Entergy Arkansas wants approval of a more than $83 million rate hike that would raise average utility bills for customers by another $5 a month. It represents a 4.25% increase but the utility’s fourth consecutive annual increase has run into opposition from Arkansas Attorney General Tim Griffin. He calls the increase “artificially inflated” …
The U.S. Energy Department just handed out more than $2 billion this week to two projects creating regional U.S. hydrogen hubs, the kind of project Oklahoma failed to land in an agreement with Arkansas and Louisiana. The department committed up to $1.2 billion in federal cot share for the Gulf Coast Hydrogen Hub in …
Motorists may now keep on rolling with cashless tolling on all 12 Oklahoma turnpikes. The last turnpike to switch to open road tolling occurred early Wednesday morning on the I-44/Will Rogers Turnpike corridor between Tulsa and the Missouri state line. Starting today through early December, the Will Rogers cash lanes at the Big Cabin …
** Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain. The multiyear deal will cover the supply of as much as 100,000 tons of lithium carbonate from Exxon’s planned project …
Plans by a developer to build the tallest tower, not only in Oklahoma City but the U.S. are being opposed by the Oklahoma City Airport trust. The Oklahoman reports Airports Director Jeff Mulder sent a letter of formal opposition to the Federal Aviation Administration. He contends the proposed 1,907 foot-high building, to be …
Crude oil prices finished lower on Wednesday as U.S. crude stocks rose more than analysts anticipated over the past week. Gasoline stocks were also on the up side. Losses were slowed somewhat by the nagging worries about the growing war between Ukraine and major oil producer Russia. West Texas Intermediate crude’s December contract, the …
Summit Carbon Solutions, the Iowa company wanting to build a large network of carbon capture pipelines in the upper Midwest is trying again to win approval of part of its project in South Dakota. This time, the company’s request included what it called “major reroutes” as it applied to South Dakota regulators. Summit, the …
A year after Oklahomans paid an average of $2.85 a gallon for gasoline, prices this week are down to an average of $2.56 a gallon. It should make a cheaper drive for those on the road for the coming Thanksgiving Holiday. The American Automobile Association said Oklahoma’s average fell 4 cents over the past …
Whether the nation’s oil and gas industry responds to President-elect Donald Trump’s “drill baby drill” campaign is one thing. One thing it will celebrate will be his vows to remove permitting restrictions implemented and enforced by the Biden administration over the past three and a half years. What else can a Trump administration do …
Oklahoma City’s Expand Energy Corporation announced a half-billion dollar cash tender for its outstanding senior notes. The firm said the offer extends to all of its outstanding 5.500% Senior Notes due 2026 and all of its outstanding 8.375% Senior Notes due in 2028. Tender Offer Expand Energy has commenced the Tender Offer for …
