Buoyed by hopes of rising fuel demand this summer, crude oil prices gained nearly 3% in Monday’s trading and Oklahoma energy stocks did the same. There are also growing expectations that the U.S. Federal Reserve will leave interest rates higher for a longer time. West Texas Intermediate crude went up $2.21 or 2.9% to settle …
June 10, 2024 archive
Rain—the good and the bad in Oklahoma
After four months, the rainfall amounts in Oklahoma range from more than 30 inches in the southeast to slightly more than 2 inches in the Panhandle, according to the Oklahoma Mesonet. Just review the Oklahoma Mesonet map above showing how nearly a third of the state had rainfall amounts in the 20 and 30-inch …
Candidate focuses on Corporation Commission campaign and his health
In his first run for political office, former longtime energy journalist Russell Ray is trying make a connection with voters who are complaining more and more about high utility rates. He is also recovering from a heart attack and quadruple heart bypass surgery a week after he became a candidate. The Duncan Banner reported …
Slow recovery from February wildfires in northwest Oklahoma
More than three months after wildfires burned tens of thousands of acres in western Oklahoma, ranchers, farmers and livestock experts still believe it will take years to recover from the losses. Some are still attempting to replace fencing of their pastures. Others believe there has been a return of some grassland while others have …
Oklahoma Broadband Commission to meet Tuesday
Since hundreds of millions of dollars are at stake in the government funded effort to expand broadband communication throughout the rural areas of Oklahoma, we like to keep you updated on what the Oklahoma Broadband Commission is doing. It will meet Tuesday, June 11 at 10 a.m. at the Harvey Parkway Building, room 105. The …
Brace for higher summer cooling bills
While Oklahoma Corporation Commissioners consider a $332 million rate hike request by Oklahoma Gas and Electric, one supported by businesses and non-profits who were asked by the utility recently to attend a public hearing, a study shows electric bills nationwide will likely increase nearly 8% from a year ago. The National Energy Assistance …
Once devastated by a tornado, Southwest Kansas town becomes a renewable energy model
Since rebuilding after a tornado that nearly wiped the town off the map, Greensburg, Kansas has rebuilt and expanded its dependency on green energy. As homes and businesses were rebuilt following the May 4, 2007 tornado, the town focused on clean energy and became a model for what other communities can do with renewable …
Regulator wants Attorney General to rule on constitutional issues affecting Corporation Commission chairman
Oklahoma Corporation Commissioner Bob Anthony wants Attorney General Gentner Drummond to settle once and for all some constitutional questions raised previously against Commissioner Todd Hiett and his directorship at a Tulsa bank and campaign contributions received by former Commissioner Dana Murphy. In a letter to the Attorney General and publicly filed with the …
Colorado moves to extinguish coal mine fire near Denver
The state of Colorado plans to attempt to finally extinguish an underground coal mine fire that has been burning for decades and is a suspected cause of the 2022 Marshall fire that destroyed a thousand homes and killed two people near Boulder. For the past few months, crews from Colorado’s Division of Reclamation, Mining …
Which areas of US could face electricity supply issues this summer?
With a heat wave already hitting parts of the U.S., a new national study warns parts of the nation could be at risk for electricity supply shortages if electricity demand peaks are higher than expected, or if less electricity is generated than expecting. The warnng comes from the North American Electric Reliability Corporation’s (NERC) …
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