Author's posts
Inflation hits Oklahoma tax receipts
The latest report from the Oklahoma Treasurer’s office showed gross production taxes on oil and natural gas increased in May, but it’s clear inflation is hitting the state. Gross production taxes totaled $162.1 million, an increase of $74.9 million or 85.8%. Treasurer Randy McDaniel, in releasing the overall gross receipts for May on Monday …
New waste-to-energy plant to be built in SE Arkansas
A $50 million landfill waste-to-energy gasification plant is coming to southeast Arkansas and it will be the first of its kind in the South. Florida-based MD Power LLC plans to build and operate the plant. The trash won’t be burned but rather heated to the point it gasifies according to a report by Arkansas …
Power demand in Texas to hit record high this week
Texas is likely to see some record-breaking electrical use this week and what’s odd is that it could come weeks ahead of the hottest days of the summer. ERCOT, the Electric Reliability Council of Texas expects the power demand to hit an all-time record by Tuesday according to a report by Reuters. Click here …
Gov. Stitt and others say SEC climate change plan is “foolish”
Oklahoma Gov. Kevin Stitt and 15 other Republican governors sent a recent letter to President Biden expressing their opposition to a proposed rule to force publicly traded companies to report climate-related data to investors. The proposal was made two months ago by the Securities and Exchange Commission, an order that would direct public companies …
Workers killed in Colorado coal pile collapse
The bodies of two workers killed in a coal pile collapse last week at an electric generating station in Pueblo, Colorado were recovered under nearly 60 feet of coal. Click here for Associated Press
EV growth in Kansas City prompts Evergy to make preparations
The number of electric vehicles is growing in the Kansas City area and Evergy, the large utility company that serves Kansas and Missouri is aware of the growth and making plans for more EVs. The company estimates there are more than 10,000 EV drivers in the Kansas City area, growth that prompted Every to …
Headlines of more energy stories
** The Biden administration is considering a proposal to tax oil and gas windfall profits to provide a gas subsidy for American consumers struggling with high energy prices, said Bharat Ramamurti, deputy director of the National Economic Council at a panel sponsored by the Roosevelt Institute think tank on June 2. ** Ford Motor Co. announced …
Turnpike Authority says traffic crashes show need for improvements
The Oklahoma Turnpike Authority is trying to make the case for more turnpike systems improvements following recent traffic accidents that either caused significant slowdowns or brought major traffic to a halt. In a recent release, the Authority said a crash on I-44/Turner Turnpike between SH-66 in Wellston and the Kickapoo Turnpike closed westbound traffic …
Crude rose on Friday—can the increases continue this week?
Oil prices continued their climb higher on Friday, raising expectations that perhaps this week will bring even higher prices nationally. The Friday increase came after OPEC decided to increase production targets by more than planned but with knowledge it won’t add much to global supply. In the U.S., West Texas Intermediate crude for July …
Inhofe asks President to reconsider latest EPA rules on small refineries
Oklahoma U.S. Sen. Jim Inhofe is telling President Biden to rethink his administration’s latest proposals regarding the Renewable Fuel Standard program and how it would hurt small oil refiners like those in Oklahoma. In a letter sent recently to the President, Sen. Inhofe asked him to instead bring immediate relief to the “job-creators” by …