Some are calling it a major blow for big oil and gas in Texas—the quiet death of corporate property tax exemption. The program, known as Chapter 313 was allowed to die after delivering $10 billion in tax cuts over the past 20 years reported The Intercept. Click here for The Intercept story.
June 2, 2021 archive
More EV charging stations for northern New Mexico
The northern New Mexico Kit Carson Electric Cooperative announced it is installing nine more electric vehicle charging stations in and around Taos, the region called the Enchanted Circle. The cooperative’s board of trustees approved the additional EV chargers with the belief that the future of transportation is shifting toward a carbon-free environment that relies …
Nuclear Regulatory Commission approves PNM Resources-Avangrid merger
The proposed merger between Public Service Company of New Mexico and Avangrid won approval this week from the Nuclear Regulatory Commission. The deal still needs final approval from state regulators and if supported the combined company would serve more than 4 million electric and natural gas customers in New Mexico, Texas, New York, Connecticut, …
Whirlpool invests more in its Tulsa plant
A year after doubling the size of its plant operations in Tulsa, Whirlpool Corporation announced it is investing $15 million more in the factory. The company said it was part of its ongoing efforts to strengthen its national manufacturing capabilities and bring even more innovation, top-ranking consumer products and high-quality jobs to the region. …
KOCH sells biofuels operations to POET
South Dakota-based POET, the world’s largest producer of biofuels, has acquired the bioethanol assets of Flint Hills Resources’ in their entirety, expanding the company’s production capacity by 40 percent. Flint Hills Resources is a subsidiary of Koch Industries based in Wichita, Kansas. POET is a world leader in green bioproducts, with an ever-growing suite …
Energy news in brief
** The Biden administration moved forward with its plans to pause — and potentially halt — oil and gas drilling on the Arctic National Wildlife Refuge. The Department of the Interior (DOI) announced that it suspended leases that the previous administration auctioned off to oil and gas developers just weeks before Donald Trump left office. ** A federal …
Jury returns $222 million verdict against Evergy
The scalding death of two workers at Evergy’s Jeffrey Energy Center power plant at St. Marys, Kansas led a Texas jury to hand down a $222 million verdict this week against the company. The verdict was reached in Fort Worth where the trial had been moved to hear the case of the steam accident …
7-Eleven adding hundreds of EV charging stations
Coming soon to 7-Eleven stores in Oklahoma and across the rest of the country…more Electric Vehicle charging stations. The Irving, Texas-based company announced this week plans to built at least 500 Direct Current Fast Charging ports at 250 select U.S. and Canada stores by the end of 2022. Owned and operated by 7‑Eleven, …
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