A Judge in Oklahoma City has ordered a man to repay nearly $270,000 to investors of his gravity-powered electricity generating system. Click here for The Oklahoman
Category: General
Williams shows progress toward 2030 climate commitment
Williams announced the release of its 2021 Sustainability Report, showing specific steps the company has taken toward meeting its 2030 climate commitment. In addition to providing a comprehensive review of environmental performance metrics, the latest sustainability report details the company’s focus on social and governance issues as it serves growing demand for clean, affordable …
Big energy department loan
The Biden administration handed out more government funding this week in the name of EV development. The Energy Department announced a $102 million loan to expand a Louisiana processing facility for materials used in electric vehicle batteries. Owned by Syrah Technologies in Vidalia, Louisiana, the facility will use the loan to create 150 jobs …
CHIPS bill wins approval without support of Sens. Inhofe and Lankford
A controversial “China” bill aimed at increasing microchip production in the U.S. won approval in the U.S. Senate this week without the support of Oklahoma Senators Jim Inhofe and James Lankford. Both voted against H.R. 4346, the CHIPS-Plus Act, Inhofe citing his opposition because the measure excluded adequate funding for defense. Approval came on …
Cashless tolling completed on H.E. Bailey Turnpike
As of Wednesday, I-44/H.E. Bailey Turnpike had fully transitioned to PlatePay/cashless tolling. The final leg of the conversion was completed at the Walters toll plaza Wednesday morning, meaning drivers can now travel along I-44/H.E. Bailey Turnpike from the Texas state line to Oklahoma City without having to stop to pay a toll. The transition …
New western Oklahoma gas well for Continental
Drilling in western Oklahoma by Continental Resources resulted in a Custer County gas well with production of more than 14,000 Mcf of natural gas a day. The company filed a completion report this week showing the Schrock 3-14-23-26xhm, located at 14 14N 14W, a site about 4 miles southeast of the town of Thomas. The well, …
Empire Petroleum sets annual meeting date
The annual meeting of stockholders of Empire Petroleum Corporation will be held in a month. The company plans the meeting on August 26 at 9 a.m. at 2200 S. Utica Place, Suite 150 in Tulsa. The agenda calls for the election of three directors, a vote to approve the compensation of the company executive …
Cushing sees slight increase in stored crude oil
Ever since the Cushing hub hit a low of 21.3 million barrels the first of July, storage has slowly increased. The U.S. Energy Information Administration reported this week Cushing had an estimated 23.5 million barrels of crude oil in storage as of July 22. It was an increase of 700,000 barrels from July 15 …
New Mexico regulators stand accused of violating open meeting law
State regulators in New Mexico are accused in a complaint filed with the Attorney General of violating the state’s Open Meetings Act. The complaint was filed by the New Mexico Business Coalition against the Public Regulation Commission according to the Albuquerque Journal. Click here for Albuquerque Journal
U.S. and world headlines
** A Senate Democratic deal includes a new $4,000 tax credit for used electric vehicles and other new tax credits and grants for automakers to retool factories to build greener cars. ** The Biden administration is announcing several initiatives aimed at boosting the deployment of solar energy. One of the initiatives, from the Department of Housing and Urban …