Yet another electric rate increase? Yes—-and it’s a topic of discussion on Scott Mitchell Talks Energy with Jerry Bohnen. Plus an allegation of a “whitewash” regarding the 2021 winter storm investigation and the plaintiff’s lawyer in the ESG case fires back at the AG.
July 15, 2024 archive
Trump’s VP pick, Sen. J-D Vance agrees with his energy stances
Ohio U.S. Sen. J.D. Vance is former President Trump’s running mate—picked Monday just two days after Trump survived an assassination attempt in Pennsylvania. But what do we know about Vance and his stands on energy? Politico’s The Hill reported Vance, the Republican from Ohio, is closely aligned with Trump when it comes to climate …
OGE line workers contribute more power restoration in Houston
Oklahoma Gas and Electric company reports its 105 line workers helping bring power back to Houston residents hit hard by Hurricane Beryl manage to restore about 1,500-customers a day. An update from the company stated that thousands have seen restoration of electric power, thanks to the utility offering CenterPoint Energy which at one point …
Oklahoma energy stocks recorded gains on Monday while crude prices slipped
A slight drop in crude oil prices on Monday sent Oklahoma energy stocks up for the day with some firms recording 6% gains. What caused the small slide? Investors displayed their concerns about demand from top importer China. It was enough to offset U.S. economic news,OPEC+ supply restraint and ongoing Middle East tensions, reported Reuters. …
Dueling legal motions grow in ESG lawsuit
The filing in which Attorney General Gentner Drummond was accused of “manufacturing” statements in his defense of State Treasurer Todd Russ in a lawsuit stemming from the state’s anti-ESG Act was made available over the court’s filing system. It represents the growing number of motions that would make a case for “dueling” motions in …
June saw a drop in gross production tax revenue in Oklahoma
A recent federal bank survey that indicated a continue slump in oil and gas activity in June in Oklahoma and other nearby states was confirmed by a new report from the State Treasurer’s office. Treasurer Todd Russ reported Monday gross production tax revenues in June totaled $83.1 million, a decline of $4 million or …
Another OGE rate hike request will be heard by state regulators
Oklahoma Gas and Electric Company is asking for yet another rate hike on top of the 7% hike that took effect July 1 as the corporation commission is still deliberating final approval. The newest rate hike request would bump monthly bills by approximately $3.45 cents more as the utility complies with Corporation Commission rules …
Commissioner still contends “whitewash” is underway of 2021 winter storm bond scandal
With approximately six months remaining before he is term-limited at the end of his sixth term as Corporation Commissioner, Bob Anthony is not about to ease up on his criticism of his two fellow commissioners and the commission staff over the 2021 Winter Storm Bond deals for four utilities. He again displayed his belief …
Senator Mullin focuses on protecting electric grids at military installations
Oklahoma U.S. Sen. Markwayne Mullin joined Nevada Democratic Sen. Catherine Cortez Masto in introducing an Act to make more secure the nation’s defense infrastructure and electric grids at military bases. Together, the two Senators introduced what they named the Guaranteeing Resilient Installations for Defense (GRID) Act. Its goal is to strengthen the electric grids …
Southwest Power Pool moves ahead with expansion plans
Arkansas Business did a recent deeper dive into the efforts of the Southwest Power Pool to expand its footprint beyond Oklahoma and the 13 other states that currently make up the power distribution system. OK Energy Today has reported in recent weeks about the SPP project to include other states as part of its …
- 1
- 2