Category: General

OGE hands out $60,000 college scholarships to three high school seniors

  Three high school seniors from across Oklahoma and Arkansas just received $60,000 college scholarships from Oklahoma Gas and Electric Energy Corp. Foundation, Inc. The $60,000 scholarship for each will cover tuition, books, fees and on-campus room and board through the 2024 OGE Positive Energy Scholars program. The 2024 OGE Positive Energy Scholars are Nadia …

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Energy briefs

** Authorities have recovered the body of a fifth victim in the Baltimore bridge collapse five weeks ago, officials said Wednesday. The victim has been identified as Miguel Angel Luna Gonzalez, of Glen Burnie, Maryland, according to the Unified Command, a joint task force composed of police, coast guard and other government agencies to respond to the …

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Market manipulation in Texas during Winter Storm Uri? Sound familiar?

  In a Texas courtroom, a case is being layed out to verify allegations that a natural gas pipeline company waged market manipulation during the 2021 Winter Storm Uri—the same kind of claims that Oklahoma Attorney General Gentner Drummond made in recent lawsuits against two companies. The case in Texas involves CPS Energy, the nation’s …

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Southwest Oklahoma “looping” tornado puzzled weather experts

  The large tornado reported Tuesday evening in southwest Oklahoma caught more than the usual attention. Weather experts say it not only was an immense tornado, but it actually reversed course in Tillman County. It spun in the “wrong” direction,” said the meteorologists and became what they call a “looping” tornado near the city of …

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Surprise surprise—a jump in crude stocks at Cushing and the US

  Not only did a surprise increase in US crude stocks send crude oil prices tumbling on Wednesday, it was more of a surge in stocks. The U.S. Energy Information Admininstration reported stocks rose by more than 7 million barrels while the Cushing oil hub also saw a gain. Nationally, crude stocks soared from 453.6 …

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Crude plunged 3% in Wednesday’s trading and took Oklahoma energy stocks with it

Not only did crude oil prices plunge nearly 3% to a seven-week low on Wednesday, it took Oklahoma energy stocks on a downward spiral too. Oil fell on an unexpected build in US crude stocks along with the Fed decision not to cut near-term interest rates which could have increased oil demand. West Texas Intermediate …

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Western Oklahoma visited by more tornadoes

  Oklahoma was plagued by more tornadoes Tuesday evening, just days after nearly 25 tornadoes ravaged the state and left four people dead and the cities of Marietta and Sulphur with severe damage and destruction. The western city of Cordell was struck by one of the Tuesday tornadoes, but no one was injured. It was …

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Landowners ROFR bill signed into law in Oklahoma

The Landowner’s Bill of Rights of what some have labeled as a Right of First Refusal bill is now law in Oklahoma. Gov. Kevin Stitt signed HB 3159 into law, thereby giving landowners the right of first refusal if the land is ever sold by the state or anyone who received the land through the …

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Oklahoma Governor Stitt fights Air Force to put Air Guard units in the Space Force

  Put Oklahoma Gov. Kevin Stitt among most of the nation’s governors fighting a plan by the Air Force to transfer Air National Guard units with space missions into the active-duty Space Force, a move that would effectively remove state authority over those units. He and governors of 47 other states as well as five U.S. territories are …

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Weak natural gas market resulted in missed profits for Chesapeake Energy

  After announcing a planned merger with Southwestern Energy in January, Oklahoma City’s Chesapeake Energy reported first quarter earnings results with lower net income but increased net cash from operating activities. It also confirmed it continues with a reduction in some drilling efforts and because of a weak natural gas market, is expanding efforts to …

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