Tulsa’s major coal company, Alliance Coal, LLC made recent changes for new credit of $425 million. The company announced it entered into a credit agreement with various financial institutions including PNC Bank, National Association as administrative agency. The agreement not only provides for a $425 million revolving credit facility, but a sublimit of $15 …
January 23, 2023 archive
Oil and gas group in Texas fights possible ban of gas stoves
The Texas Oil and Gas Association recently launched a petition drive against any proposed ban of gas stoves. This is what its alert stated: “The U.S. Consumer Product Safety Commission is considering a ban on natural gas stoves, a decision that would affect a wide range of Americans as over 40% of households use …
Whopping jump in natural gas bills hits everyone
You think your increased gas bill is an anomaly? Probably not. And if your recent home heating bill stunned you, consider the 56% increase in natural gas bills in New Mexico. That’s 56% more than a year ago according to the Albuquerque Journal. Click here for Albuquerque Journal
Legislator targets public utilities to be better prepared for severe winter storms
Oklahoma state Senator Nathan Dahm wants public utilities in Oklahoma to do more to protect their infrastructure from the kind of 2021 winter storm events that led to securitization and increased long-term expenses for consumers. He’s filed Senate Bill 204 that if approved, would force those utilities to “take strategic action to proactively prepare …
Oil and gas industry workforce grows in Texas
The number of people employed in the oil and gas industry in Texas keeps growing. New figures from the Texas Workforce Commission indicate the sector added 1,300 jobs in December reported the Odessa American. Click here for Odessa American
OKC pushes forward on franchise fee fight with Oklahoma regulators
Oklahoma City’s franchise collection fight with the Oklahoma Corporation Commission is still alive before the State Supreme Court. The most recent development was a request by the City to exceed a page limit created by the court. The city contends the limit doesn’t allow the court to consider all of the facts and details …
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