Tuesday’s meeting of the Oklahoma Corporation Commission appears to be a routine “back to normal” kind of meeting. But is it? It’s the focus of discussion in Mitchell Talks Energy with Jerry Bohnen. Click above to view their latest podcast.
August 26, 2024 archive
Libya’s oil production cuts sent crude prices higher Monday
Oil production cuts announced in Libya sent crude oil prices upward by 3% on Monday and was no top of the 2% gains recorded by both benchmarks last Friday. Libya’s reductions added to nagging worries about escalating conflict in the Middle East. Some analysts also say weak oil inventories at Cushing, Oklahoma, the key U.S. …
Evergy hires CFO away from OGE
Evergy’s gain is a loss for Oklahoma Gas and Electric. Evergy,Inc., the Kansas City-based power company with 1.7 million customers in Kansas and Missouri announced the hiring of W. Bryan Buckler to become the company’s executive vice president and chief financial officer effective Oct. 1 of this year. It also means OG&E will …
Lucas and House committee members think Optica leadership changes will ease concerns about Chinese influence
Months after Oklahoma Congressman Frank Lucas and other members of the House Science Committee he chairs expressed concerns about the Optica Foundation receiving millions of dollars from the Chinese-based company, Huawei, their concerns have eased—somewhat. It was in May when Rep. Lucas and Ranking member Zoe Lofgren of California sent a letter to Elizabeth Rogan, …
Feds offer $775 million to 21 states to clean up legacy pollution
Oklahoma is among 21 states recently offered another $775 million in federal funding to clean up abandoned and low-producing oil and gas wells. Oklahoma was offered up to $102.6 million but it’s not confirmed yet whether the state accepted the offer to continue plugging of thousands of orphan wells. OK Energy Today is awaiting …
Heat prompts SPP to issue Energy Emergency Alert
The effects of widespread high temperatures have led to tightening electric reliability conditions in Southwest Power Pool’s (SPP) 14-state service territory in the central U.S. The grid that covers Oklahoma issued an Energy Emergency Alert 1 (EEA1) effective at 12:30 pm central time and until further notice. The declaration of an EEA1 does not …
Southwest Oklahoma remains in an oven
With prospects of a hot lingering summer across the state, it’s no surprise which part of Oklahoma has the highest consecutive days of 100 degree-plus weather. You’re right! Southwest Oklahoma. As the map shows, the extreme southwest corner of the state has gone 14 and 15 straight days of temperatures reaching 100 degrees or …
Energy briefs
** A fire broke out at a parking lot at Rivian Automotive’s manufacturing facility in Normal, Illinois late on Saturday damaging many of its electric vehicles, the U.S. startup said on Sunday. ** The car industry is backing away from rolling out electric vehicles in favor of hybrid options, indicating more defeats to the Biden-Harris administration’s efforts …
$31 million in government funds added toward geothermal development
Another $31 million in government money is being handed out by the Biden administration toward geothermal energy projects. The U.S. Department of Energy announced the funding is part of “Building on President Biden and Vice President Harris’s Investing in America agenda.” The funds are reported to be an effort to advance geothermal energy …
New Mexico power plant towers demolished
After more than 50 years of supplying electricity in northwest New Mexico, the coal-fired San Juan Generating Station exists only as a giant pile of rubble. The four 400-foot tall smokestacks that could be seen for miles around Farmington, came down in a heap on Saturday as demolition was carried out. In the end, …
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