November 2023 archive

Sen. Mullin criticizes big tech for not paying fair share of broadband services

( Photographer: Al Drago/Bloomberg via Getty Images)  U.S. Sen. Markwayne Mullin says the “sky’s the limit” if and when rural Oklahoma is able to have access to expanded broadband service and reliable high-speed internet. Writing in his latest “Mullin It Over” column, the Republican Senator stressed the importance of achieving high-speed internet service for rural …

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Large solar farm to be built in southern Arkansas

  Some 700 acres in southern Arkansas are soon to be the site of a 100 Megawatt solar project. Primergy Solar recently obtained commitments for $300 million in debt finance and tax equity investment for the Prairie Mist solar project located near Crossett, Arkansas. Prairie Mist will be the first step in construction of an …

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Activist wants seats on Phillips 66 board of directors

  An activist investor wants to use a $1 billion stake in Phillips 66 to demand two seats on the board of directors—and the name is not Carl Icahn. Instead, it is the effort of Elliott Investment Management, which according to reports, sent a letter to the company’s board , saying it can improve economics …

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Energy updates

** A next-generation geothermal plant backed by Google has started sending carbon-free electricity to the grid in Nevada, where the tech company operates some of its massive data centers. On Tuesday, Google and geothermal developer Fervo Energy said that electrons began flowing from the first-of-a-kind facility earlier this month reported Canary Media. ** Electricity in Kentucky is about to …

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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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