November 28, 2023 archive

Rep. Lucas to lead House committee vote on technology and space bills

  Oklahoma Congressman Frank Lucas and the House Science, Space and Technology Committee he chairs will vote Wednesday on the final passage of two bills. LEGISLATION TO BE CONSIDERED: H.R. 6213, The National Quantum Initiative Reauthorization Act Reauthorizes the National Quantum Initiative Act ensuring continued U.S. leadership in quantum technology. View the Executive Summary, Section by Section, …

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Attorney General tight-lipped about his price gouging investigation

  It remains to be seen or admitted by Oklahoma Attorney General Gentner Drummond what really prompted him to suddenly expand his investigation into the market manipulation of natural gas prices during the 2021 winter storm Yuri. Drummond isn’t talking about any details regarding the subpoena he issued to the Oklahoma Corporation Commission. The agency …

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EV charging station rules to be considered by regulators

  Oklahoma utility regulators will meet Thursday afternoon to adopt new rules regarding electric vehicle charging stations across the state. The matter is on the agenda for the 1:30 p.m. meeting of the Corporation Commission. The proposed rules will apply to those who maintain or operate public EV charging stations. Just as service station operators …

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State Insurance Department warns of phony holiday package protection

Yes, there are real Scrooges out there this Christmas. Just ask the Oklahoma Insurance Department as it issued a warning to consumers to be aware of unlicensed insurance providers offering “package protection” that includes stolen-item protection.  These providers facilitate the unauthorized sale of insurance, which can cost consumers money while not providing protection for stolen …

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Crude oil recorded gains while OK energy stocks floundered

Crude oil up, natural gas down and Oklahoma energy stocks incurred moderate losses. It was the outcome of Tuesday’s trading as crude oil rose about 2% as speculation grew that OPEC+ will deepen its supply cuts when it meets this week to consider 2024 production targets. West Texas Intermediate crude in the U.S. gained $1.55 …

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House hearing focused on who’s employed and who’s not in Oklahoma

  They call it “workforce participation” and its simple definition is the percentage of the population that is either working or actively looking for work. It was also the subject of a recent interim legislative study held by Tulsa Rep. Mark Tedford before the House Business and Commerece Committee. “In my short time as a …

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Group is critical of FERC for not enforcing competition in transmission line construction

  A national organization opposed to the Right of First Refusal for utilities in the construction of major transmission lines released a new report claiming the refusal of the Federal Energy Regulatory Commission to enforce competition amounts to a $277 billion electricity price hike. The issue of ROFRs or Right of First Refusal is under …

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New Mexico Congresswoman seeks reauthorization of broadband funding

  As the Oklahoma Broadband Office moves ahead with efforts to seek input on how to spend $374 million on rural broadband projects, the state of New Mexico wants more funding for its projects. Congresswoman Melanie Stansbury recently introduced legislation to reauthorize a broadband grant program and refocus on rural communities, reported the Albuquerque Journal. …

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Headlines

** Gasoline prices have fallen for 60 consecutive days — the longest streak of declines in more than a year — letting American drivers pass on savings at the pump to consumer retailers during the US economy’s all-important holiday season. ** The Biden administration on Tuesday auctioned off 35,000 acres (14,164 hectares) of land in Wyoming …

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Nation’s utility regulators to focus on natural gas and electricity production

    At a recent national convention where Oklahoma Corporation Commissioners were on hand, the trade group, the National Association of Regulatory Commissioners launched a new initiative which will have an impact in Oklahoma and all other states and territories with utility regulators. Called the Gas-Electric Alignment for Reliability program, its intention is to bring …

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