The Presidents’ Day holiday put a dent in oil prices on Monday but they still managed a 1% gain for the day, due to increased optimism over Chinese demand and continued production curbs by major producers. Global benchmark Brent crude rose $1.07 or 1.3% to settle at $84.07 a barrel on ICE Futures Europe.
February 20, 2023 archive
Record earnings reported by Williams Cos.
Increased income for the quarter and all of 2022 was reported this week by Williams Cos. Adjusted net income was $2.228 billion or $1.82 per diluted share, an increase of 34% compared to 2021 announced the Tulsa company. Adjusted EBITDA was $6.418 billion, a gain of $783 million or 14% over the previous year. …
Whew! Oklahoma motorists got a gasoline price break
Rising gasoline prices took a break in the past week in Oklahoma and were flat, going up only one cent to a new average of $3.08 per gallon according to AAA. Nationally, prices were unchanged with an average of $3.41 per gallon and only two cents more than a month ago. Oklahoma’s average …
Oklahoma regulators to focus on rule making changes
Oklahoma Corporation Commissioners plan two meetings on Tuesday, one a special meeting and the other a regular meeting. The 9:30 a.m. meeting will focus on rule making proposed by the staff. The afternoon meeting at 1:30 will also deal with some proposed rule changes. They will apply to the Gas & Hazardous Liquid Pipeline …
Increased wildfire chances in Oklahoma
The Oklahoma Department of Agriculture and its Forestry Services Division anticipate increased chances of wildfires on Tuesday. “Fire danger will ratchet up across much of western Oklahoma with the highest fire danger indices developing late in the afternoon in northwestern Oklahoma ahead of a stronger cold front,” stated the Forestry Services in a notice …
Legislative bills target wind blade recycling and energy discriminating investors
A handful of legislative bills regarding Oklahoma’s environment and energy will be considered Wednesday by members of the House Energy and Natural Resources Committee. Among them, measures targeting wind turbine blade recycling, investors of state retirement system accounts and price-gouging exemptions. One such measure, HB1982 by Rep. Brad Boles of Marlow, would eliminate certain …
Wyoming’s increased wind farms is killing more bald eagles
A wildlife biologist who worked for more than 30 years for the U.S Fish and Wildlife Service contends the number of bald eagles killed by wind farms in Wyoming is under-reported. And he’s not alone in making his claim. It’s particularly worrisome for Mike Lockhart as more wind farms are being planned and constructed …
Findings show FERC influenced by climate activists
Maybe the Federal Energy Regulatory Commission isn’t so independent as we’ve been led to believe. Recently released emails, Zoom calls, Zoom chats, text messages and more show how FERC apparently is getting a lot of political input and environmental guidance from climate activists. They came from the Institute for Energy Research reported Real Clear …
New Mexico makes another renewable energy move
New Mexico is closer to adopting a move to create a new state renewable energy office. The state’s House of Representatives voted last week to pass a bill to institutionalize renewable energy production at the New Mexico Land Office reported the Los Alamos Daily Post. Click here for Daily Post
Keeping tabs on what they’re doing with our electricity rates
Oklahoma legislators want to tinker with the way electricity rates are regulated and as OK Energy Today has reported, one such controversial proposal is the deregulation of such rates. It is HB 1602, by Rep. Ryan Martinez (R-Edmond) whose bill is already opposed by OG&E and one electrical power group. NON Doc, the political …
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