Another coup for EV manufacturer Canoo. The Oklahoma City EV maker announced the U.S. Postal Service will purchase six of the battery-electric Canoo vehicles and will take delivery of the right-hand drive versions of the LDV 190 sometime in the first quarter of this year. “Our mission is to make working vehicles for working …
January 2024 archive
Congressman on the mend after run-in with bull
It appears Congressman Frank Lucas has recovered with a run-in about six months ago with a bull that left him with a broken pelvis. The Republican Representative is known for his farming and ranching operation in western Oklahoma and is believed to be the only active such farmer in Congress. The Oklahoman reported this …
Republicans urge Biden to dump new fuel standards that heavily favor EVs
Oklahoma U.S. Sens. James Lankford and Markwayne Mullin were among 43 Senate Republicans and 77 House members who urged the Biden administration this week to dump its proposed fuel economy regulations, something referred to as a de facto electric vehicle mandate. In a letter to the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA), …
Manchin rips White House over latest EV tax credit plans
West Virginia Sen. Joe Manchin launched another attack this week on the Biden administration—this time, over the White House’s broad interpretation of who can qualify for EV charging tax credits. Said Manchin, ” it spits in the face of rural America.” The Democrat Senator issued a statement accusing the White House of going against …
Biden delays large LNG and natural gas projects
President Biden, under pressure from environmentalists, intervened this week in the permitting process for 17 large natural gas projects around the country and delayed a decision on a Louisiana liquefied natural gas export project that would have been the largest in the US. He told the Department of Energy to conduct more climate impact …
Cold weather interrupts major aluminum smelter in Missouri
A major US aluminum smelter located in southeast Missouri is shutting down operations and blaming cold weather. Magnitude 7 runs the second-large smelter in the country and notified state officials it planned to curtail operations by the end of the month. “Due to abnormally cold weather, our operations have been severely impaired to the …
Energy quick reads
** U.S. President Joe Biden on Wednesday vetoed legislation aimed at reversing his administration’s waiver of “Buy America” requirements for government-funded electric vehicle (EV) charging stations, according to a senior U.S. official. ** More than 4,700 auto dealerships across the United States urged President Joe Biden in a letter Thursday to halt the Environmental Protection Agency’s efforts to enforce …
ONE Gas dividend increased in 1Q
The board of directors of ONE Gas, Inc. increased the dividend for the first quarter 2024 by 1 cent per share to 66 cents per share, resulting in an annualized dividend of $2.64 per share. The dividend is payable March 8, 2024, to shareholders of record at the close of business Feb. 23, 2024. …
Attorney General praises Governor Stitt over latest tribal compact agreements
Attorney General Gentner Drummond, who in the past has differed with Gov. Kevin Stitt on Indian tribal issues and the state, came out this week with praise for the governor over his signing three new state-tribal compact agreements. The Governor signed tobacco tax compacts with the Chickasaw and Apache nations and approved a car tag …
Crude prices up after surprise drawdown in oil stocks in US
A surprise drawdown in U.S. crude oil storage, including at the Cushing Hub in Oklahoma, sparked a 1% gain in crude oil prices. There was also a slump in the nation’s crude output and combined with a weaker dollar, prices made the increase. US benchmark, West Texas Intermediate rose 72 cents or an even 1% …
