House Energy Committee, recently served as chairman of the 2025 Federal Energy and Environmental Matters Conference, hosted by the Center for Legislative Energy and Environmental Research. The event took place June 5-7 in Washington, D.C. As chairman, Luttrell led discussions on pressing energy and environmental …

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Opponents to proposed Wagoner County solar farm speak out

  As Wagoner County Commissioners prepare to vote next week on a controversial 4,900-acre solar farm near the northeast Oklahoma town of Porter, some residents have responded with their study of claims made by developer NextEra Energy. The more than 30-page report by Concerned Citizens of Wagoner County is described as “a detailed rebuttal to …

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Developers of controversial oil railway want billions in government funding

  After getting a U.S. Supreme Court ruling that overturned a government agency’s rejection of the proposed 88-mile Uinta Railroad designed to carry oil from Utah and across Colorado and into Oklahoma and points beyond, the developers now are asking for $2.4 billion in federal bonds. The funding would go toward the total cost of …

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EPA helps fund new water tower for Seminole

    Under DROGE, the Environmental Protection Agency has experienced some targeting for fraud and misspending, but the agency recently came through with more than $4 million for the construction of a new water tower in Seminole. The EPA Region 6 office recently notified Seminole of the awarding of $4,351,281 in funding requested by Congresswoman …

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Mach Natural Resources relies on experience of leadership

  One thing leaps out when you take a look at the leadership of Mach Natural Resources, an energy firm headquartered in Oklahoma City. The eight leaders share extensive experience with the firm formerly known as Chesapeake Energy, SandRidge Energy and Tapstone. Seven executive officers worked for SandRidge Energy while four others were employed at …

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Energy briefs

** U.S. and Chinese officials said they had agreed on a framework to put their trade truce back on track and remove China’s export restrictions on rare earths while offering little sign of a durable resolution to longstanding trade differences. ** A new lawsuit filed against Subaru and Toyota claims that the two automakers’ jointly developed electric …

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