ConocoPhillips announced that its board of directors has elected Dennis V. Arriola to serve as a board member. Arriola has spent more than 28 years in the energy sector, most recently serving as chief executive officer of Avangrid, Inc. Prior to joining Avangrid, he served as executive vice president and group president and chief …
September 14, 2022 archive
Pillow plant shutdown puts 60 out of work in Bartlesville
Nearly 60 workers will lose their jobs with the announced closing of a Keeco pillow plant in Bartlesville. Keeco, a bedding manufacturing firm with plants in China, India and Pakistan informed Oklahoma officials of the intended plant closing by mid-November. At least 58 workers will be affected by the shutdown, according to Bill Hancock, …
Arkansas prepares for water improvement projects
Legislators in Arkansas want to take quick advantage of American Rescue Plan money by using $280 million to carry out water, wastewater and irrigation projects in the state. A legislative panel on Tuesday advanced the request for spending made by the Arkansas Department of Agriculture reported the Arkansas Democrat Gazette. Click here for Arkansas …
Other energy headlines
** The Biden administration is considering replenishing the Strategic Petroleum Reserve when oil dips below $80 a barrel, just two years after Democrats blocked former President Donald Trump from filling the reserve at a fraction of that price. ** Investors got a rude awakening with Tuesday’s hotter-than-expected inflation numbers, and the decline in gas prices since June …
Electricity bills prove inflation is real
You think inflation isn’t real? Consider this. August electricity prices jumped the highest since 1981 according to the U.S. Bureau of Labor Statistics. The government said this week electricity bills nationally gained 15.8% from a year ago reported Bloomberg. Click here for Bloomberg
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