Western Farmers Electric Cooperative announced this week the purchase of power from NextEra Energy Resources and its wind farm operations in northern Oklahoma. The purchase involves 200 megawatts of battery-stored energy. “With the prices of wind and solar energy lower than ever, we are now able to pair those with battery storage to make more …
July 2019 archive
Former Interior Secretary named to Denver oil and gas firm’s board
Former U.S. Secretary of the Interior, Gale Norton was named this week to the Board of Directors of Denver-based Liberty Oilfield Services Inc. She was also appointed chair of Liberty’s Nominating and Governance Committee. “We are thrilled to welcome Gale Norton to our Liberty family,” said Chris Wright, Liberty CEO. “Gale is a strong leader …
Texas biorefinery shutting down—owner blames government uncertainty
While U.S. Sen. Jim Inhofe was criticizing the Corn Lobby over biofuel subsidies, a renewable fuels company was announcing the closing of its biorefinery in Texas. The announcement was made by Renewable Energy Group, Inc. based in Ames, Iowa and the company blamed “continued federal policy uncertainty, most notably the long-lapsed federal biodiesel tax credit.” …
Inhofe takes on Big Corn lobby and campaigns against subsidies for biofuels
U.S. Sen. Jim Inhofe says it’s no accident that gasoline prices are lower than they were a year ago. And he credits the leadership of President Trump saying under the President, the U.S. has become the largest producer of oil and natural gas. He cites the President for rolling back countless unnecessary regulations , approving …
Turnpike Authority approves $261 million extension of Tulsa’s Gilcrease Expressway
The Oklahoma Turnpike Authority plans to spend $261 million to build a west loop of the Gilcrease Expressway in Tulsa. The Los Angeles, California-based firm of AECOM and Duit Construction Co. of Edmond won the contract that was approved this week. Jack Damrill, a spokesman for the Authority indicated work will get underway by the …
FEMA okays $14 million in emergency disaster grants in Oklahoma
FEMA says in the one month period from early May to early June, it approved nearly $14 million in disaster grants for victims of flooding and severe weather in Oklahoma. The $13.8 million was approved for homeowners and renters who suffered uninsured or underinsured losses in the storms. That total includes more than $11.8 million …
Quarterly cash dividend declared by Noble Energy
Houston’s Noble Energy, Inc. announced that its Board of Directors has declared a quarterly cash dividend of 12 cents per common share payable on August 19, 2019, to the shareholders of record at the close of business on August 5, 2019. Noble Energy is an independent oil and natural gas exploration and production company committed to …
NGL announces quarterly distribution
Tulsa’s NGL Energy Partners LP announced this week that the Board of Directors of its general partner declared a quarter distribution of 39 cents a share. It figured to be $1.56 per unit on an annualized basis. The company stated that the distribution,for the quarter ended June 30, 2010 will be payable on Aug. 14 …
Senate committee wrestles with EV subsidies
While federal tax subsidies for the electric vehicle industry might be in trouble with a top Senate committee, there is growing support for subsidies related to the industry. POLITICO’s Morning Energy Report indicated the support might come out of a bill being shaped by Republicans and Democrats. The top Republican and Democrat on the …
Solar power in Oklahoma to be studied by Senate committee
It would appear that only one interim study on energy will be handled in the Oklahoma Senate before the start of the 2020 legislative session. The list of 72 interim studies was released by the Senate President Pro Tempore’s Office on Tuesday. Education, health care and mental health services, criminal justice policies, and retirement issues …