The sale of nearly $1 billion in ratepayer-backed bonds to cover 2021 winter storm costs for Oklahoma Gas and Electric is complete. The utility stated in a filing made Wednesday with the U.S. Securities and Exchange Commission that the sale of $762 million in bonds was completed July 20 by the Oklahoma Development Finance …
July 20, 2022 archive
Briefs of other stories
** The U.S. government reported a modest weekly fall in domestic crude supplies, but said gasoline inventories climbed by more than three million barrels on the back of a decline in implied demand for the fuel. ** EVs are about to get more expensive. Toyota has sold too many electric and hybrid vehicles to qualify for …
Postal service to expand EV fleet
More electric-powered mail trucks will soon be zipping around Oklahoma and other states after the U.S. Postal Service said it plans a substantial increase in its EV fleet. Officials said Wednesday their plan is to boost electric vehicles from 20% to 50% in the initial purchase of 50,000 mail trucks and the first are …
Record electricity demand in Southwest Power Pool because of extreme heat
Those record-breaking temperatures on Tuesday also led to power-demand records in power grids that control electricity in Oklahoma, Texas and other states. Air conditioners were running full-force this week and it could mean more power-demand records could continue to fall this week. Oklahoma is one of 17 states in the Southwest Power Pool which …
A whining winner in the race for the Panasonic plant in Kansas?
At least one writer has some misgivings about Kansas winning the race with Oklahoma to land a $4 billion electric vehicle battery-manufacturing plant. Writing in the Wichita Eagle, Dion Lefler suggested what it cost taxpayers of Kansas to land the plant might not be worth the financial effort. Click here for Wichita Eagle
500 mile line to carry New Mexico wind power to Western states
A 500-mile transmission line is planned to carry electricity from New Mexico wind farms to urban markets in Arizona and California. The SunZia Transmission project was acquired by Pattern Energy and will combine with the company’s existing plans to develop wind power in the region reported the Carlsbad Current-Argus. Click here for Current-Argus
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