January 2023 archive

New Mexico legislature asked to end oil and gas production by 2034

An end to oil and gas drilling in 11 years? It’s what more than 50 Indigenous, environmental and social justice groups want to happen in New Mexico. They called on Gov. Michelle Lujan Grisham at the start of the 2023 legislative session, to promote science-based climate legislation to phase out oil and gas production by …

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Did renewable energy fail or succeed in recent U.S. winter storm?

    A report suggests that perhaps renewable energy did better than expected last month when Winter Storm Elliott brought extreme cold weather, winds and storm to a large part of the nation. While some reports said the nation’s renewable energy sources failed and resulted in rolling blackouts, others indicated they exceeded expectations reported the …

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Amarillo lawsuit targets Biden administration’s ESG policy

  More than two dozen states filed suit in Amarillo, Texas against the Biden administration over its ESG policy and how it might affect the savings of an estimated 152 million Americans. Oklahoma was not one of them. The lawsuit, reported by Just The News, charged the Labor Department created a rule prioritizing “woke” Environmental, …

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Kansas legislature targets wind farm’s blinking red lights

  Blinking red lights atop western Kansas wind farms are now the topic of legislation in Kansas. Senators in the state legislature are considering a bill to control when the red lights are activated, this after residents complained how they were annoyed by the lights reported the Kansas Reflector. Click here for Kansas Reflector

OGE mobilizes work crews in preparation for this week’s winter storm

  Oklahoma Gas and Electric has hundreds of employees on standby as the state is hit with the latest winter storm that could cause power supply issues due to ice accumulation. The company announced Monday that it staged materials and equipment in Ardmore, Ada, Durant, Fort Smith and the Oklahoma City metro area. It also …

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Canoo to provide EVs to Saudi Arabia

  EV maker Canoo, the company with development of manufacturing plants in Pryor and Oklahoma City, announced it is widening sales to Saudi Arabia. It is the latest announcement of expanded sales and production for the company. The company said it signed an exclusive agreement with GCC Olayan (General Contracting Company) which is a leading …

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Tulsa coal company announces record 4Q revenue

    Any time a company reports a 48% gain in quarterly revenue and a nearly 314% jump in net income, executives are happy. Such is the case at Alliance Resources headquartered in Tulsa where Joseph W. Craft III, Chairman, President, and Chief Executive Officer called it a ” testament to our team’s ability to …

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Energy headlines

** The five biggest oil majors in the world are expected to report record profits for 2022 in the coming days, for around $200 billion in combined yearly earnings thanks to the jump in oil and gas prices last year. ** Exxon Mobil Corp disclosed on Monday its plan to start operations at its large-scale …

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Study–cheaper to drive a gas-powered car than EV

  Owners of electric vehicles got some shocking news this week. They were told their EVs actually cost more to drive than traditional gas-powered cars according to a consulting firm. Fox Business News reported the declining price of gasoline resulted in a lower cost for most Internal Combustion Engine vehicles. Click here for Fox Business News

Number of utility power cutoffs grows across US

  A new report says electricity was cut off more than 1.5 million times last year as consumers struggled with soaring bills according to environmental and clean energy advocates. In other words, Oklahomans were not alone in facing one increase after another. Bloomberg reported the increase came as US consumers wrestled with a 14% increase …

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