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 …
** Ford plans to idle a Detroit-area electric truck plant for weeks as it contends with softer-than-expected EV sales. ** Occidental Petroleum nears completion of a direct-air carbon capture facility in Texas that would be the first large-scale facility to remove carbon dioxide directly from the air; the company plans to build dozens more. ** The U.S. Department …
This week’s decision by the Southwest Power Pool to approve nearly $8 billion in transmission line projects has the support of renewable energy Enel Green. Stephen Pike, head of Enel Green Power North America, one of the largest wind operators in the 14-state grid, including Oklahoma, that makes up the SPP, applauded the …
An $80 million project is underway in Wyoming in an attempt to get more oil out of the rocks where the black gold rests. The $40 million put up by ThermoFisher Scientific was matched with another $40 million from the Wyoming legislature, all with hopes of turning the state’s oil patch into a …
While some Oklahomans clamor for a Buc-ee’s center in their state, they might be disturbed to learn Arkansas will be getting its second Buc-ee’s. Reports indicate the company will build a 74,000 square foot travel center in West Memphis neaer Interstate 40 and Interstate 55. The center will have more than 120 fueling locations …
The third quarter for ALLETE, Inc., the renewable energy operator, wasn’t exactly what leadership wanted. It’s as though the wind was taken out of the sails of its wind farm earnings, including those in Oklahoma. Its earnings totaled $.78 cents on net income of $45 million, a significant drop from the $1.49 a share …
Third quarter earnings dipped for Oklahoma City’s LSB Industries, Inc. as the firm had net sales of $109.2 million compared to $114.3 million in the third quarter of last year. But it also had increased earnings per share. The firm recorded a net loss of $25.4 million compared to a net loss of $7.7 …
Oklahoma U.S. Sen. James Lankford is callling the Energy Department on the carpet for its creation of a new system of records for medical and non-medical accommodations requests which he believes violate First Amendment rights. He claims it creates a “grave violation” of religious liberty. In a letter to the Department, the Senator expressed …
While regional transmission lines make the news in Oklahoma and other states of the Southwest Power Pool, consider what ratepayers in Massachusetts are facing…$512 million in additional costs over construction delays. That’s right—delays. Three utilities in Massachusetts and the parent company to Central Maine Power agreed the Massachusetts ratepayers should pay $512 million in …
Days before more than 40 wildfires broke out around Oklahoma, a state House committee held an interim study to examine issues surrounding recruiting and retaining volunteer rural firefighters. The packed study before the House Public Safety committee was led by Rep. David Smith, R-Arpelar. “Living in rural Oklahoma, I know the importance of rural firefighters,” …
