A day after crude oil prices dropped more than 6%, they still suffered a decline on Tuesday but only a small one. After word spread that perhaps there might be a de-escalation of Israel’s Lebanon offensive, prices edged lower. To some energy traders, it might have been a sigh of relief. US benchmark, West …
Oklahoma Corporation Commissioners could sign off on the latetst rate hike requested by Oklahoma Gas and Electric….the $126.6 million increase that originally started as a $332.5 million increase filed last year. Commissioners will meet Wednesday to consider the issue (PUD2023-000087) that saw several consumer groups oppose the original request for a nearly 14% increase …
Brace for bigger and more transmission projects in the coming years from the Southwest Power Pool. After more than two years of studies, the SPP is moving ahead with $7.7 billion in transmission projects. It is considered the largest portfolio of such projects in the history of the SPP, the 14-state electric grid that includes …
An Oklahoma House Committee will hold its hearing and investigation Wednesday into the proposed hydroelectric project on the Kiamichi River. Reps. Eddy Dempsey of Valliant and Justin Humphrey of Lane asked for the hearing to be held by the House Natural Resources Committee following a grow list of opponents to the $3.1 billion project …
EV manufacturer Canoo has yet to announce a release date for its third quarter earnings report, but filings with the Securities and Exchange Commission reflect how the firm’s CEO has advanced another $850,000 to keep the company afloat. That’s on top of another loan of $270,000, making for a total of $1.1 million in …
Facing hundreds of lawsuits in Colorado over a fire that burned more than a thousand homes as well as litigation from the monster wildfire that burned a million acres in the Texas Panhandle and western Oklahoma, Xcel Energy says its insurance premiums have soared nearly 400% in the past year. As the utililty …
After weeks and weeks of no rainfall for much of the state, you can’t blame Oklahoma Climatologist Gary McManus for being a little excited Tuesday morning as he went wild with pictures predicting how much rainfall we’ll get this week. Now we sit back and wait to see just how much rain …
Oklahoma Attorney General Gentner Drummond’s recent response to a judge’s decision to grant summary judgment in the lawsuit challenging Oklahoma’s anti-ESG act raised some questions whether his comments were political in nature. In a press release made after Oklahoma County District Judge Sheila Stinson granted the summary judgment in Don Keenan’s lawsuit, Drummond …
Reports by Arkansas Business and the Arkansas Democrat-Gazette show state regulators reopened the nearly $88 million rate hike proposed by Summit Utilities. It means the Public Service Commission will continue searching for information from Summit and its attempt to increase rates by an average of another $15.43 a month or 23% on residential …
A most interesting development exists in northwest Oklahoma when it comes to gasoline prices. Woodward is an island of low gasoline prices and surrounded by some of the highest averages in the state. The average price for a gallon of regular gasoline in Woodward County is $2.64 while surrounding counties are more than $3 …
