Wage fight allowed to move ahead in Texas against Chesapeake Energy

Chesapeake Energy finds itself in a continuing lawsuit over wages in a South Texas federal court. U.S. District Judge Royce C. Lamberth in San Antonio is allowing two former Chesapeake workers push ahead with their suit even though they failed to respond to a legal motion by Chesapeake. Chad Burns and David Torres convinced the …

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ONEOK to release 3Q earnings report

ONEOK will release third-quarter 2018 earnings after the market closes on Oct. 30, 2018. ONEOK’s executive management will participate in a conference call the following day at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time) on Oct. 31, 2018. The call also will be carried live on ONEOK’s website.

Trump orders year-round availability of E15 biofuel

Iowa corn farmers get their wish from President Trump. As a result, E15 will be available year-round at gas pumps in Oklahoma and the rest of the country. He has ordered the acting EPA administrator Andrew Wheeler to begin lifting the summertime ban on the sale of E15, the gasoline-biofuel blend. The President carried the …

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Storms result in state of emergency declared for Oklahoma

The flooding of the past several days along with tornadoes that left damage in the central and northeast parts of the state prompted Gov. Mary Fallin on Tuesday to declare a state of emergency in all 77 counties. The storm system has delivered widespread heavy rain and high winds across much of the state since …

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Worldwide demand grows for jet fuel—–especially in Asia

A new report indicates the demand for jet fuel is growing worldwide—thanks to low oil prices, a fast-growing and expanding middle class in Asia and booming freight markets. It’s not just at airports in Oklahoma City, Tulsa and around the Midwest. But there is a potential risk of a greater penetration of sustainable aviation fuels …

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3Q report from Williams at the end of the month

Tulsa’s Williams company plans to announce its third quarter 2018 financial results later in the month. The release will be made after the close of markets on Wednesday, Oct. 31, 2018. An earnings conference call and webcast with analysts and investors will be held the following day, Nov. 1 at 8:30 a.m. Central Time.   …

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State’s latest earthquakes hit Tuesday and Wednesday

  Yup!  Another earthquake in northern Oklahoma. Not one but two more. A 3.1 magnitude earthquake was recorded at 5:24 a.m. on Wednesday. The U.S. Geological Survey put the epicenter near the community of Hibsaw which is about 16 miles northeast of Luther. Its depth was at 3 miles. A 2.9 magnitude quake was recorded …

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AEP closing still another coal plant

American Electric Power, the parent company of Public Service Company of Oklahoma has plans to close yet another of its coal operations. Word came this week that AEP plans to shut down its coal-fired power plant at Conesville,  Ohio by the end of May 2020.  The move comes after devaluation of the plant and previously …

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Environmental concerns prompt state to suspend chicken farm applications

  Growing concerns over water pollution and opposition by residents in eastern Oklahoma prompted Oklahoma Agriculture Secretary Jim Reese this week to suspend applications for any more poultry farms in the state. On Monday, he suspended the department’s acceptance and processing of registration applications.  In the past several months, residents of some communities in the …

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OKC’s Riley Permian is going public

Oklahoma City’s Riley Exploration Permian, Inc. announced it has launched an initial public offering of more than 6.6 million shares of common stock. Riley’s an independent Oklahoma oil and natural gas company whose exploration and developments are in the Permian Basin. The anticipated initial offering price is between $14 and $16 per share for 6,666,667 …

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