Under a bill filed in the Oklahoma legislature, EV operators will have to pay their fair share of taxes for the maintenance of state highways. The DRIVE Act, House Bill 2234 targets electric vehicle operators who don’t pay fuel taxes. It was filed by Bristow Republican Rep Kyle Hilbert and co-authored by State Reps. Brian …
January 2021 archive
Energy Secretary says Keystone XL cancellation could benefit Oklahoma
The way Oklahoma Energy Secretary Ken Wagner views the cancellation of the Keystone XL pipeline by President Biden on his first day in office is it is a move that could help Oklahoma. It is also a move that won’t do much toward reduction of greenhouse gas emissions and could mean increased use of …
Energy news in brief
** Among President Biden’s 17 executive orders signed Wednesday was one directing the Interior Department to halt all action related to oil and gas leases in the Arctic National Wildlife Refuge that the Trump administration sold earlier this month, and the agency must conduct a new study on the environmental impact of drilling in the refuge. …
Nebraska anti-Keystone pipeline activists celebrate
Environmental activists in Nebraska who fought the Keystone XL pipeline are still celebrating after President Biden revoked approval of the controversial pipeline that would have terminated in the state. “I can’t stop laughing,” anti-pipeline pioneer Jane Kleeb said. “I always knew this day would come.” The Lincoln Journal Star interviewed Kleeb, who launched the …
ONEOK declares quarterly dividend
ONEOK, Inc. announced this week its board of directors had approved a quarterly dividend of 93.5 cents per share. The dividend was unchanged from the previous quarter and resulted in an annualized dividend of $3.74 per share. The dividend is payable Feb. 12, 2021, to shareholders of record at the close of business Feb. 1, …
NGL Energy Partners LP offers $2 billion in notes
NGL Energy Partners LP in Tulsa announced Thursday it was offering more than $2 billion in senior secured notes. The notes are due 2026 and NGL said it expected to use the net proceeds together with borrowings under a new $500 million asset-based revolving credit facility to repay all outstanding borrowings and terminate the …
Democrats demand probe of decision to move U.S. Space Command out of Colorado Springs
Two Democratic members of Congress don’t like the Pentagon’s choice to locate the U.S. Space Command in Alabama. They want the Pentagon to investigate how the decision was made to move the command from Colorado Springs to Huntsville, Alabama. Reps. John Garamendi, D-Calif., and James Cooper, D-Tenn., said the decision pulling the command to Huntsville, …
Hot Springs, Arkansas to build largest municipal solar plant in the state
Hot Springs, Arkansas revealed plans to build the state’s largest municipal solar plant. The plant will consist of 31,000 solar panels to be installed on city-owned property, according to Fox 16 TV news. Upon completion, the solar project will power all of the city buildings and functions in Hot Springs. The city manager said …
Legislator says it’s time Kansas had an official energy plan
Kansas is one of only 8 states in the U.S. without an official energy plan and Rep. Mark Schreiber, a Republican from Emporia says it’s time the state had one. Schreiber is now vice-chair of a Kansas House committee on Energy, Utilities and Telecommunications and wants to help develop one, according to the Wichita …
Inhofe on Keystone XL cancellation—a “sad” day
Oklahoma U.S. Sen. Jim Inhofe says Wednesday’s cancellation by President Joe Biden hours after he was sworn into office was a “sad” day for the U.S. “We came so far during the last administration – from prioritizing American energy development to ending the far-left’s war on fossil fuels,” said the Senator in a statement. …