Category: General

Took 2 years but Rep. Lucas sees national security energy issue resolved

  Nearly two years after Oklahoma Congressman Frank Lucas and others on a House Committee complained how a proposed Biden administration regulation to outsource emissions requirements to a controversial foreign entity could create national security issues, the regulation was killed this week by President Donald Trump. It was in March 2023 when Rep. Lucas, as …

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ONEOK’s 4Q earnings to be released in February

  After reaching $693 million in net income in the third quarter of 2024, ONEOK plans to release the fourth quarter earnings report in February. The release will be made after the close of the market on Feb 24, 2025. It will be followed the next day with a conference call at 10 a.m. central …

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Hours and hours below freezing in Oklahoma

  Take a gander at the map showing consecutive hours of below freezing temperatures in the state. Oklahoma Climatologist Gary McManus pointed out in his morning update that Slapout, the small community in the Panhandle leads the way with 106 consecutive hours. “Above freezing approacheth, and we’re already an astounding (ASTOUNDING I say!) 44 degrees warmer …

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Halliburton had stronger 4Q earnings but flat for all of 2024

    Halliburton Company announced improved net income of $615 million, or $0.70 per diluted share, for the fourth quarter of 2024. This compares to net income for the third quarter of 2024 of $571 million, or $0.65 per diluted share. Adjusted net income in the third quarter of 2024, excluding impairments and other charges …

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Energy briefs

** A deep freeze is straining power supplies across the eastern US, sending demand on the country’s largest electric grid to an all-time winter high as the South digs out from one of the worst snow storms in 130 years. **  Extreme cold temperatures are disrupting oil and gas production in North Dakota, and it could take …

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Climate protesters greeted New Mexico legislators

  New Mexico state legislators were greeted this week on their opening day of the legislative session with climate justice protesters. They blockaded a street in front of the Roundhouse and demanded lawmakers take immediate climate  action. They also called for protection for stolen, sacred lands and of their futures. Click here for Source New …

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Hydrogen-powered nanogrid unveiled in New Mexico

      The Army has unveiled a self-sufficient hydrogen power grid at the White Sands Missile Range in New Mexico. It’s considered a pioneering move to sustainable energy by the Army’s Engineer Research and Development Center. The nanogrid at WSMR utilizes renewable hydrogen fuel, replacing conventional diesel generators that are often bulky and noisy, …

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Government forecasts lower gasoline prices in 2025

  The same week that gasoline prices shot up 13 cents on average in Oklahoma,(see OK Energy Today) the government came out with a report predicting lower prices in 2025 and 2026. The prediction, from the U.S. Energy Information Administration, expects lower gasoline prices because of anticipated lower crude oil prices. Data source: U.S. Energy Information …

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ONEGAS approves increased dividend

  The board of directors of ONE Gas, Inc. on Tuesday increased the dividend for the first quarter 2025 by 1 cent per share to 67 cents per share, resulting in an annualized dividend of $2.68 per share. The dividend is payable March 7, 2025, to shareholders of record at the close of business Feb. …

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Gasoline prices jump 16 cents in Oklahoma

  Gasoline prices are up from a week ago as crude oil prices hovered around $80 a barrel. Oklahoma saw a 13-cent jump in the past week moving from $2.58 a gallon last week to $2.71 this week, according to AAA. However,  GasBuddy also found gasoline pumped at $2.34 a gallon in Ardmore and $2.37 …

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