Category: General

$750 million in acquisitions made by Plains All American

  Plains All American Pipeline expanded its holdings in the Permian and Eagle Ford Basins with three bolt-on acquisitions by $750 million in deals. “These transactions further enhance Plains’ crude oil footprint in the Permian, Eagle Ford and Mid-Con at returns consistent with our bolt-on framework and provide incremental return of capital opportunities for our …

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The “certainty” of forecasting snowfall in Oklahoma

  No matter how much money some of the local TV stations invest in their weather departments, even some of the best meteorologists will tell you their forecasts are NOT a sure thing. Just ask Oklahoma Mesonet Climatologist Gary McManus who wrote in his Wednesday Mesonet column that snow is not a guarantee this week …

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Walmart ends drone service with company

    After four years of using DroneUp for drone delivery service, Walmart ended its contract this month. Both companies confirm the contract between the retail giant and the drone delivery company has come to an end and at the same time, Walmart is no longer an investor in DroneUp. Drones were not used at …

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Legislator vows a fight against “green energy” insanity

  One of the legislators who addressed a Stop the Green rally held this week at the state capitol admitted he ran for the legislature because of what he called the “green energy” insanity. Rep. Jim Shaw of Chandler said an industrial wind project proposed near his home and property sparked his desire to enter …

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Group says poll shows majority of Oklahomans oppose utility ROFR

    A recent poll regarding proposed Oklahoma legislation that would increase incumbent utility control over the state’s electric power grid shows that voters continue to show very little support for the concept. Conducted by national polling firm TargetPoint Consulting during the period of December 2-7, 2024, the poll found that a supermajority of voters …

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Improved revenue collections in Oklahoma during December

Oklahoma’s latest gross receipts report highlights a significant improvement in revenue collections for December 2024 compared to the previous month. The report showed a nearly 19% gain in gross production tax revenue on oil and gas operations. While year-over-year numbers are slightly down, the month-over-month growth of 17 percent reflects positive economic momentum heading into …

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Energy briefs

** Although Tesla held the title of most vehicles recalled for 2024, Ford Motor Company was hot on its heels with the number two spot, reported The Manual. In one of its most recent recalls filed with the NHTSA, the Blue Oval added nearly 300,000 more vehicles to that total (which still leaves Tesla roughly half …

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Crude oil made gains on limited supplies from Russia and Iran

  Energy needs around the world, ranging from limited supplies from Russia and Iran and anticipated higher demand from China drove crude oil prices higher on Tuesday. The small amounts of oil coming from Iran and Russia are due in part to U.S. sanctions against the two countries. Here’s what happened. U.S. benchmark West Texas …

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Blackrock to exit Net Zero coalition? If so, what will be impact in Oklahoma?

  Oklahoma officials who targeted BlackRock a few years ago with the creation and adoption of the Oklahoma Energy Discrimination Elimination Act might consider revisiting the 2022 law, also known as House Bill 3034. On the other hand, the creators of the act might also be slapping themselves on the back, taking credit for applying …

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Who could get snow and where? And what’s this Braum’s DEF-CON system?

  Why not have a little fun with the severe weather. It’s what Oklahoma Climatologist Gary McManus does every day in his Mesonet weather updates and his Tuesday report is no different. So what about his Braum’s DEFCON weather rating? “I put the 1 down in far SE OK because the Shreveport NWS Office that …

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