May 2020 archive

Lucas introduces bill to reduce nation’s dependence on foreign minerals

Congressman Frank Lucas (OK-03) joined Rep. Paul Gosar (AZ-04) and Rep. Michael Waltz (FL-06) in introducing the American Critical Mineral Exploration and Innovation Act of 2020. They were joined by House Committee on Natural Resources Ranking Republican Rob Bishop (UT-01), and House Republican Leader Kevin McCarthy (CA-23). The American Critical Minerals Exploration and Innovation Act aims to reduce America’s …

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Jobless benefits claims decline in Oklahoma

The number of initial claims for unemployment benefits filed with the Oklahoma Employment Security Commission (OESC) for the week ending May 23, 2020, continue to reflect the impact of business closures due to the COVID-19 and Oil Industry crises. For the week ending May 23, 2020, unadjusted initial claims in Oklahoma totaled 32,127, a decrease …

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OGE customers to see reductions in monthly utility bills

  OG&E announced that it will lower its monthly fuel cost recovery, effective with the first customer billing cycle in June. On average, residential customers in Oklahoma will see a reduction of $5 per month. The company said the savings are tied to the ongoing slump in the price of natural gas, which is used to generate electricity. Typically, …

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Williams to create solar installations at some of its operations

Tulsa’s Williams Cos. is going solar power, announcing it intends to make major installation of solar power operations at some of its gathering and processing sites around the U.S. The company said it intends to take advantage of the falling cost of solar technology and available tax credits, adding that natural gas and solar make …

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Austin tops national solar power survey

  Austin is now No. 1 in the U.S. when it comes to solar power available per person, according to new data gathered by the Environment Texas Policy and Research Center. The city beat out Los Angeles and San Antonio for the top spot. Austin was ranked 14th in the nation for solar energy produced inside …

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Federal Reserve Bank finds manufacturing in Oklahoma and other states is still low

The Federal Reserve Bank of Kansas City released the May Manufacturing Survey that shows the manufacturing activity in the Tenth district, which includes Oklahoma continued to decline but not as sharply compared to last month’s record low. Chad Wilkerson, vice president and economist at the Federal Reserve Bank said the survey also found that expectations …

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Statewide flood plan to be developed under new law

Oklahoma Senate Bill 1269, legislation that directs the Oklahoma Water Resources Board (OWRB) to develop a Statewide Flood Resiliency Plan, was signed into law by Governor J. Kevin Stitt on May 18. In addition to the creation of a statewide flood mitigation plan, the law creates the State Flood Resiliency Revolving Fund to fund both …

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Energy news in brief

** Two U.S. senators, Republican Ted Cruz of Texas and Democrat Jeanne Shaheen of New Hampshire are considering drafting further sanctions on Russia’s Nord Stream 2 natural gas pipeline if Moscow goes ahead and finishes laying pipes, in another blow to a project which has already faced delays. U.S. sanctions legislation originally sponsored by the two in …

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Plans unveiled for largest solar farm in Arkansas

  Working with NextEra Energy, Entergy Arkansas plans development of a new solar project that will be the largest sun-powered project in Arkansas.   According to the utility giant’s recent petition to the Arkansas Public Service Commission (PSC), Entergy Arkansas is seeking a declaratory order and approval of a power purchase agreement for a new …

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Louisiana regulators approve purchase of 3 Oklahoma wind farms

  The purchase of three Oklahoma wind farms to provide electrical power to Louisiana customers of Southwestern Electric Company Company was approved this week by the Louisiana Public Service Commission. According to a release from the Alliance for Affordable Energy, SWEPCO, which is a subsidiary of AEP, received approval from LPSC to purchase three new …

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