December 17, 2024 archive

Corporation Commissioner tells Governor winter storm bond audits are “fakes”

  With less than a month to serve in office because he is term-limited, Oklahoma Corporation Commissioner Bob Anthony is again reminding Gov. Kevin Stitt and elected legislative leaders that a one-page audit of one utility’s securitization bonds is not valid—it’s not legitimate. Anthony has argued for the past few years that the Corporation Commission’s …

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Crude oil dropped again on bad Chinese economic news

Crude oil prices dropped to their lowest level in a week in Tuesday’s trading, mostly because investors believe demand from China and Germany will decline following negative economic news from the two countries. Prices declined nearly 1% as investors were still cautious about of an interest rate decision coming from the U.S. Federal Reserve. West …

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Invenergy asked feds to scrap competing corridor in Oklahoma

  Invenergy, the major firm behind the other large electrical transmission line proposed to run across northern Oklahoma confirmed it had asked the Energy Department to withdraw the Delta Plains Corridor from the drawing boards. In a recent statement, Invenergy stated, “Invenergy requested that the U.S. Department of Energy withdraw the corridor designation in Oklahoma, …

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Colorado firms accused of lying on contamination reports on hundreds of oil and gas wells

    Falsified reports on hundreds of oil and gas sites in Colorado? It’s the claim of Colorado regulators who have made available more information about the alleged falsification of contamination data for hundreds of oil and gas sites by a pair of consulting firms, including a map of the locations in question. Colorado Newsline reports the …

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Woodward and Stillwater water projects wait for US Senate vote

Two cities in Oklahoma are set to be the recipients of nearly $33 million in government funds for water improvement projects under the Water Resources Development Act of 2024 passed last week by the U.S. House of Representatives. Woodward and Stillwater were among the community projects that fell under the Act. Oklahoma Congressman Frank Lucas …

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Oil and gas groups urge Congress to move quickly on permitting reform

  Do something about permitting reform—-the urgent message to Congressional leaders from a coalition of oil and gas trade groups across the U.S. The coalition “has issued an urgent call to House Speaker Mike Johnson for immediate action on permitting reform before the close of the 118th Congress,” according to the Energy Workforce & Technology …

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Legislators react quickly to overcome Turnpike Authority’s increased tolls

    State legislators who complained of the Oklahoma Turnpike Authority’s recent decision to raise tolls are doing more than talking and voicing criticism. Some are resorting to drawing up legislation to give the legislature a voice in increased tolls. The Journal Record reports Norman Rep. Annie Menz indicated she and others are in the …

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Only nuclear reactor in Arkansas turns 50

  The only nuclear power plant in Arkansas turns half a century old this month. Known as Arkansas Nuclear One, the plant is located near Russellville and its first reactor started operating in 1974. The second reactor became operational in 1980. Click here for The Sentinel-Record

Energy related appointments made to House Committees

House Speaker-Elect Kyle Hilbert announced a change to the House committee structure that will allow for more time and deliberation of bills at their initial consideration. At the same time, he also named leaders of committees, including those dealing with Oklahoma’s energy issues. House committees will now have a two-tiered structure with committees and oversight …

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Kansas drill core library is about to get larger

    Already one of the largest public core depositories in the U.S., the Kansas Geological Society’s drill core library is about to get bigger. Construction to expand the library, which already has more than 73,000 boxes of rock, is set to begin early in 2025 at the University of Kansas campus in Lawrence, Kansas. …

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