Two factors played roles in Wednesday’s 3% gain for crude oil prices. One was the latest U.S. government information showing crude stockpiles had plummeted while export demand was at record levels. Secondly, traders apparently hedged their investments that there will be further easing of the COVID restrictions in China. U.S. inventories fell by 12.6 …
Category: General
Oklahomans split in House vote to avoid national railway strike
The U.S. House passed a bill Wednesday to avoid a nationwide railway strike but with a split vote from Oklahoma’s Representatives. The resolution passed on a vote of 290-137 and Reps. Tom Cole and Frank Lucas were among the 79 Republicans who supported the measure. Reps. Stephanie Bice, Markwayne Mullin and Kevin Hern opposed …
Cushing hub continues slow decline of crude oil in storage
The Cushing oil hub in northern Oklahoma recorded another dip in the amount of crude oil in storage. The U.S. Energy Information Administration reported Cushing held 24.3 million barrels of oil as of Nov. 25, down 400,000 barrels from the previous week. The total was also the lowest for the month of November, a …
AARP leader demands an end to utility rate hikes
AARP Oklahoma State Director Sean Voskuhl had a pointed question of Oklahoma Corporation Commissioners after they approved a nearly $20 million rate hike for Oklahoma Natural Gas Company. “When does it end?” he asked in anger after opposing the $19.6 million rate hike that was approved Tuesday. “The Corporation Commission approves a third …
EV charger availability study ranks Oklahoma in top half of states
While California has nearly a third of all of electric vehicle charging stations in the U.S., Vermont is the best state, based on the number of chargers per 100,000 residents. Oklahoma is among the nation’s top half of states with the best EV charger availabilities. CoPilot, a software firm recently released figures ranking Oklahoma …
Sulphur dioxide pollution in Missouri’s Bootheel breaks EPA rules
Part of a county in southeast Missouri is so far out of EPA pollution compliance that a coal-fired power plant will have to cut emissions and an aluminum smelter will have to take steps as well. The Missouri Independent reported millions will have to be spent by companies in New Madrid County where sulfur …
ONG wins rate hike from Oklahoma regulators
Yes, another utility bill rate hike was approved by the Oklahoma Corporation Commission. A nearly $20 million increase for another utility. Commissioners voted Tuesday to approve a rate hike for customers of Oklahoma Natural Gas and as a result, bills for the average residential user will go up nearly $2 a month. Click here …
Highway interchange named in honor of Sen. Inhofe
The Oklahoma Department of Transportation (ODOT) recently honored U.S. Sen. Jim Inhofe (R-Okla.) with the unveiling of the U.S. Sen. James Inhofe Interchange in Midwest City, located at Interstate 40 and South Douglas Boulevard. This $170 million project will reconstruct the interchange into a safer, single-point urban interchange. Sen. Inhofe attended the groundbreaking ceremony Tuesday, November …
Geography explains Oklahoma’s strong wind power presence
There’s a reason why Oklahoma is among the top-wind power states in the country. Its geographical location. The U.S. Energy Information Administration, in a report issued this week showed how the Lower Plains region of Oklahoma, Texas, Kansas and New Mexico has the largest share of U.S. wind capacity at 44% as of August …
Transportation Secretary in Kansas calls it quits
Kansas Department of Transportation Secretary Julie Lorenz resigned this week after four years on the job for Gov. Laura Kelly. The Topeka Capital-Journal reported Lorenz is the first member of Kelly’s cabinet to leave since Kelly won re-election in November. Click here for Capital-Journal