Treasurer featured in Wall Street Journal over shift of political activism

The same week we reported on the status of a lawsuit before the Oklahoma Supreme Court regarding the state’s Energy Discrimination Elimination Act, Treasurer Todd Russ was featured by the Wall Street Journal for his role in changing ESG practices of banks and investment firms. The WSJ article focused on how major U.S. banks are …

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Space Industry Development board to meet this week

    Members of the Oklahoma Space Industry Development Authority will meet Friday to discuss more about the state’s efforts to develop the industry. The meeting will be at 1:30 p.m. in the Commission Room of the Oklahoma Department of Transportation headquarters, 200 NE 21 Street. Below is the agenda. AGENDA ITEMS TO BE PRESENTED …

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Sweating your monthly electric bill? You’re not alone

    We’ve reported time and time again how rising electric rates aren’t just faced by Oklahomans, but millions of Americans. Just as Oklahoma consumers have complained about rate hike requests constantly being made by Oklahoma Gas and Electric, Public Service Company of Oklahoma and other utilities, so too are ratepayers of utilities in other …

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Energy briefs

** Constellation Energy plans to restart Unit 1 of the former Three Mile Island nuclear power plant as the Crane Clean Energy Center. In a $16 billion deal between owner Constellation Energy and Microsoft to power the tech giant’s AI data centers, Three Mile Island is set to return to service as the Crane Clean …

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Large draw on crude supplies sent prices higher on Wednesday

    Crude oil prices made slight gains on Wednesday but it wasn’t due to any cautious stances over the Iran-Israel ceasefire and the fighting that has gone on in the Middle East in the past week. It was the larger-than-expected draw in U.S. crude stocks, a sign of firm demand and the summer driving …

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Cheniere to expand LNG exports in $3 billion project

  Cheniere Energy announced a nearly $3 billion expansion project to increase its handling and exporting of liquefied natural gas, creating the LNG out of the natural gas it receives from Oklahoma and various other sources. The Texas company said the $2.9 billion expansion will increase production by 3 million metric tons a year. Some …

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Crude oil in storage drops again at Cushing Hub and across the U.S.

    Both the U.S. and the Cushing Hub in Oklahoma continued with declines in crude oil storage totals. The Cushing Hub fell 500,000 barrels as of the last reporting period that ended June 20 when its total dropped to 22.2 million barrels. It previously had been 22.7 million barrels as of June 13 and …

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Retiree’s death doesn’t stop legal challenge of Oklahoma’s anti-ESG law

  The former Oklahoma state employee who challenged Oklahoma’s Energy Discrimination Elimination Act in a 2023 lawsuit and won a judge’s ruling which resulted in an Attorney General’s appeal still in the hands of the state supreme court died recently. But the death won’t delay the Supreme Court’s consideration of an appeal by the Attorney …

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Banker says it’s time to reverse some of the targets of Oklahoma’s anti-ESG law

  Bartlesville banker Trevor Dorsey says it’s time Oklahoma followed Texas’ lead in removing BlackRock Investment from being blacklisted through use of a challenged anti-ESG law. In an opinion piece, Dorsey, who is not only a Senior Vice President at Prosperity Bank but also Vice-Mayor of Bartlesville, said the implementation of Oklahoma’s Energy Discrimination Elimination …

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Increased July 4th holiday travel predicted in Oklahoma

From sea to shining sea―and from the Panhandle to Broken Bow―AAA is projecting strong travel volume for the upcoming Independence Day holiday.  Nearly 643,000 Oklahomans among 72.2 million Americans are expected to travel for the approaching Independence Day holiday. “Travelers are gearing up for a busy Fourth of July travel period across the Sooner State,” …

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