Attorney General Gentner Drummond is commending the New York Stock Exchange for listening to him and his fellow attorneys general by withdrawing a proposed rule change that would have allowed the listing of “Natural Asset Companies” (NACs) on the exchange. Drummonded described NACs as a “novel corporate structure” designed to take land off the …
The U.S. Geological Survey admits it is not in the business nor the practice of predicting where and when earthquakes will occur in the U.S. But the agency that is familiar to Oklahomans because of the number of oilpatch-related earthquakes in the past several years, recently issued new maps of the U.S. showing areas …
A recently-announced $70 million grant from the Biden administration is expected to result in the first hydrogen fuel stations at Texas truck stops within five years. The plan by the North Central Texas Council of Governments, which includes Dallas-Fort Worth, calls for the hydrogen stations will be located at existing truck stops within the …
**A Virginia lawmaker introduced a bill last week that, if passed, would prohibit the utilities Dominion Energy and Appalachian Power from charging customers for many of their political activities. The bill, HB 792, would bar Virginia’s investor-owned electric utilities from charging their customers for their dues to trade associations, lobbying of government officials, advertising and other …
Thursday brought higher crude oil prices after the IEA joined OPEC in predicting strong growth in global oil demand and there was a big weekly draw in crude oil inventories in the U.S. and the Cushing Hub. Crude oil traders also expressed more concern about the risks in the Middle East. West Texas Intermediate …
Oklahoma City sent out an alert late Thursday asking for its city water users to begin conserving water because of continued higher-than-normal demand on the water system over the past five days. The request came from the Utilities Department which indicated that during the winter season, when overall water demand is lower, it takes …
Plans to ship Utah’s Uinta Basin crude oil on a rail line through Colorado and eventually to Oklahoma’s Cushing hub just got harder—if not impossible. The proposed Unita Basin Railway Project was fought by western Colorado Counties who feared train derailments could cause environmental catastrophes. This week, the U.S. Forest Seervice withdrew a federal …
The sale of a Sallisaw company, SLW Automotive, last August, led this week to a further announcement of the layoff of an estimated 150 employees on April 1. It was taken over by a Chinese company. Jeffrey P. Addison, VP GM North America and Europe gave a WARN notice to the Oklahoma Office of …
The response and recovery efforts by OG&E crews to a June 2023 storm that caused widespread damage result in the Oklahoma utility receiving an Edison Electric Institute Emergency Response Award. Despite the severity of the storm, more than 4,000 personnel worked around the clock to get every customer’s power back up and running as …
Oklahoma City councilman Bradley Carter was named this week to the National League of Cities’ 2024 Energy, Environment and Natural Resources Federal Advocacy Committee. He will serve a one-year term and be part of the effort of cities across the U.S. advocating for solutions to energy and environmental issues. The Oklahoman reported that Carter, …
