Solar farms to be new source of tax revenue?

  While the Oklahoma Supreme Court ruled this week against taxing production tax credits used by the state’s wind farms, legislators in nearby Missouri are exploring how to tax solar energy farms, a matter arising from a Missouri Supreme Court ruling. The high court in Missouri ruled in August that a 2013 state law granting …

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St. Louis battery firm gets $197 million government grant

  One of the projects funded in the Biden administration’s $2.8 billion in grants to increase domestic manufacturing of batteries for electric vehicles is in St. Louis, Missouri and a subsidiary of a firm headquartered in Israel. ICL-IP America Inc. is one of 20 firms that received grants for project to extract and process lithium, …

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Congressional delegation quiet about Biden’s latest oil move

  They’ve been critical of the President’s use of the Strategic Petroleum Reserve in the past. But Oklahoma’s congressional delegation was mostly quiet after President Biden announced Wednesday the planned December release of 15 million more barrels of oil from the Reserve. Tulsa Rep. Kevin Hern tweeted his criticism of the oil release, saying, “The …

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US offshore wind energy industry to boom in next few years

  Imagine an energy workforce booming from a thousand jobs in 2022 to nearly 58,000 in about 8 years. It’s what the National Renewable Energy Laboratory based in Colorado is predicting for the U.S. offshore wind workforce. It estimates the offshore wind industry will need between 15,000 and 58,000 full-time jobs every year beginning in …

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Archaeological surveys to be required for oil and gas drillers in New Mexico

  Beginning in December, New Mexico will have a rule in place requiring oil and gas drillers and those building pipelines or roads, to carry out archaeological or cultural surveys. The New Mexico State Land Office finalized the rule that takes effect Dec. 1, 2022 Land Commissioner Stephanie Garcia Richard said the new regulation will …

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Dividend declared by ONEOK

  Investors in ONEOK, Inc. are getting another dividend. The board of directors of the company declared a quarterly dividend of 93.5 cents per share. The amount is unchanged from the previous quarter and results in an annualized dividend of $3.74 per share. In making the announcement, ONEOK officials explained the dividend will be payable …

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Another slight increase of crude in storage at Cushing hub

                With the nation’s Strategic Petroleum Reserve at its lowest level since 1984, following the President’s continued sale of oil in order to lower gasoline prices and attract support for Democrats ahead of the upcoming elections, crude oil held in storage at Oklahoma’s Cushing hub increased slightly in …

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Rep. Mullin and others tell Biden again–his energy policies aren’t working

  U.S. House Republicans, including Congressman Markwayne Mullin of Oklahoma sent yet another letter to President Biden urging him to reverse his anti-American energy policies. In a letter telling the President his energy policies aren’t working, Mullin along with Rep. Steve Scalise of Louisiana and HEAT Co-Chair Rep Jeff Duncan of South Carolina, stated he …

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Missouri school closed because of radiation contamination

  A school in a St. Louis, Missouri suburb is being closed after an independent report found it to be contaminated with radioactive waste. The Jana Elementary school in Florissant will be closed upon a decision of the Hazelwood School District reported the St. Louis Post-Dispatch. Click here for Post-Dispatch

Tesla to build lithium refinery on Texas Gulf Coast

  Tesla is expanding operations in Texas. This time, Elon Musk, the Chief Executive Officer of the EV manufacturer confirmed he has plans to build a lithium refinery on the Texas Gulf Coast. It is a bid to gain more control over the supply chain for electric vehicle batteries reported Bloomberg. Click here for Bloomberg