Four members of the Oklahoma delegation in the U.S. House signed onto a a letter blasting the Biden Administration for its premature and reckless “waters of the United States” final rule. Reps. Stephanie Bice, Tom Cole, Kevin Hern and Frank Lucas signed the letter that demanded the EPA and the Army Corps of Engineers rescind …
High utility bills led to phone threats and lockdown of city hall in Deming, New Mexico
Winter utility bills in one New Mexico city have risen so high that it resulted in the city offices in Deming being locked down for security purposes following telephone threats. The city offices in the city of 6,000 received threats over high utility bills prompting the lockdown on Wednesday reported the Albuquerque Journal. Click …
Friday saw a drop in crude oil prices and most OK energy stocks
Crude oil prices fell on Friday and Oklahoma energy stocks also had a weak day in trading. The fall in prices meant they wrapped up the week with a flat to lower finish, thanks to reports a strong Russian oil supply offset U.S. economic data that was better-than-expected. West Texas Intermediate crude dropped 1.6% …
Billionaire Bill Gates wants to stop cows from farting
Maybe Bill Gates got his advice from AOC, the congresswoman who blamed part of climate change on farting cattle. Gates is now investing money in an Australian climate tech company focused on livestock methane emissions reports Popular Mechanics. Click here for Popular Mechanics
Freeport LNG gets approval to restart operations
Federal regulators have given approval for Freeport LNG to restart its idled LNG export plant in Texas but it still might be March before production is underway. The LNG company’s plant has been barred from resuming production following a pipeline explosion in June of 2022 reported Reuters. Click here for Reuters
Crude oil made gains in Thursday’s trading but OK energy stocks had a weak day
Thursday’s trading resulted in a nearly 2% gain for crude oil prices after top oil importer China reopened its economy. Oklahoma energy stocks had another weak day. West Texas Intermediate crude went up 86 cents or 1.1% and settled at $81.01 per barrel on the New York Mercantile Exchange. Global benchmark Brent crude rose …
Oil and gas rig numbers declined in the past week reports Enverus
A report issued Thursday by the Enverus Foundation showed a drop in the number of oil and gas rigs in the Anadarko Basin and across the U.S. The U.S. rig count reached 872 during the week ended Jan. 25, falling by six from the previous week, according to Enverus Foundations data. The count …
Treasurer implements new trading platform for state office
Oklahoma State Treasurer Todd Russ’ office recently completed a transition from a 17-year-old proprietary bond trading platform to the Bloomberg Trading Terminal, the most up to date investment platform. “I am excited to have my office completely transitioned from an antiquated trading platform to Bloomberg. This important step allows our investments to compete in …
OGE honored for storm relief efforts
Edison Electric Institute (EEI) awarded Oklahoma Gas and Electric Company (OG&E), a subsidiary of OGE Energy Corp (NYSE: OGE), two Emergency Response Awards recognizing the electric company’s restoration efforts following a tornado in Seminole, Okla., last May and Hurricane Ian in Florida in September. EEI’s Emergency Response Awards recognize companies for outstanding recovery and …
Broken Arrow pothole caused a dozen blowouts
A pothole on the Broken Arrow Expressway left nearly a dozen motorists with flattened tires. News on 6 reported the dangerous pothole was located near the Utica exit and left drivers frustrated—to say the least. Click here for News on 6