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Corporation Commission Hangs Up on Phone Company’s Funding Request
The Oklahoma Corporation Commission on Tuesday sent a warning to public utilities who have been receiving millions of dollars through the controversial Oklahoma Universal Fund. Members voted 2-1 to deny the request of the Medicine Park Telephone company for more funds from the program. Commissioners Bob Anthony and Todd Hiett voted to deny the …
Believe it or Not! California’s Targeting Cow Farts!
The State of California is going after cattle flatulence…..cow farts! It’s part of a climate change bill signed into law this week by Gov. Jerry Brown. While the bill targets methane gas and soot, it includes provisions requiring dairy farms to reduce methane gas emissions from cattle and manure by 40% by 2030. “When Noah wanted …
How American Drivers Wasted $2 billion in Premium Gasoline
A new study by AAA and the Automobile Club of Southern California’s Automotive Research Center claims drivers in the U.S. wasted more than $2.1 billion over the last year by using premium-grade gasoline in cars and trucks that are designed to run on regular fuel. The study was prompted after AAA learned 16.5 million drivers …
Oklahoma Gasoline Prices Continue to Fall, Reaching $2.03 a gallon average
Gasoline prices have dropped back down to a new statewide average of $2.03 a gallon in Oklahoma according to AAA Oklahoma. That’s 12 cents lower than the $2.15 range reported over the past few months. It’s also 4 cents a gallon cheaper than the price recorded just four weeks ago. Nationally, the average is $2.21 …
STACK Brings More Success to Devon Energy
Devon Energy’s 2015 investment in 80,000 acres in Oklahoma’s oil-rich STACK play in Blaine, Canadian and Kingfisher counties is paying off as the company reports hitting another well that’s producing nearly 2,000 barrels a day. The “Blue Ox” well is located in Blaine County and south of State highway 3 midway between Kingfisher and Watonga. It …
Congress to Investigate Energy Department Intimidation
Some Oklahoma congressmen will be focusing on energy issues as they take part in U.S. House Committee hearings to be held this week. Rep. Markwayne Mullin, a member of both the Subcommittee on Commerce, Manufacturing and Trade and the Subcommittee on Energy and Power will take part in a Thursday joint hearing. It will examine …
Billionaire Icahn Unloads Millions of Shares in Chesapeake Holdings
Billionaire investor Carl Icahn has dumped nearly half of his holding in Chesapeake Energy, going from 9.4 percent ownership of the Oklahoma City company down to 4.6 percent. He explained in a statement on Monday that it was done for tax purposes. “We believe that over the last few years Doug Lawler and his team …
Oklahoma’s Improvement in Wind Energy Rankings
Just take a long drive across the western half of the state of Oklahoma and you’ll see just how much the wind energy industry has grown in the state. And it’s still growing! While the state is ranked number four nationally for installed wind power capacity, it is soon expected to climb to number …
Corporation Commission Delays Translate into Higher Costs
Oklahoma Corporation Commissioner Bob Anthony remains disappointed that the State’s regulatory body has received low marks nationally for its delays in handling some utility requests, including one that hasn’t had action in more than 2,000 days. So Anthony has the issue on Tuesday’s agenda of the Commission’s public meeting that starts at 9:30 a.m. It …
Gasoline Pipeline Leak Results in Higher Prices in Southeast U.S.
Oklahoma has not experienced any fuel shortages from a Southeast gasoline pipeline leak but several other states have. Colonial Pipeline says it might restart its Line 1 this week but the delay will continue causing some gas station outages and prices increases for a few more days. An estimated 336,000 gallons of gasoline spilled in the …