The possibility of tighter oil supplies drove crude prices up on Monday by nearly $2 a barrel. It came while the Group of Seven nations promised to put the squeeze on Russia’s Putin as he presses his war on Ukraine. As a result, Oklahoma energy stocks made strong gains for the day with …
Rising gas prices ease off in Oklahoma ahead of July 4 holiday
As drivers head into the July 4th holiday, they will see some relief at the pumps in Oklahoma. Soaring gasoline prices in Oklahoma have backed off in recent days leaving the statewide average at $4.56 a gallon, six cents cheaper than one week ago. Declining prices also left only one county above the $5 …
Tulsa high school adds aircraft mechanics to its curriculum
High School students at one Tulsa school will soon have an option of learning how to work on airplanes. The Tulsa World reported East Central High School added the courses that will help those students who choose, to pass a mechanic certification exam with the Federal Aviation Administration. Click here for Tulsa World
Colorado legislators okay $65 million for electric school buses
Legislators in Colorado took another major step in pushing the state toward expanded electric vehicle use by approving $65 million to help school districts acquire EV buses. The Colorado Sun reported such buses cost on average $400,000 or about three times the cost of a diesel or gasoline-powered school bus. Now a state agency …
Agency to consider $2.2 billion in bonds for utilities
The last three of four requests by Oklahoma utilities for billions of dollars in ratepayer backed bonds to cover 2021 February winter storm costs go before a state agency on Wednesday. The Oklahoma Development Finance Authority, in its 10 a.m. meeting will consider ratepayer-backed securitization proposals from Oklahoma Natural Gas, Public Service Company of Oklahoma …
Other headlines
** North Dakota regulators this week will hold a public hearing on a proposed $390 million wind project in the southern part of the state. ** A coal company owned by West Virginia Gov. Jim Justice’s family agrees to pay $320 million to a Swiss bank to help settle an outstanding $850 million debt. ** Volkswagen aims to hire 1,000 new employees at its …
Heavy travel predicted for July 4th holiday
AAA Oklahoma is projecting that more than 510,000 Oklahomans will travel a distance of 50 miles or more over the Independence Day Holiday weekend. As usual, the large majority will be driving to their destinations. However, air travel and other modes of travel transportation (trains, cruises and buses) are up significantly compared to last year. …
Enid to decide on OGE franchise
Enid voters will decide Tuesday whether to continue with a nearly 100-year old franchise with Oklahoma Gas and Electric. Click here for Enid News & Eagle
New energy funding program to begin in Oklahoma County
Oklahoma County’s new clean energy financing program includes more than $80 million in development for Oklahoma City businesses. The Oklahoman reported the funding is about to become a reality after being stalled for years. Click here for The Oklahoman
OGE rate hike dispute to go before Judge
In an unusual hearing scheduled for Monday morning, an Oklahoma Corporation Commission Administrative Law Judge will consider two settlement agreements regarding the matter of Oklahoma Gas and Electric’s request for a $163.5 million rate hike. One agreement reached by OG&E is to reduce the request to $45 million while the second agreement, reached by …
