A new AAA survey finds an increased number of new car buyers in the U.S. indicated they are not interested in buying an electric vehicle. The AAA survey found the percentage of consumers indicating they would be “unlikely” or “very unlikely” to purchase an EV rose from 51% to 63%, the highest since 2022. It also …
Category: General
Meta adds nuclear power on top of Oklahoma wind energy
Just four months after Meta announced an agreement to acquire electrical power from an Oklahoma wind farm as part of its data center growth across the nation, the company signed a 20-year power purchase agreement with the operator of an Illinois nuclear power plant. Constellation’s Clinton nuclear plant will offer 1,121 megawatts of emissions-free …
New $500 million offering in senior notes announced by Ascent Resources
Ascent Resources Utica Holdings, LLC, the Oklahoma City energy company with operations in the Utica Shale play of Ohio announced the offering of $500 million in senior notes. The company and its wholly-owned subsidiary, ARU Finance Corporation, said the offering involves senior unsecured notes due 2033. Ascent intends to use the net proceeds from …
Energy briefs
** As the Atlantic hurricane season begins, Dominion Energy has finished burying more than 2,500 miles of the most outage-prone power lines in Virginia. The work is part of the company’s Strategic Underground Program, which was launched in 2014. ** Two Cheyenne, Wyoming companies have their sights on building the largest magnesium operation in North America in …
Canadian wildfires threaten oil production–prices rose on Monday
Wildfires in Canada are doing more than sending smoke into the U.S. They also are threatening oil sands operations and Canada’s oil supplies and as a result, oil prices rose nearly 3% on Monday. Wildfires burning in Canada’s oil-producing province of Alberta have affected about 7% of the country’s overall crude oil output as of Monday, …
Mixup in Attorney General’s filing in OGE case
Sometimes even Attorney General Gentner Drummond can make a mistake, or at least his office. In a recent filing with the Oklahoma Corporation Commission, the Attorney General asked for approval to force Oklahoma Gas and Electric Company pay for his employment of expert witnesses regarding the utility’s request for approval of three major …
Oklahoma gasoline prices are holding steady
With the summer driving season officially here after the Memorial Day weekend, gasoline prices in Oklahoma are holding steady with a statewide average of $2.77 per gallon. If you’re hitting the road for a vacation, it might be advisable to do so in the midwest. Head west and you’ll encounter much higher prices …
Eminent domain bill on hold in Iowa
Iowa Gov. Kim Reynolds has yet to act on a controversial bill sent to her by the state legislature to create more restrictions on the use of eminent domain for the construction of carbon capture pipelines. It’s among several bills in which the Governor is facing a June 14 deadline to either sign …
Bracing for more rain across Oklahoma
Yes, more rain is in the Oklahoma forecast. Let me repeat that—MORE RAIN IS IN THE FORECAST. As the Oklahoma Mesonet indicated, the forecasts included 4-6 more inches of rainfall across areas of the state where 15-to-20 inches have been recorded in the past few months.
Colorado new home costs could rise if new rules are adopted by state Energy Code Board
Construction costs on housing in Colorado could shoot up $25,000 to $35,000 if an Energy Code Board adopts recommendations this week requiring future homes to meet more energy efficient standards. The Colorado Association of Home Builders warned that the requirement of electric stoves and heating systems will add high costs to new homes …