A new report from the U.S. Energy Information Administration revealed how about 10% of electricity generated across the states is traded across state lanes. In other words, the generation of electricity exceeds its consumption in 25 states and the excess electricity is transmitted across state lines. The same EIA report showed that in …
December 28, 2024 archive
Mitchell talks energy with Jerry Bohnen—a focus on an admission by Todd Hiett
Did Corporation Commissioner Todd Hiett just admit to wrongdoings that have led legislators seeking a State Ethics Commission investigation? What exactly was his admission to a “mistake?” It’s the main topic of Scott Mitchell Talks Energy with Jerry Bohnen of OK Energy Today.
Corporation Commissioner Hiett went public during a Christmas event resulting in claim of an Open Meeting Act violation
A public admission of a “mistake” by Corporation Commissioner Todd Hiett over allegations against him at a recent Oklahoma Corporation Commission Christmas appreciation event led to Commissioner Bob Anthony’s claim of an Open Meeting Act violation. Anthony pointed to Commissioner Hiett’s comments as the cause for his filing of a separate opinion in 18 …
Drop in crude inventories at Cushing and US
Crude oil inventories fell in the past week not only across the U.S. but also at Oklahoma’s Cushing Hub. They led to a 1% gain in crude oil prices on Friday. The U.S. inventories dropped by 4.2 million barrels in the week ended Dec. 20, falling from 421 million barrels to 416.8 million. The …
Senator wants residents to have a say in proposed turnpikes
If state Sen. Lisa Standridge has her way, the Oklahoma Turnpike Authority will not only face legislative control over turnpike fee increases but also over the way the Authority plans turnpikes. She wants to keep homeowners from “being blindsided about losing their property,” reported KOCO TV 5 news. Sen. Standridge has proposed a bill to …
Rig activity is steady in Oklahoma and the US
For another consecutive week, the number of active oil and gas rigs in Oklahoma held steady, based on the latest rig report released by Baker Hughes Co. The report listed Oklahoma with 43 rigs, same as the previous week and only one less than a year ago when the count was 44. The US …
Energy briefs
** New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday. The law is intended to shift some of the recovery and adaptation costs of climate change from individual …
Rural ATT phone customers to lose landline service in coming years
An end to landline phone services offered by AT&T is coming soon in Oklahoma—especially to rural customers. The company recently explained its goal is to eliminate the copper-based landline in the coming five years as the firm moves more and more to fiber-optic internet and 5G. News on 6 in Tulsa recently reported how …