With the July 4th holiday right around the corner, gasoline prices appear to be holding steady in Oklahoma as the statewide average this week was $3.18 per gallon. AAA Oklahoma said the average was only a cent higher than a week ago and 6 cents less than what the average was one month earlier. …
June 26, 2023 archive
Energy quick reads
** BlackRock Inc. Chief Executive Larry Fink — the leader of the world’s largest asset manager — said he won’t use the term “ESG” going forward. Fink, who has advocated for factoring in climate risks when making decisions regarding investing strategies and corporate leadership, said during a conversation at the Aspen Ideas Festival that the term …
Government warns of electricity shortages in heat waves
The U.S. Energy Information Administration issued a statement this week stating that “IF” temperatures spike this summer, there could be shortages of electricity. Well, that “IF’ is here as temperatures in Oklahoma will top the 100 degree mark while parts of Texas have experienced the heat spikes for the past two weeks. Here’s how …
Power of tornado revealed at Wyoming coal mine
Operations at a Wyoming coal mine that took a direct hit Friday night from a tornado are expected to resume Tuesday. Eight persons were injured and the tornado overturned rail cars and destroyed buildings reported the Cowboy State Daily. At least a dozen railcars were flipped off their tracks and other vehicles were tossed …
Demand for electricity to soar as temperatures do the same in Texas
With temperatures edging above 100 degrees or higher this week across Texas, the demand for electricity is expected to break records this week predicted ERCOT, the state’s grid operator. The Electric Reliability Council of Texas believes the demand from its 26 million customers, which represents about 90% of the state’s power load, could hit …
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