March 2, 2023 archive

Winter securitization impact explored by KFOR TV

  The securitization OK Energy Today has been reporting about for the past 2 years and the controversial impact on consumer utility bills caught the attention this week of KFOR News. The Oklahoma City TV station carried a special report entitled “What Securitization has done to your energy bills?” Reporters put more questions to state …

Continue reading »

Governor’s Secretary of Science to leave cabinet

  Oklahoma Governor Kevin Stitt is losing his Secretary of Science and Innovation. Elizabeth Pollard, who was named to the position in 2020 turned in her resignation this week to become president of OSU Cowboy Technologies. Click here for McCarville Report  

Oklahoma Attorney General indicates second thoughts about storm costs

  In a brief confirmation, the Oklahoma Attorney General’s office said it was finally looking into the billions of dollars added to consumers’ costs of gas and electric bills because of the 2021 winter storm. It raises the question if the AG changed his mind whether to look into the high gas costs. A spokesman …

Continue reading »

Enviros upset how Colorado still depends heavily on coal for electrical power

  New information from the federal government left Colorado environmentalists in a frenzy. It shows their state is not keeping pace with neighboring states toward a renewable energy economy and allowing coal to be its remaining dominant source of electricity generation. The conclusion by the Center for Biological Diversity was based on data from the …

Continue reading »

New Mexico marches along with plugging of abandoned oil wells

  Using federal money from the Biden administration’s Infrastructure Investment and Jobs Act, the state of New Mexico launched its plugging of abandoned wells in September of last year. Since then it managed to plug 23 orphan wells according to the Carlsbad Current-Argus. The paper reported that in the past five years, New Mexico’s Energy, …

Continue reading »

Regulated utilities and the money they spend on Corporation Commission candidates

  A bill in the Kansas legislature would make Corporation Commissioners be elected statewide and no longer be appointed by the governor. It would follow what Oklahoma has done for decades—force candidates to gather money and run for the office. But the Senate Bill 88, the one considered in Kansas would also include a proposed …

Continue reading »

Unit Corp’s President and CEO to step down but remain as Chairman

Unit Corporation’s Philip B. Smith is stepping down as President and CEO of the company, positions he held since October of 2020. Smith plans to continue serving as Chairman of the board of Unit. In making the announcement, the company stated his decision to step down was a desire to spend more time working on …

Continue reading »

Sen. Lankford agrees with House in opposing Biden’s ESG investment rule

  Senator James Lankford (R-OK)supports a Congressional Review Act (CRA) resolution of disapproval that would prevent President Biden from implementing a rule that would politicize Americans’ retirement investments in favor of Biden’s Green New Deal, also known as Environmental, Social, and Corporate Governance (ESG) investing. The resolution of disapproval passed in a vote of 50-46. …

Continue reading »

Sen Mullin says WOTUS is nothing but “bureaucratic overregulation and red tape”

  Oklahoma U.S. Sen. Markwayne Mullin says he knows what he’s talking about in calling the EPA’s WOTUS rule “bureaucratic overregulation and red tape.” He experienced it as a small business owner and said the overregulation and red tape can threaten or even destroy a business. Writing in his latest “Mullin it Over” column, the …

Continue reading »