September 2023 archive

Canoo Falls to Lower Tier of Nasdaq Due to Compliance Issues

Canoo Inc. has transferred its securities from the Nasdaq to a lower tier of the exchange after falling out of compliance with listing requirements. The transfer to the Nasdaq Capital Market was completed at the opening bell on Monday morning. Canoo will continue to trade under the “GOEV” ticker. According to a U.S. Securities and …

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Clearwater Enterprises Wins Bid as 2024 NOPFA Gas Supplier

Bids from gas suppliers for 2024 were opened in the meeting of Northeast Oklahoma Public Facilities Authority on Sept. 18, according to a news release issued by Lee Guthrie of the Tahlequah Daily Press. Two vendors presented the bids from natural gas suppliers for 2024. Mackenzie Haff from BlueMark Energy and Jason Turk with Clearwater …

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Congressman Frank Lucas Goes All In to Meet Goals of CHIPS and Science Act

As he continues his recuperation for a broken hip socket from a recent ranching accident, Oklahoma Congressman Frank Lucas participated remotely during Tuesday’s House Science, Space and Technology Committee’s review hearing on the CHIPS and Science Act. He began by laying out his expectations for an informative hearing with productive discussions about the Department of …

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Oklahoma AG Drummond Issues RFPs for Future Legal Action Involving Synthetic Chemicals in Water Supply

Oklahoma Attorney General Gentner Drummond is considering legal action against companies linked to chemicals found in Oklahoma water supplies, according to a news report by The Journal Record. During a news release on Tuesday, Oklahoma’s AG said he may seek the support of statewide law firms in pursuing potential litigation. Per- and polyfluoroalkyl substance (PFAS) …

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ODOT Conducting Pay-Per-Mile Pilot Project to Compare Gas Tax and Capture EV Analytics

The Oklahoma Department of Transportation is conducting a study to determine whether Oklahoma drivers should be taxed per mile instead of at the gas pump. Mindy Ragan Wood with the Oklahoma Voice published an article on Tuesday detailing the Fair Miles Oklahoma pilot project. The project is identified as a pay-per-mile alternative to the existing …

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Enel Triples Operational Utility-Scale Storage Capacity in TX by Adding Five New Batteries

Enel North America announced it has more than tripled its operational utility-scale storage capacity this summer by bringing five new battery energy storage systems (BESS) online in Texas. In a recent press release, the company stated the new batteries add over 369 MW / 555 MWh of dispatchable energy storage to the Texas power grid, helping increase grid …

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CA Legislature Approves Massive Purchase of Electricity to Combat Blackouts

In an unprecedented effort to shore up concerns over the state’s power supply, the California Legislature voted to give Gov. Gavin Newsom’s administration permission to buy massive amounts of electricity, a move aimed at avoiding blackouts while jump-starting the West Coast’s fledgling offshore wind industry. Five companies paid roughly $750 million last year to lease …

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Louisiana Moves Toward Clean Energy as Renewable Energy Gains Momentum

Louisiana is forecasted to accelerate significantly over the coming years, according to a recent article published by Wesley Muller in The Louisiana Illuminator. Historically, the state has lagged behind that of most other states in the clean energy industry. According to a press release issued last week, Louisiana Gov. John Bel Edwards issued a proclamation …

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Trust Co. of Oklahoma Decreases Phillips 66 Holdings

Trust Co. of Oklahoma decreased its holdings in shares of Houston-based Phillips 66 by 27.9% in the 2nd quarter, according to its most recent Form 13F filing with the U.S. Securities Exchange Commission. The firm owned 3,190 shares of the oil and gas company’s stock after selling 1,234 shares during the period. Trust Co. of …

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Gas Prices on the Rise in Oklahoma

Average gasoline prices in Oklahoma have risen 0.8 cents per gallon in the last week, averaging $3.71/g today, according to GasBuddy’s survey of 2,294 stations in Oklahoma. Prices in Oklahoma are 16.8 cents per gallon higher than a month ago and stand 43.7 cents per gallon higher than a year ago. The national average price …

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