Tulsa’s ONE Gas, Inc. announced its second quarter 2020 financial results on Monday showing a slight increase in net income but also a slight drop in year to year income, an increase in operating costs as well as bad debt expense and more money spent on the company’s response to the COVID-19 pandemic. ONE …
July 2020 archive
Tesla sues Rivian for theft of trade secrets
While Tesla founder Elon Musk was busy last week picking Austin, Texas and not Tulsa, Oklahoma as the site of his new truck plant, his lawyers were busy suing competitor Rivian for alleged theft of trade secrets. Tesla contends about 70 of its employees have left Tesla for Rivian—22 in the last four months …
Oil and gas, highways, drones and eminent domain to be studied by Oklahoma legislators
From transportation to oil and gas and unmanned aerial vehicles, they will be examined in Oklahoma legislative interim studies this year. The State House of Representatives okayed a study of transportation funding in the changing virtual environment and funding for schools. Rep. Sheila Dills asked for the study which was approved by House leadership. …
Jobless rate declines in Arkansas
While unemployment in Oklahoma fell from 13% in May to 6.6% in June, Arkansas reported a decline from 9.6% in May to 8% in June. Both states had unemployment rates below the national rate of 11.1%. Nonfarm payroll employment in Arkansas rose by 23,700 in June, an increase of 2%, while the national total …
Colorado’s Oil And Gas Industry Pulls 2020 Ballot Initiatives After Deal With Gov. Polis
Colorado’s oil and gas groups have dropped plans for ballot initiatives this year after reaching a deal with Gov. Jared Polis after he urged legislative leaders to back off more restrictive regulations on the industry. Colorado Public Radio, in a recent report indicated the oil and gas wars are over — for now. In an op-ed …
French company plans 3 solar farms in NW New Mexico
The Four Corners region of northwest New Mexico could soon be home to three solar farms proposed by Photosol US, a subsidiary of a French company. Photosol hopes to replace electrical power lost if and when the San Juan Generating Station is closed near Aztec in 2022 along with the Four Corners Power Plant …
NextEra Energy proposing new solar farm in New Mexico
NextEra Energy Resources, the company with major wind farm operations in Oklahoma is hoping to build a large new solar farm in southern New Mexico near Alamogordo. The proposed solar farm would be located in Otero County on New Mexico State Trust land near Chapparal, if NextEra gets approval for the project according to …
AEP’s dark money group contributed to campaigns of arrested Ohio leaders
American Electric Power, the parent company of Public Service Company of Oklahoma is being linked to the racketeering and bribery case that led last week to the arrest of Ohio’s House Speaker Larry Householder. The Columbus Dispatch reported the link involves a dark-money group wholly funded by AEP, a group that contributed $350,000 to …
Cornell launches study on impacts of solar farms in Oklahoma
Oklahoma is one of three states to be studied by Cornell University researchers looking into the impact of solar arrays on farmland. Allison Chatrchyan and David Kay, senior research and extension associates at Cornell University, are studying solar leasing on farmland in Oklahoma, Maryland and New York to better understand the economic, legal and …
Major failure suffered by Democrats when it comes to “forever chemicals”
Chances grow daily on capitol hill that Oklahoma’s Senators and Representative will not get a chance to vote on any measure to clean up those controversial “forever chemicals,” the ones produced in many cases by firefighting foam used at military air bases and civilian airports as well. The chemicals have contaminated water supplies throughout …