Energy news in brief

** An electric version of the Chevrolet Silverado pickup truck will get an estimated 400 miles of range per charge, General Motors says. The company announced the range in a webcast on Tuesday and said the truck would be built at a factory straddling the border of Detroit and the enclave of Hamtramck. ** The Australian Academy of …

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Transportation commissioner raises question of politics in ODOT decisions

  Oklahoma Transportation Commissioner T.W. Shannon had some pointed questions of the department leadership this week about whether politics entered a decision to cancel a meeting in his district. The McCarville Report indicated Shannon’s questions were raised at the Monday meeting of the Oklahoma Transportation Commission. Click here for McCarville Report.  

Phillips 66 Partners pulls out of planned pipeline to Cushing

    A planned pipeline project designed to carry crude oil from the Rockies and Bakken Shale to the Cushing hub in Oklahoma has been abandoned by Phillips 66 Partners. The firm announced it is pulling out of what has been described as “the long-deferred” Liberty Pipeline project that would have carried 350,000 barrels a …

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OGE partners with Dobson Fiber to expand communications network

  Oklahoma Gas and Electric announced that it has entered into an agreement with Dobson Fiber to upgrade the resiliency and capacity of the company’s communications network backbone to accommodate new grid automation and mitigate risk of wireless interference on the traditional microwave system. Through the agreement, the two Oklahoma headquartered companies will build approximately 350 miles …

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New study shows Oklahoma gained from cross-border business with Canada

  The American Petroleum Institute released a new report examining how growth in cross-border petroleum trade between the United States and Canada has led to the further integration of North American energy market including direct benefits for Oklahoma, delivering economic benefits, lowering consumer energy costs and strengthening energy security on both sides of the border. The report …

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ONE Gas 1Q earnings release on May 3

  ONE Gas, Inc. will release its first quarter 2021 earnings after the market closes on Monday, May 3, 2021. The ONE Gas executive management team will participate in a conference call the following day, Tuesday, May 4, 2021, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). The call also will be …

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Crude oil finished up again but still less than $60 in US trading

  Crude oil prices rose less than $1 both in the U.S. and overseas in Tuesday’s trading. West Texas Intermediate crude for May deliver still finished less than $60 a barrel, going up 68 cents to finish the day at $59.33 in trading on the New York Mercantile Exchange. Global benchmark Brent crude for June …

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Get ready for increased summer highway traffic

  The U.S. Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA’s annual Summer Fuels Outlook, released today with EIA’s Short-Term Energy Outlook (STEO), expects a 15% increase in U.S. highway travel this summer but still less highway …

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Oklahoma regulators continue handling historic February storm gas bills

  The historic winter gas bills and their impact on utilities in Oklahoma remain an issue being handled by Corporation Commissioners. At least two such requests for assistance in delaying any pass through of the costs of natural gas to consumers are on the agenda for the Wednesday meeting of the commission. Public Service Company …

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Renewable power jobs at low end of energy salaries

  While President Biden proclaimed he could replace Keystone XL pipeline workers with renewable energy jobs, a new study shows those renewable industry jobs do not pay as well as those in the nuclear, electric power transmission, natural gas, coal and oil industries. The report might also throw even more water on White House Climate …

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