An Oklahoma state agency has approved a plan to use the next two years of payroll taxes from the Michelin tire manufacturing plant in a move to perhaps convince another firm to replace Michelin. It was three weeks ago when Michelin announced it planned to close the tire plant in 2025. The Oklahoma Development …
Buc-ees announced it is partnering with Mercedes-Benz HPC North America to bring a network of premium charging stations for electric vehicles to some of its travel centers. With most Buc-ee’s centers located in Texas, the offering will be seen there. The company said it plans to open its EV offering at key markets by …
Democrats joked about an Oklahoma judicial nominee who stumbled in providing answers to Louisiana Republican U.S. Sen. John Kennedy during a Senate Judiciary Committee hearing. Sara Hill, a former Cherokee Nation Attorney General who could become the first Native American woman to be a federal judge in Oklahoma, didn’t fare well in being questioned …
Ercot, the Texas electricity grid is facing a potentially serious problem this winter—not enough electrical power to deal with severe storms. The Electric Reliability Council of Texas didn’t receive enough offers in its effort to procure up to 3,000 megawatts for December through February. It only received 11.1 megawatts of offers from consumers who …
** The Biden administration has proposed limiting environmental reviews surrounding power lines, large-scale batteries and solar farms as part of a larger effort to develop more renewable energy. The Energy Department said it is proposing the changes “to promote the development of clean energy and supporting infrastructure.” ** Chevron Corporation (CVX) is in the initial stages of evaluating …
The question at the start of a new week of trading will be whether crude oil prices can maintain the 4% gains they recorded on Friday. Oklahoma energy stocks also recorded moderate gains to finish the week’s trading. Crude prices on Friday rebounded from a four-month low on Thursday, thanks to some extent to U.S. …
