Oklahoma’s latest gross receipts report highlights a significant improvement in revenue collections for December 2024 compared to the previous month. The report showed a nearly 19% gain in gross production tax revenue on oil and gas operations. While year-over-year numbers are slightly down, the month-over-month growth of 17 percent reflects positive economic momentum heading into …
January 2025 archive
Energy briefs
** Although Tesla held the title of most vehicles recalled for 2024, Ford Motor Company was hot on its heels with the number two spot, reported The Manual. In one of its most recent recalls filed with the NHTSA, the Blue Oval added nearly 300,000 more vehicles to that total (which still leaves Tesla roughly half …
Crude oil made gains on limited supplies from Russia and Iran
Energy needs around the world, ranging from limited supplies from Russia and Iran and anticipated higher demand from China drove crude oil prices higher on Tuesday. The small amounts of oil coming from Iran and Russia are due in part to U.S. sanctions against the two countries. Here’s what happened. U.S. benchmark West Texas …
Blackrock to exit Net Zero coalition? If so, what will be impact in Oklahoma?
Oklahoma officials who targeted BlackRock a few years ago with the creation and adoption of the Oklahoma Energy Discrimination Elimination Act might consider revisiting the 2022 law, also known as House Bill 3034. On the other hand, the creators of the act might also be slapping themselves on the back, taking credit for applying …
Who could get snow and where? And what’s this Braum’s DEF-CON system?
Why not have a little fun with the severe weather. It’s what Oklahoma Climatologist Gary McManus does every day in his Mesonet weather updates and his Tuesday report is no different. So what about his Braum’s DEFCON weather rating? “I put the 1 down in far SE OK because the Shreveport NWS Office that …
Snowfall, snowball and climate change challenges
This week’s snowfall in Washington, D.C. reminded me of the late U.S. Sen. Jim Inhofe of Oklahoma. Who could forget the time he carried a snowball onto the floor of the U.S. Senate as part of his campaign against “Climate Change” or “Global warming” claims of environmentalists. This from the Oklahoman who even authored …
Stop the green scam rally goers urged to fight, fight fight
Taking a cue from a wounded Donald Trump’s “fight, fight, fight” rallying cry after he was wounded by a sniper last year, Oklahoma Rep. Molly Jenkins told a “Stop the Green” rally at the state capitol Tuesday, “This fight is far from over—fight, fight, fight!” It brought cheers and applause from those who gathered …
Attorney General to join lawsuit challenging housing energy standards
Oklahoma Attorney General Gentner Drummond plans to join a lawsuit filed by 15 other Republican attorneys general who sued to challenge the energy efficiency standards of a 1990 housing Act. Drummond was not among the originally attorneys general who went to federal court challenging a section of the Cranston-Gonzalez Act of 1990, claiming its …
Energy briefs
** Electric utilities serving the Northeast ask federal regulators to enact gas pipeline reliability requirements to ensure power plants have enough fuel to keep the lights on. ** The Pentagon announces plans to blacklist Chinese company CATL, the world’s largest EV battery maker that supplies Tesla and is partnering with Ford on a $3.5 billion Michigan battery plant. …
Kansas eliminates EV tax credits for individuals but not corporations
Electric vehicle owners in Kanas who thought they could get continued tax credits under a 1995 law were caught unaware after the credit was sabotaged by amendments to the law. The Kansas Reflector reports individuals with EVs are no longer allowed to claim the tax break but corporations can. A state audit revealed that …
