Mitchell talks energy with Jerry Bohnen—poultry and politics

https://www.facebook.com/reel/797109796803265   In this edition we cover how the poultry lawsuit is worsening the outlook for local producers. Additionally, is Lord Palmerston’s phrase that “In politics, there are no ‘permanent friends……only permanent interests’ an apt description of the now fractured relationship between two politicians who once attempted to jointly raise their profile nationally by championing …

Continue reading »

US and Oklahoma rig totals dropped in past week

  The nation’s rig count fell by three in the past week and Oklahoma’s loss of drilling activity accounted for two of the rigs. The latest Baker Hughes Rig Count showed the U.S. total fell to 545 and Oklahoma’s number of active oil and gas rigs declined to 42 from the previous week. The U.S. …

Continue reading »

PSO $3.2 billion fundraising to be reviewed by regulators

A move by Public Service Company of Oklahoma to raise more than $3 billion to cover costs of its major energy expansion project will be among several items to be reviewed Monday by the Oklahoma Corporation Commission. PSO filed the original request in March and explained it wanted to issue up to $3,250,000,000 in senior …

Continue reading »

Coalition fights competitive bidding moratorium pushed by utilities

A nationwide alliance of consumer advocates and manufacturers takes issue with the recent request filed by Oklahoma Gas and Electric Company and 8 other utilities in asking federal regulators to remove the competitive bidding requirement for construction of distribution lines for major power grids. It accused them of being “tone deaf” to the affordability crisis. …

Continue reading »

Boosting the state’s plumbing industry

  The Senate Business and Insurance Committee has unanimously advanced legislation from Sen. David Bullard, R-Durant, to recruit more people into the plumbing industry and make it easier for individuals to get licensed in the field. House Bill 3462 creates licensing requirements for a new classification of journeyman plumbers licensed only for residential plumbing. This legislation …

Continue reading »

Kansas ranchers fight transmission line

Ranchers and farmers in southern Kansas have come out against a 155-mile transmission line proposed by Evergy, a line that would span from just outside Wichita to Southwest Missouri and enter into Oklahoma for about 20 miles. The project is known in Southwest Power Pool documents as the Branson 345 kV overlay projects. It consists …

Continue reading »

Chamber leader says OKC still is energy dominant

Since the recent announcements that Devon Energy followed by Expand Energy intend to move their headquarters to Houston, a certain trepidation was part of the response of some economic observers. Not so with Christy Gillenwater, President and CEO of the Greater Oklahoma City Chamber of Commerce. Expressing her beliefs in the Sunday Oklahoman’s Viewpoints section, …

Continue reading »

Energy briefs

** Iran is building roadblocks at a key nuclear complex amid threats of a US or Israeli ground operation to seize its stockpile of highly enriched uranium. According to satellite imagery, the regime has blocked Isfahan’s three tunnel entrances with earthen berms, fences and piles of rubble. ** Tankers that want to pass through the Strait of Hormuz are …

Continue reading »

Trump announces naval blockade of oil tankers in Strait of Hormuz

  President Trump just turned the tables on Iran by announcing Sunday he intended to implement a total naval blockade of all oil tankers moving through the Strait of Hormuz, a move that  took away Iran’s ability to restrict the flow of tankers to those it allowed. He made the announcement after peace talks failed …

Continue reading »

Energy job numbers rebound in Oklahoma and US

OFS March Jobs Report Shows Modest Rebound in Energy Services Employment Oklahoma was among several energy states that saw a rebound in the number of those employed in the energy industry in March. The Energy Workforce & Technology Council based in Houston announced there was a nationwide gain of 1,877 positions for a total of …

Continue reading »