A northern Electric Cooperative has quietly removed its CEO Jeremiah Sloan and replaced him with a new interim boss. The change in leadership put Jeremiah Sloan out of a job as head of the Craighead Electric Cooperative. He’s been replaced by Mel Coleman, CEO of the North Arkansas Electric Cooperative and Coleman is pulling …
September 2024 archive
Oil and gas groups angry over federal judge’s ruling against Gulf of Mexico oil and gas operations
The Maryland Federal Judge’s ruling to vacate approval of some oil and gas drilling operations in the Gulf of Mexico has angered several oil and gas and energy groups. Six of them came out Tuesday opposing U.S. District Judge Deborah Boardman’s recent decision to vacate the 2020 Gulf of Mexico Biological Opinion, a ruling they …
Status unknown of investigation into Corporation Commissioner
Exactly where the investigation stands into allegations of drunkeness and sexual groping of a man by Oklahoma Corporation Commissioner Todd Hiett is a tightly held secret. Melvin C. Hall and and Don Bingham of the Oklahoma City law firm of the law firm of Riggs, Abney, Neal, Turpen, Orbison, & Lewis were hired last month …
AARP Town hall to focus on latest rate hike requests of OGE and PSO
Just as we reported this week about the expanding growth of utililty rate hikes around the country, AARP Oklahoma announced it intends to host an interactive telephone town hall and focus on rate hike proposes from two of the state’s largest utilities. The September 17 townhall, starting at 10 a.m. will take aim …
Mitchell Talks Energy puts the spotlight on growing electric rates
Electricity bills are growing, not just in Oklahoma but across the country. They got the attention of Scott Mitchell and Jerry Bohnen in our latest podcast of Mitchell Talks Energy with Jerry Bohnen.
Heavy electricity use by Colorado pot growers forces Xcel Energy to ask for more funding
Pot growers in Colorado are using so much electricity, it’s left one major utility asking for more funding from a state program that funds business customers’ efficiency upgrades. Xcel Energy says it’s already spent most of its current budget on indoor cannabis growing operations. As a result, the utility suspended all programs for …
Energy briefs
** The Biden administration is approving a major electric power transmission project as well as a solar project in Nevada, it announced Monday. The Greenlink West Transmission Project will create a system of new power lines from North Las Vegas to Reno. When completed, the project could transmit enough energy for 4.8 million homes. ** U.S. House representatives from …
Crude oil plummets to lowest levels in 3 years
Crude oil prices hit their lowest level since December 2021 after trading ended on Tuesday. Each fell nearly 4%. It came after OPEC+ reconsidered and lowered its demand forecast for 2024 and 2025, a move that offset supply worries from Tropical Storm Francine, according to Reuters. The final results? West Texas Intermediate crude dropped $2.96 …
OGE crews called for hurricane help in Louisiana
OG&E crews are off on another rescue mission—this time to help support the Entergy utility company in Louisiana as it braces for the arrival of Tropical Storm Francine which could grow to a Category 1 hurricane by Wednesday afternoon or evening. The storm could carry up to 100 mph winds when it makes landfall. …
EIA anticipates return to $80 oil
Will crude oil prices rebound back into the $80 range? The U.S. AEnergy Information Administration thinks so. The EIA came out this week with its review of oil prices and stated it expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on …