Oklahoma’s Incentive Evaluation Commission met on Wednesday afternoon to set its evaluation schedule, with several energy-related tax credits identified for review over the course of four years. The Commission is expected to review at least 11 incentives this year and recommend whether each should be replaced, repealed or reformed before the start of the 2017 …
June 30, 2016 archive
Interim Rate Hike of $69.5 Million Implemented by OGE on Friday
OGE Energy Corp. will implement a $69.5 million interim rate increase as it awaits a decision from state regulators in its pending rate case, according to a news report published late Wednesday by The Oklahoman. The increase is effective Friday. The move comes over six months after the company filed for a $92.5 million increase with …
Crude Oil Futures Jump While Supply is Down on Wednesday
Shaking off recent concerns over the United Kingdom’s referendum vote to leave the European Union, crude oil futures soared on Wednesday, according to Bloomberg MarketWatch. August West Texas Intermediate crude rose $2.03, or 4.2%, on the New York Mercantile Exchange to settle at $49.88 a barrel. August Brent crude, the global benchmark, jumped $2.03, or …
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