The city of Marietta just got another wallop from the April 27 tornado, the one that killed a motorist on I-35 and left the city devastated. The Dollar Tree distribution center that sits along the west side of the Interstate was so badly damaged by the EF-4 tornado, that the company doesn’t plan to …
May 2024 archive
San Juan Basin residents demand cleanup of abandoned oil and gas wells
Residents of the San Juan Basin located in northwestern New Mexico are among those clamoring for the state and others to do something about the large number of abandoned oil and gas wells that dot the landscape. The Albuquerque Journal reported that complicating the matter is how the land is made up of private, …
Corporation Commissioners get an earful from OGE customers about utility’s $332 million rate hike request
While school administrators, economic development directors, and city representatives recently lined up to support OG&E’s $332 million rate hike request, citing the utility as “responsible and reliable,” the on-line comments sent to Oklahoma Corporation Commissioners are a different story. Many comments listed at the Corporation Commission indicated direct opposition by residential customers, many …
Brecheen wants EPA study of mail-in chemical abortion drug
Oklahoma Congressman Josh Brecheen recently joined a handful of others in the House and Senate in raising an alarm about the harmful effects of the chemical abortion drug mifepristone. He and Florida Senator Marco Rubio and 9 others mailed a letter to the Michael Regan, Administrator of the Environmental Protection Agency and inquired about …
ONE Gas annual meeting results announced
ONE Gas revealed results of its recent May 23 shareholders meeting, indicating the size of the company’s Board of Directors was reduced from nine to seven. The reduction came as a result of the retirement of directors Robert B. Evans and Douglas H. Yaeger immediately lprior to the annual meeting. The remaining directors, …
Rubber plant operators say they’ll close under threat of new EPA emissions rules
Operators of a major synthetic rubber manufacturing plant in Louisiana say they will shut down the plant “likely permanently” if they have to meet the government’s new deadline to reduce emissions. Located in the heart of what’s called “Cancer Alley”because of the high cancer rates among nearby Black residents, the Denka Performance Elastomer plant …
Energy briefs
** The Department of Energy’s “moonshot factory” has announced $150 million in funding to transform the American energy system from the ground up. ARPA-E, the research and development arm of the Energy Department, is looking for “open and audacious ideas” that help to build out “this vision of the energy landscape that doesn’t [yet] exist,” …
Parade of OGE supporters heard at $332 million rate hike hearing
The Oklahoma Corporation Commission held a rare public hearing this week, listening to public comments from those for and against the $332 million rate hike requested by Oklahoma Gas and Electric. While some might have anticipated fiery criticism from customers, it turned into more of a Chamber of Commerce style event in support …
Weak US gasoline demand results in tumbling crude oil prices
After climbing 2% on Tuesday, crude oil prices dropped 1% Wednesday, thanks to continued anxiety over weak U.S. gasoline demand. Plus, there was economic data that might spur the Federal Reserve to keep interest rates higher for longer. It also proved to be a weak trading day for Oklahoma energy stocks. West Texas Intermediate crude …
Vital Energy shares results of annual shareholders meeting
Results of Vital Energy’s recent annual shareholders meeting were revealed this week in a filing with the Securities and Exchange Commission. Shareholders approved the election of three directors, Jarvis V. Hollingsworth, Lisa M.Lambert and Lori A. Lancaster. They also voted to appoint Ernst & Young as the company’s independent registered public accounting firm for the …
