July 8, 2024 archive

Ceremonial signing to be held for new Home Insurance Act

The legislators who were responsible for the creation of the Strengthen Oklahoma Homes Act will join State Insurance Commissioner Glen Mulready for a ceremonial signing of the bill on Tuesday morning. Rep. Mark Tedford, R-Tulsa will be a part of the 11 a.m. ceremony in the Governor’s Blue Room, the second floor of the State …

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Devon Energy expands Williston Basin holdings with $5 billion acquisition

  Oklahoma City’s Devon Energy just expanded its holdings in the Williston Basin and strengthened its position for at least the next ten years with a $5 billion acquisition of assets from Houston’s Grayson Mill Energy. Devon announced Monday the acquisition, consisting of $3.25 billion in cash and $1.75 billion in stock to the sellers, …

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Tax credits to be used for western Oklahoma solar power project

  A new development has occurred in the first solar power contract for the Oklahoma Municipal Power Authority. The North Fork Solar Solar Project under development by Recurrent Energy, a subsidiary of Canadian Solar, in western Oklahoma’s Kiowa County, will use $103 million in tax credits. Recurrent recently signed the agreement with Bank of America, …

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Energy briefs

** Rail cars carrying hazardous materials derailed in North Dakota on Friday and caught fire, the latest train derailment in the U.S. as concerns over railroads remain high. Twenty-nine cars of a Canadian Pacific Kansas City (CPKC) train derailed around 3:45 a.m. in a marshy area surrounded by farmland that’s about 140 miles northwest of Fargo, according to Andrew Kirking, …

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Growing opposition to wind and solar farms and EVs

A new study finds waning support for renewable energy and EVs. The findings are from the Pew Research Center which concluded the support is slipping because Republicans are not enthusiastic about electric vehicles. Bloomberg News reported four years ago, there was 90% support for solar farms, but it has dropped to 78%. Wind farm support fell …

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Xcel proposes $1.9 billion fire mitigation plan

    First there was the Colorado wildfire that burned more than a thousand homes and killed two people. Then 300 lawsuits were filed against Xcel Energy. More suits are coming in the wake of the Texas Panhandle fire which burned more than a million acres of land in Texas and western Oklahoma. Xcel responded …

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Louisiana’s Cancer Alley might be more dangerous than first thought

  Louisiana’s so-called “Cancer Alley” might be far worse than originally thought. At least that’s according to environmental engineers from Johns Hopkins University whose recent study of air quality for pollutants in southeast Louisiana discovered the ethylene oxide gas produced in the industrial areas is more more toxid than believed. The researchers discovered that levels …

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