February 2021 archive

Utilities want regulatory cost recovery help after winter storm

  Utilities wasted little time following the disastrous winter storm that hit the Midwest and South last week in asking for cost recovery help from the Oklahoma Corporation Commission. The gas supply costs of one company for February alone were estimated at $1.5 billion. Even as Public Service Company of Oklahoma issued a press release …

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Rep. Cole joins in introduction of RURAL Act to help utilities

  The winter storm that nearly paralyzed Oklahoma, Texas and Kansas in the past week prompted some members of congress to create a bill to help utilities obtain financing in the wake of such federal disasters. Oklahoma Congressman joined Arkansas Rep. Rick Crawford in the introduction of the Reinforcing Utility Restoration After Losses or RURAL …

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Nearly 250 new jobs coming to Miami, Oklahoma

Miami in northeastern Oklahoma will be the site of a Communication Solutions call center producing an estimated 250 new jobs over the coming five years.   Starting with 1 call center in 1996, Miami will be the firm’s 6th location. The company stated it will invest more than $500,000 to develop an inbound retention and …

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Federal Reserve Bank reports increased business activity

  February business activity increased in Oklahoma and other states that make up the Tenth District of the Federal Reserve Bank of Kansas. Chad Wilkerson, vice president and economist at the Federal Reserve bank said the increase was revealed in the February Manufacturing Survey which showed business growth compared to January and a year earlier. …

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Devon Energy is among those with most active rigs in US

    The energy analytical firm Enverus Rig Analytics reported Thursday the US rig count slipped over the past week to 447. The Austin, Texas company said the drop of four was as of Feb. 24 while the count is still up by 4% in the past month. However, the year to date count is …

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OGE reports earnings loss for 2020

  OGE Energy Corp reported it suffered losses in 2020 as the company released its year-end report on Thursday. Net income for 2020 was $339 million, down from the $350 million reported for 2019 and the company blamed the loss on COVID-19 impacts, higher income tax expense and lower revenues from mild summer weather. The …

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Residential solar users in Kansas get a win from regulators

  Kansas regulators voted Thursday to turn down a plan by Evergy to charge a monthly grid access fee to solar users, handing something of a temporary win for them. The Kansas Corporation Commission decided to reject the company’s solutions, reported the Hutchinson News. Evergy had wanted to charge solar users a grid access fee …

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Poll shows opposition to Texas’ electric grid

  A poll conducted by POLITICO/Morning Consult showed more than half of U.S. voters think Texas should not continue with its lone electric grid, but should connect to a regional grid. POLITICO reported that 56% supported joining another grid, findings taken after last week’s deadly and disastrous winter storm left millions without power. The poll …

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New Mexico files complaint over lack of cleanup at Los Alamos Labs

  The state of New Mexico went to federal court filing a civil complaint against the U.S. Department of Energy for failing to clean up contamination at the Los Alamos National Laboratory. The complaint alleges the DOE didn’t comply with a 2016 Compliance Order and was filed after the state’s Environment Department found the Los …

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Energy news in brief

** The U.S. Air Force is distributing bottled water to Arizona residents and business owners near Luke Air Force Base whose drinking water showed high levels of contaminants. A statement by the base said water testing detected levels of perfluorooctanoic acid and perfluorooctane sulfonate “above the Environmental Protection Agency’s lifetime health advisory for drinking water.” ** Exxon …

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