April 22, 2024 archive

Mitchell Talks Energy With Jerry Bohnen—podcast explores energy bills that aren’t really dead

  So you think some of the controversial bills in the Oklahoma legislature including the so-called ROFR/NOFR measure are dead? Think again as this week Scott Mitchell and Jerry Bohnen explain why the term ‘dead for the session’ is untrue and which energy-related bills deemed lifeless in April will likely regenerate in May. Plus a …

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Crude oil prices fell on Monday while Oklahoma energy stocks made gains

Crude oil prices dropped on Monday as investors still feel that despite the tension between Israel and Iran and Israel’s continued war against Hamas, they don’t think there is serious risk to the flow of oil out of the Middle East. West Texas Intermediate crude prices in the U.S. closed down 29 cents or 0.35% …

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Corporation Commissioner wants AG opinion whether agency is obstructing him over public records

  Oklahoma Corporation Commissioner Bob Anthony upped the ante in his fight to obtain public records into his ongoing efforts to investigate what he alleges was wrongdoing and excessive costs of $5 billion in the 2021 winter storm Uri ratepayer-backed bond issues. He asked Attorney General Gentner Drummond on Monday for a legal opinion whether …

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Researchers in New Mexico study ways to store hydrogen

  If the U.S. moves ahead with development of hydrogen as an energy source, there’s a major question of how to store it. Research is underway in New Mexico at the Sandia National Laboratories into examining the use of abandoned natural gas and oil fields to store hydroden underground. The labs, located in Albuquerque have …

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State Turnpike Authority names new Deputy Director

    A new Deputy Director of the Oklahoma Turnpike Authority has been named. T.J. Dill was promoted from being the Authority’s Chief Engineer, a position he held since April 2023 overseeing engineering, construction, maintenance, right-of-way, and utilities along Oklahoma turnpikes. In his new role, he will continue those responsibilities as well as adding new ones …

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$7 billion in solar grants announced by Biden administration on Earth Day

  The Biden administration observed Earth Day on Monday by announcing $7 billion in solar grants—none in Oklahoma. Some critics said it amounted to “pre-election political payouts” to gather support for President Biden’s re-election. It was part of what the EPA called Solar for All grant competition to deliver residential solar projects to over 900,000 …

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Oklahoma AG takes on Big Tech

From the EPA to Big Tech. It’s what Oklahoma Attorney General Getner Drummond moved to this week as he is among 23 attorneys general fighing the immunity that shields Big Tech companies from civil lawsuits. While he has been involved in a handful of legal challenges in recent weeks against the Environmental Protection Agency, Drummond …

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Study shows electricity bills went up last year—but inflation was greater

  Just what utility rate payers who complain about growing electricity bills  probably didn’t want to hear….but according to a new report by the U.S. Energy Information Administration, their electricity bills grew by 2% every month in 2023 but inflation grew faster. In other words, inflation was greater than their increased utility bills. The EIA …

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Energy briefs

** The chip powering the Mate 60 Pro phone of sanctioned Chinese company Huawei is not as advanced as American chips, U.S. Commerce Secretary Gina Raimondo said on Sunday, arguing that it shows U.S. curbs on shipments to the telecoms equipment giant are working. ** In 2018, Akron-based FirstEnergy donated $2.5 million to a Republican Governors Association-affiliated …

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AARP plans to update members about one of the latest possible rate hikes

  AARP Oklahoma plans an update this week to its members regarding some of the latest utility rate hike requests before Oklahoma Corporation Commissioners. A virtual conversation is scheduled on the AARP Oklahoma Facebook page on Thursday, April 25, at 11 a.m. to discuss AARP Oklahoma’s advocacy work. AARP Oklahoma State Director Sean Voskuhl and AARP Oklahoma …

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