Severe winter weather on Wednesday forced the Oklahoma Corporation Commission to reschedule a public hearing on proposed Electric Vehicle Charging Station rules. The hearing, scheduled for Feb. 23 at 9:30 a.m. was continued until Thursday, March 3, also at 9:30 a.m. The Public Utility Division’s public hearing will focus on Cause No. RM 202100005.
February 2022 archive
Rep. Hern says Biden should bear blame of higher energy costs
Oil prices in Europe hit $100 a barrel late Wednesday night after Russia launched its invasion of eastern Ukraine, firing missiles into Kiev and other cities. It came as the Biden administration warned of higher energy costs and Oklahoma Congressman Kevin Hern says if anyone should bear the blame, it is President Joe Biden. “The …
Storm Oaklee hits Oklahoma
Utilities across Oklahoma braced for the latest winter storm that could bring some power outages due to heavy amounts of sleet and possible freezing rain. As of mid-day Wednesday, Oklahoma Gas & Electric reported only 36 customers lost power due to Winter Storm Oaklee. Public Service Company of Oklahoma said it was preparing for …
Replace coal with nuclear power? Not in Pueblo, Colorado
After residents if Pueblo came out against the idea, officials in the southeast Colorado City are backing away from supporting a move to replace the state’s largest coal-fired power plant with a nuclear reactor. Pueblo County Commissioners admit they were wrong to support nuclear energy reported Colorado Public Radio. Click here for CPR
Oklahoma was ahead of Interior Department in “squaw” name removal
Four years after the Oklahoma legislature approved the removal of the offensive name “squaw” in describing geographical sites in the state, the Interior Department is starting to do the same thing. Interior Secretary Deb Haaland, a native American member from New Mexico where she once was a member of the U.S. House of Representatives, …
Expansion of Oklahoma’s turnpike system is unveiled
Oklahoma is planning an expansion of its turnpike system. The Oklahoma Turnpike Authority announced this week a $5 billion eventual bond project to finance a 15-year expansion of the toll roads in the state. The Authority intends to request the first $200 million in bonds from the Oklahoma Council on Bond Oversight at the …
Fourth quarter loss reported by HollyFrontier
Refinery operator HollyFrontier Corporation reported a fourth quarter net loss to stockholders of $39.5 million or 24 cents a share. With refineries in Kansas, Oklahoma, New Mexico, Washington and Utah, the company said the loss compared to $117.7 million or 73 cents a share a year earlier. The fourth quarter results reflect special items that …
Dallas Federal Reserve Bank study finds issues with EVs
A new study by the Federal Reserve Bank of Dallas has a note of caution about electric vehicles even as EVs are gaining ground among consumers. The report released this week said yes, EV’s are making advancements in sales, but they still face price, range and charging constraints. The bank said EVs “have …
Fourth Quarter growth doesn’t mean Laredo Petroleum will expand exploration
Laredo Petroleum, Inc. reported it not only increased its average daily oil production and proved reserves in the fourth quarter of 2021, it also recorded net income attributable to common stockholders of $216.3 million, or $12.84 per diluted share. But the company, like others, is not rushing headlong into expanded drilling operations and oil production, preferring …
Russian crisis prompts Rep. Bice to call for Biden to let oil and gas produce
At least one Oklahoma U.S. Representative says the crisis in Ukraine is reason enough for the Biden administration to allow U.S. oil and gas companies return to full production capabilities. Republican Congresswoman Stephanie Bice, in a statement over the President’s announced economic sanctions on Russia said it’s imperative the Administration “remove its punitive regulations on …