** Striking Boeing machinists rejected a proposed contract that would have ended a costly 41-day work stoppage. The machinists, represented by the International Association of Machinists and Aerospace Workers (IAM), turned down a deal that includes a 35 percent wage increase over the next four years, a $7,000 ratification bonus and improved retirement offerings. ** Nearly 80 …
Category: General
Growing demand for electricity has NextEra looking into restarting Iowa nuclear plant
A restart of its nuclear power plant in Iowa? It’s what NextEra Energy is considering. Known for its wind and solar operations, the company is exploring a possible restart of a nuclear power plant it once operated in the state. The company started talks with the Nuclear Regulatory Commission because of the jump in …
Colorado congresswoman blasts Biden-Harris over sage grouse
Even though she’s facing a tough re-election campaign, Colorado Congresswoman Lauren Boebert is using her time in the U.S. House to continue attacks on the Biden-Harris administration. Her latest? Going after the government for plans to protect what she calls an “ugly” animinal in Colorado—the Gunnison sage-grouse, a bird designated as “threatened” under the …
Mitchell Talks Energy with Jerry Bohnen
What’s the topic of the latest Mitchell Talks Energy with Jerry Bohnen? How about the lawsuit filed against the State Treasurer where he and his Chief of Staff are accused of withholding information in an Open Records request? The request focused on information sought concerning the Oklahoma Energy Discrimination Elimination Act.
Crude oil finished down on Wednesday following surprise gain in US inventories
After two consecutive day of price gains, crude oil dropped Wednesday, largely due to an increase in U.S. crude inventories. The increase was more than expected as refining activity rebounded, according to Reuters. West Texas Intermediate crude fell 97 cents or 1.35% to $70.77 a barrel on the New York Mercantile Exchange. Brent crude finished …
U.S. crude oil stocks made big gain in past week while Cushing Hub totals dropped
The nation’s crude oil stocks recorded a gain of more than 5 million barrels of oil in the past week, according to an announcement by the U.S. Energy Information Administration. The total storage soared from 420.5 million barrels recorded on Oct. 11 to 426 million barrels as of Oct. 18, a gain of 5.5 …
Legislature to hold interim study on Oklahoma’s Kiamichi River
The Kiamichi River in Southeast Oklahoma is drawing more attention in the legislature—especially in light of the hydroelectric power project proposed by a Texas firm. Reps. Eddy Dempsey, R-Valliant, and Justin Humphrey, R-Lane, will hold an interim study next week on the Kiamichi River in Southeast Oklahoma before the House and Natural Resources Committee. Humphrey …
Increased 3Q revenues reported for NextEra Energy
When NextEra Energy’s president said the third quarter revenues were strong, he wasn’t kidding. With Oklahoma wind farm operations adding to its revenue, NextEra Energy, Inc. reported third quarter net income of $1,852 billion or 90 cents a share….up from the $1.219 billion and 60 cents a share reported in the third quarter of …
Shortage of court reporters hits Oklahoma Corporation Commission
A shortage of court reporters prompted the Oklahoma Corporation Commission to announce a change in some of its court hearings. The Commission announced recently that because of the “ongoing nationwide court reporter shortage” it would use courtroom technology assistance in lieu of a court reporter for some of the “uncontested” hearings held in Oklahoma …
Osage Nation inks deal with feds to find undocumented abandoned wells
The Osage Nation in Oklahoma was one of two Indian tribes that joined the Department of Energy this week in a program aimed at locating undocumented abandoned oil and natural gas wells. The Osage and Navajo Nations signed memorandums of understanding with the U.S. Department of Energy’s Office of Fossil Energy and Carbon Management, …