In a recent interview, the man behind the controversial proposed hydro-electric project on the Kiamichi River in southeast Oklahoma claimed electricity would be produced for Oklahoma and Texas electrical grids. He also denied any ties to the Chinese government. Click below for News on 6’s Tess Maune report. Oklahoma’s Own In Focus: Plans …
October 2024 archive
Energy briefs
** Hurricane Helene flooding could push Appalachia utilities to rethink the region’s power grid, described by one official as a “really far-flung set of distribution lines going up into the hills and serving different communities.” ** Vice President Kamala Harris criticizes Donald Trump for attacking the federal response to Hurricanes Helene and Milton, suggesting he’s trying …
Drought impact grows across Oklahoma
Yes, cooler weather is in next week’s forecast, but the heat of the past few weeks only added to Oklahoma’s expanding drought. Oklahoma Climatologist Gary McManus with the Oklahoma Mesonet recently wrote that conditions “are increasingly bad.” “It’s not a hurricane, and our hearts go out to those suffering in the Southeast, but we are …
New Mexico’s governor wants to take educational advantage of oil and gas money
New Mexico Gov. Michelle Lujan Grisham has been critical of her state’s oil and gas industry at times, but not when she was part of a panel at the New Mexico Oil and Gas Association’s recent annual meeting. Instead, she used the occasion to stress the importance of educational development in New Mexico, something …
Rep. Lucas says more must be done to end sexual harassment at science center in Antarctic
Oklahoma Congressman Frank Lucas isn’t ready to walk away from the sexual harassment claims made by women who work at the National Science Foundation’s Antarctic science center. As chairman of the House Science, Space and Technology Committee, he was joined by Ranking member Zoe Lofgren in making changes recommended to Dr. Sethuraman Panchanathan, …
Hundreds of rural Creek County homes to get rural broadband service
A $1.9 million high-speed internet expansion project was officially launched recently in rural Creek County northwest of Sapulpa by the Oklahoma Broadband Office (OBO) and FiberLink. The project, funded through a $1.45 million federal grant administered by the OBO coupled with $485,000 in matching funds from FiberLink, will connect 458 homes and businesses with broadband …
What if Israel attacks Iran’s oil industry? Peter Zeihan’s take
Global geopolitical observer Peter Zeihan has a take on what might happen should Israel attack Iran’s oil sector in retaliation to Iran’s missile attack. He suggests that since Iran’s oil exports hover around 1 million barrels a day, should Iraq attack, it would likely mean a $10-15 increase per barrel. “Not a global catastrophe, …
Crude oil prices rebound after arrival of Hurricane Milton in Florida
Hurricane Milton’s strike on Florida sent crude oil prices up nearly 4% on Thursday while at the same time worries grew about Middle East oil supplies. The day’s trading also saw many Oklahoma energy stocks recording losses for the day. Investors and analysts say there is still major concerns that demand for energy might grow …
Hurricane forces Empire Petroleum to extend rights offering
Hoping to raise nearly $10 million, leaders at Tulsa’s Empire Petroleum Corporation have extended their deadline to Oct. 24 in a right offering to stockholders. The decision, in part, was the number of requests by company stockholders as a result of the recent disruption caused by Hurricane Milton. They explained the extension was …
Arkansas legislators angry over proposed rate hike for Summit Utilities
Picked up from the headlines of Arkansas Business-–how state legislators are raising more than eyebrows over a proposed $87.7 million rate hike. The settlement, as we reported earlier in the week, would mean a more than 23% increase to residential ratepayers, or another $15.43 a month on average. State Attorney General Tim Griffin …