Category: General

State regulators approve scaled-down Summit Utilities rate increase

  By Mike W. Ray Southwest Ledger The state Corporation Commission authorized Summit Utilities Oklahoma to boost its rates by $11.8 million, which was $4.9 million less than the $16.7 million the company initially requested. The average rate increase for a residential customer will be $7.61 per month, said Sheri Richard, Summit’s director of Regulatory …

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Senator calls again for permanent Daylight Savings Time in Oklahoma

  Sen. Blake Cowboy Stephens, R-Tahlequah, called for Congressional action to allow states to adopt permanent Daylight Saving Time. Stephens served as the author of a trigger bill in the 2024 legislative session to adopt permanent DST in Oklahoma. The provisions of Senate Bill 1200 will take effect immediately following the passage of federal legislation …

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500 losing their jobs as ConocoPhillips takes over Marathon Oil

    More than 500 employees of Marathon Oil are being layed off as part of the firm’s acquisition by ConocoPhillips. The layoffs will be in Houston, according to Marathon Oil in a notification of the layoffs with the Texas Workforce Commission. The Worker Adjustment and Retraining NOtification Notice (WARN) did not give a speific …

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Sunzia transmission line close to supply power from New Mexico

  After nearly 20 years in the planning, the  $11 billion SunZia transmission line meant to carry wind and solar power from New Mexico through Arizona and to California is close at hand. Transmission towers are still being constructed. But it doesn’t mean the large project is not facing opposition. Click here for WBUR  

Government gives away $45 million to study EV battery recycling

  Days ahead of the Presidential election, the Biden-Harris Administration handed out another $45 million in green energy funds. The latest handout totaled $44.8 million for development of how to dispose of electric vehicle batteries—the ones that have caused nasty car fires and created challenges for firefighters. The money went to eight projects the government …

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Oklahoma drought committee moves to help state farmers—ahead of weekend rains

    As weekend rains accumulated, perhaps easing Oklahoma’s drought, the Emergency Drought Committee recently approved a new program to deliver critical drought relief for Oklahoma agricultural producers. The application period opens on Nov. 12 and will remain open through Jan. 31, 2025. Applications will be available at local conservation districts and on the Oklahoma Conservation …

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Crude oil prices jump up on word of possible end to some Middle East fighting

  The prospects of an end  to some of the fighting in the Middle East sent crude oil prices up by more than 2% on Thursday. West Texas Intermediate crude rose $1.80 a barrel or 2.62% to close at $70.41 on the New York Mercantile Exchange. Brent crude gained 61 cents or 0.84% and closed …

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Attorney General shuts down Corporation Commissioner’s own probe of allegations against Todd Hiett

  A legal opinion issued this week by Oklahoma Attorney General Gentner Drummond slammed the door closed on an investigation by Corporation Commissioner Bob Anthony into the drinking and sexual abuse allegations against fellow commissioner Todd Hiett. In an opinion sought by Commissioner Chair Kim David on Aug. 27 and handed down on Wednesday, Drummond …

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ONEOK finishes nearly $3 billion acquisition of more pipeline in the Permian Basin

  ONEOK, Inc. announced it completed its $2.6 billion acquisition of Medallion Midstream from Global Infrastructure Partners, a move that increased the Tulsa company’s extensive pipeline system in the oil and gas industry. The acquisition of Medallion includes more than 1,200 miles of crude oil gathering pipelines providing approximately 1.3 million barrels per day of …

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State regulators couldn’t agree on an OGE rate hike request—delayed their vote

  Even as three state legislators attempt to block Oklahoma Corporation Commissioner Todd Hiett from voting on rate cases for OGE, ONG and PSO, Hiett was prepared Wednesday to cast a vote on a $127 million rate hike for Oklahoma Gas and Electric. But it didn’t happen because of a difference of opinion with Commission …

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