Sunny skies, warmer weather this week

  Like that sunshine? It promises to be a sunny and yes, warm week across much of Oklahoma with some temperatures reaching 65 degrees or more. Oklahoma Climatologist Gary McManus says enjoy it while you can….because….yes, there’s always a “because.” “We should see a mild cold front for the weekend with an increased chance of rain.” …

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Gasoline prices on the increase again

    Heading into the past weekend, Oklahoma gasoline prices had risen six cents from the previous week to an average of $2.66 a gallon according to AAA Oklahoma. Oklahoma City prices were up nearly a dime from a prior week. The national average had risen a penny to $3.10 per gallon and the increase …

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AEP layoffs confirmed in 11 states

    AEP, the parent company of Public Service Company of Oklahoma recently laid off 270 workers in an 11-state region. It’s not believed many might have been let go in Oklahoma, according to the Oklahoma Office of Workforce Development. WCMH TV news in Ohio reported the majority of the laoffs were in the utility …

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Energy quick reads

** California’s rooftop solar industry is rapidly shedding jobs and losing companies to bankruptcy due to policy changes. The California Solar and Storage Association has suggested some near-term policy changes to slow the bleeding. ** A wide range of Republicans, including former Energy Secretary Rick Perry, excoriated President Biden for his decision to pause proposed liquefied natural …

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Summit wants higher rates in Arkansas

  Arkansas natural gas supplier Summit Utilities is asking state regulators to approve a rate hike of about 30% for its s40,000 customers in Arkansas. If approved by the Arkansas Public Service Commission, the increase would boost an average customer’s bill by $18.48 a month. Small commercial customers would see their monthly bill going up …

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GOP Senators blame “radical climate lobby” for White House decision to delay NGL projects

  Many of the nation’s Republican U.S. Senators, including Oklahoma’s James Lankford aren’t happy about the President’s decision announced last week to delay permits for 17 major natural gas projects,including creation of the largest LNG port in Louisiana. They fired off a letter blasting the administration for what it did. The Senators charged the delay …

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Alliance Resources dividend announced

  Tulsa-based coal mining company, Alliance Resource Partners, L.P. announced a cash distribution to its unitholders. The Board of Directors okayed the 70 cent dividend for the quarter ended December 31, 2023. ARLP unitholders of record as of the close of trading on February 7, 2024 will receive a cash distribution for the 2023 Quarter …

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NGL increases sale of available notes

  Tulsa’s NGL Energy Partners LP announced an increase in its offer of more than $2 billion in senior secured notes. The company explained that  through its wholly owned subsidiaries NGL Energy Operating LLC and NGL Energy Finance Corp., it was upsizing the offer of their senior secured notes offering from $2.1 billion to $2.2 …

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Environmental group develops plan to save millions of acres of native grassland

  The environmental group, The Nature Conservancy, is into a year old $42 million program to preserve and restore nearly 30 million acres of grasslands in parts of Oklahoma, southwest Kansas and three other states, Texas, New Mexico and Colorado. It’s called the Southern High Plains Initiative and major brands such as Burger King and …

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FERC blames GRDA for flooding of Miami in northeast Oklahoma

    “A big win for us.” It’s the response of Miami city officials in northeast Oklahoma after the Federal Energy Regulatory Commission ruled the Grand River Dam Authority was responsible for major flooding in the city. FERC said the GRDA violated its license by not buying out affected property owners, reported The Frontier. It …

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