President Biden on Thursday shelled out more money for his love of electric vehicles, announcing nearly $2 billion in grants to GM, Fiat Chrysler in an aim to restart or expand their EV manufacturing. The money also has a political intent—it’s going to EV plants in eight states considered presidential battlegrounds where Biden has …
July 2024 archive
Mustang legislator named to Governor’s Workforce Council
Rep. Brian Hill, R-Mustang, has been appointed by House Speaker Charles McCall, R-Atoka, to the Governor’s Council for Workforce and Economic Development. The Council facilitates statewide efforts to improve Oklahomans’ exposure to high-demand career opportunities, as well as works with industry leaders to ensure education and training opportunities deliver the skills needed by employers. “Right …
Red-faced Colorado Congresswoman over court ruling?
Colorado Congresswoman Lauren Boebert had the tables turned on her this week as she pressed EPA Administrator Michael Regan during a House Committee hearing. Her questioning of Regan displayed her lack of understanding of the recent U.S.Supreme Court ruling that overturned the so-called Chevron decision. It also allowed Regan and a New York Democratic …
Energy briefs
** The Biden administration announces $1.7 billion to retool or expand 11 auto plants in eight states for electric vehicle manufacturing, including $500 million for General Motors to convert a Michigan assembly plant. ** Tesla’s share of the U.S. electric car market falls to less than 50% in the second quarter as the popularity of General Motors, …
Already weakened I-70 bridge struck again in western Kansas
An Interstate 70 bridge labeled “structurally deficient” in western Kansas was struck again this week by a truck with an over-height load. The bridge is located in Trego County where WaKeeney is the county seat located west of Hays, Kansas. Debris fell to the Interstate after the collision. KSNW reported it’s unclear whether …
OGE among those helping a Houston utility under fire over Hurricane recovery
(before and after the storm) The 100 or more Oklahoma Gas and Electric workers sent to Houston to help restore power arrived to help a beleagered CenterPoint Energy, a power company that’s facing criticism over its lack of speed in bringing back power after Hurricane Beryl hit the city last weekend. The OG&E workers …
Job growth reported in oilfields
The U.S. oilfield sector saw a gain in jobs during the month of June according to a report from the Energy Workforce & Technology Council. The gain totaled nearly a thousand jobs as the national energy services sector moved to 647,636 jobs across the country. Based on data from the Bureau of Labor Statistics, …
Drop in US crude inventory sent crude prices higher on Wednesday
A larger than expected drop in crude oil and gasoline inventories gave a shot in the arm Wednesday to crude oil prices. They might have risen more but were restricted by some minimal supply disruptions from Hurricane Beryl. West Texas Intermediate crude rose 69 cents or 0.85% to finish at $82.10 a barrel on the …
Two workers still hospitalized following workover rig explosion
The workover rig site where four workers were hurt in an explosion earlier this week near the Grady County community of Bradley was owned and operated by Red Rocks Oil & Gas Operating based in Oklahoma City. The company released a statement, according to News 9 TV, and said the site was the Newby …
Arkansas telecom firms move ahead with $13 billion merger
Arkansas Gov. Sarah Huckabee Sanders and other leaders were reassurred this week that a more than $13 billion merger between Little Rock telecom firms Uniti Group Inc. (Nasdaq: UNIT) and Windstream Holdings Inc. is still on track to create a “national fiber powerhouse.” It’s what Uniti CEO Kenny Gunderman told the state leaders as they gathered for a …