August 22, 2021 archive

Major utilities move forward with February storm rate hike requests

  The February winter storm that hit Oklahoma and the rest of the Southwest and Midwest resulting in power outages and rolling blackouts is about to possibly hit customers of Oklahoma’s major utilities a second time—with increased utility bills. Documents filed in recent days with Oklahoma regulators indicate consumer groups are critical of the rate …

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New energy company formed in NE Oklahoma City

  EightTwenty, a new energy services company based in Oklahoma City, announced its plans to create 75 energy jobs and establish a zero-energy headquarters in Northeast Oklahoma City over the next two years. In conjunction with the company’s official launch, EightTwenty announced it completed its first Give Solar project with RestoreOKC by installing solar panels …

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Northwest New Mexico leaders want their region to become hydrogen hub

  Business leaders of northwest New Mexico used U.S. Energy Secretary Jennifer Granholm’s visit last week to win her support to turn the region into a hub for hydrogen energy. Granholm spent time touring a Farmington facility that manufactures blue hydrogen reactors that use methane derived from natural gas. Democratic U.S. Sen. Martin Heinrich joined …

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San Luis Valley solar array to power bitcoin operation

  Already home to huge solar arrays, Colorado’s San Luis Valley located in the south central region of the state is about to become home to another such array—one created to power bitcoin operations. The operations for the bitcoin mining will be staged in Colorado’s Alamosa County and financed and run by Wyoming-based Ziyen Energy, …

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CSU-Pueblo first university in Colorado to be 100% powered by solar energy

  The campus of Colorado State University-Pueblo became the first university in the state to reach net-zero efficiency by being 100% powered by solar energy. Click here for KRDO radio story.  

Oklahoma regulators to review finances

  Oklahoma Corporation Commissioners meet Tuesday morning to get an update on the agency’s financial operations. The posted agenda included a summary of agency financial activity including a review of July 2021 financials and possible discussion of FY 2021 and FY 2022 budgets. The discussion will be with Holly George, the agency’s Chief Financial Officer …

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Rep. Hern says the nation’s true leaders are back home—not in Washington DC

  Tulsa congressman Kevin Hern spent nearly three weeks back in his first congressional district and took part in dozens of meetings. One was with management and workers at the Midwestern Manufacturing & Pipe Line Products company in Tulsa. Their discussions focused on the importance of U.S. manufacturing and American energy independence. Rep. Hern held …

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While COVID case numbers go up, crude oil prices go down

  The surge in COVID-19 cases across the globe was blamed for a drop on Friday of crude oil prices, resulting in the biggest week of losses in more than nine months. Can they rebound as the industry prepares for another week of trading? West Texas Intermediate crude for September delivery dropped $1.37 or 2.2% …

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US oil and gas rig numbers increase while Oklahoma is unchanged

  The latest Baker Hughes Co. report indicated a slight increase in the number of oil and gas rigs active in the U.S. while Oklahoma’s numbers were unchanged from a week ago. The national count increased by 3 to 503, including the number of oil rigs increasing by 8 to 405 while the number of …

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Energy news in brief

** Xcel Energy announced that Bob Frenzel has been appointed president and CEO of the company. Ben Fowke, the current chairman and CEO will remain at Xcel Energy as executive chairman of the Board of Directors. Tim O’Connor was also named executive vice president and chief operations officer. ** The US Energy Information Administration predicts a …

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