Gasoline prices in Oklahoma and across the U.S. rose slightly this week, reaching a new national average of $3.41 a gallon and an average of $3.07 in the state. AAA reported the national average rose 6 cents a gallon from a week ago and is only 4 cents lower than the $3.45 average recorded …
March 7, 2023 archive
House approves bill to allow natural gas price jumps in emergencies
The Oklahoma House passed a bill this week to add natural gas to the list of exemptions from the anti-price gouging restrictions. HB2561 by Moore Rep. Mark McBride was approved on a vote of 81-12. As Fox 25 News reported, the measure would essentially allow the price of natural gas to increase over 10% …
NASA’s ESG angers Republicans on Senate Committee
NASA’s new requirements that contracts disclose their greenhouse gas emissions data angered the 13 Republicans who sit on the Senate Commerce, Science and Transportation Committee. Led by Texas Sen. Ted Cruz, they wrote to the National Aeronautics and Space Administration (NASA) to express concern over a recent climate rule that could impact the agency’s mission. …
T-Boone Pickens’ Texas ranch sold
It took five years, but the Texas Panhandle ranch once owned by the late Oklahoma-bred oilman T. Boone Pickens finally sold. The sales price was far from the original asking amount for the 65,000 acre ranch in Roberts County, located about 85 miles northeast of Amarillo. The Mesa Vista Ranch, as it was called, last …
Texas to price $3.5 billion in bonds to pay for 2021 winter storm utility costs
Just like Oklahoma did following the 2021 winter storm Uri, Texas also passed a law allowing utilities to securitize their storm costs. The only difference is, Oklahoma acted faster on the deal than Texas. This week, the Texas Natural Gas Securitization Finance Corp. plans to price a historic $3.5 billion transaction to bail out …
Energy briefs
** A nuclear power plant in Georgia has begun splitting atoms in one of its two new reactors, Georgia Power said Monday, a key step toward reaching commercial operation at the first new nuclear reactors built from scratch in decades in the United States. ** U.S. regulators sent another list of questions to Freeport LNG on …
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