** Transportation Secretary Pete Buttigieg stressed in a new interview that families who buy electric vehicles (EVs) “never have to worry about gas prices again.” While speaking on MSNBC’s “The Sunday Show With Jonathan Capehart,” Buttigieg noted that Democrats’ proposed social spending package includes incentives to make it more affordable to buy an electric vehicle. ** North Dakota officials …
November 2021 archive
Kansas regulators raise questions about hedge fund operator
The Kansas Corporation Commission spent time this week asking some pointed questions about an international hedge fund connected to Evergy’s more than $10 billion electrical system plan. “Let’s be very clear our role here is not to benefit the shareholders. Our role here is to protect the ratepayer,” said one commissioner reported the Wichita Eagle. …
EIA: Thanksgiving Holiday Gasoline Prices Highest Since 2012
The average U.S. regular retail gasoline price across all formulations (conventional and reformulated) on the Monday before Thanksgiving was $3.40 per gallon (gal), $1.29/gal (62%) higher than it was the week before Thanksgiving last year and the highest pre-Thanksgiving price since 2012 (in nominal terms). Compared with levels before the COVID-19 pandemic, prices are $0.82/gal …
Wind Turbine Exec Voices Concern About Operating Margins Risk
An executive from turbine manufacturer Siemens Gamesa warned last week that a 10-year race to reduce the cost of generating wind power could not continue, as it would bring down the financial muscle of turbine producers to continue investing in new technologies. A boom in investments in green energy to address climate change has helped mitigate …
OG&E Pays It Forward With $100,000 Educational Commitment
Oklahoma-based OG&E and the OGE Energy Corp. Foundation Inc. have renewed their commitment to education through $185,000 in donations during the 2021-2022 school year. DonorsChoose, a crowdfunding platform supporting public school teachers nationwide, will fund teacher projects with $100,000 earmarked to serve educators in low-income areas and support families in the communities where OG&E operates. …
Final Voyage for the Navy’s USS Oklahoma City Nuclear Submarine
The USS Oklahoma City submarine made its final voyage last Monday night through the frigid waters of Puget Sound, where it will be scrapped following a 33-year career in the U.S. Navy, according to a news report published by the Kitsap Sun. Navy tugboats maneuvered the aging sub to mooring lines tied by shipyard workers …
Southern Power Adds Glass Sands Wind Facility in Murray County
Southern Power’s 118-megawatt (MW) Glass Sands Wind Facility in Murray County, Oklahoma, is now operational, according to a recent company press release. This project marks Southern Power’s 15th wind facility and is the company’s fifth wind facility in Oklahoma. “We are pleased to see Glass Sands Wind Facility achieve commercial operation as this facility represents …
Baker Hughes Rig Count Reveals Six New Rigs in US
The number of active oil and gas rigs in Oklahoma was unchanged in the past week, remaining at 44 while nationally, the number increased slightly, according to the latest report from Baker Hughes. Nationwide, the number of oil rigs increased by 6 to 569 including 552 land rigs. The nation is still 320 rigs higher …
The Dollars and Sense of ONG’s Cost Recovery Case
Oklahomans may soon experience a significant increase in utility bills if Oklahoma Natural Gas succeeds in its cost recovery case. According to a news report published by Dale Denwalt in The Oklahoman, the administrative law judge will likely allow ONG to “charge the average residential customer several dollars more per month on top of their …
Permits to drill for November 25, 2021
permits: none were processed today