While mostly Republican Attorneys General, including Oklahoma Attorney Gentner Drummond, are investigating the ESG policies of 25 national financial firms, a group that worked with GOP officials to target ESG policies might be under investigation by the Securities and Exchange Commission. The probe was sought at the urging of the left-leaning watchdog group Campaign …
Category: General
Attorneys General start probe of ESG policies of national financial firms
Oklahoma Attorney General Gentner Drummond is among more than two dozen attorneys general demanding answers from financial firms over their ESG policies. Drummond and attorneys general from Kansas, Missouri, Iowa, Nebraska and other states claimed the firms approved environmental policies over the concerns of their shareholders. The lengthy demand letter was sent to …
Rain is sorely needed in Oklahoma
The lack of rainfall in Oklahoma is adding to the growth of the drought in the state. The Oklahoma Mesonet reported this week southwest Oklahoma had its 10th-driest June 1 through Sept. 10 period going back at least 100 years. The Mesonet said most places in the state are “hurting by now, save for parts …
Lawton legislator honored by Alliance for Secure Energy
The Alliance for Secure Energy named Rep. Trey Caldwell of Oklahoma’s 63rd district its inaugural Power Player of the Year, an award recognizing a legislator who has significantly contributed to advancing secure, reliable, and affordable energy policies in Oklahoma. Leaders from the Alliance for Secure Energy, along with constituents and other distinguished guests, celebrated Caldwell’s …
Cushing sees drop in crude stocks in most recent EIA report
As the U.S. crude stocks increased in the past week, the Cushing Hub in northern Oklahoma experienced a decline in its crude oil in storage. The U.S. Energy Information Administration, in a Wednesday release, show the U.S. crude stocks increased by 800,000 barrels, from 418.3 million barrels as of August 30 to 419.1 …
Energy bills consume more money from nation’s low income residents
New research from the American Council for an Energy-Efficient Economy (ACEEE) shows that a quarter of low-income households in the United States spend more than 15% of their income on energy bills. Consistent with ACEEE’s previous research, the new policy brief found that on average low-income residents, Black households, and Hispanic households experience higher energy …
Inflation drives up electricity prices—group says the fix is simple
The latest inflation data once again revealed that electricity price inflation is driving general price increases and is outpacing other energy commodities. It also prompted one association to call for more competitive bidding for the construction of electrical transmission lines. Wednesday’s Bureau of Labor Statistics report says that on an annual basis, electricity price inflation …
Crude oil gains made over worries of hurricane shutdown of oil production
After a big drop on Tuesday, crude oil prices rose more than 2% on Wednesday because of fears Hurricane Francine might hit U.S. offshore oil production and cause production shutdowns. The gain also came as the country reported an increase in crude inventories. However, the Cushing Hub saw a decline. West Texas Intermediate crude rose …
Explosion at Maysville gas plant substation injured 3 workers
Three persons are recovering after being injured in an explosion and fire at a Maysville substation connected to a gas plant. The incident occurred Wednesday morning around 8:45 and the three were medi-flighted to the OU Health and Baptist hospitals in Oklahoma City. Garvin County Emergency Manager Dave Johnson was quoted as saying an …
OGE crews in Louisiana with storm damage recovery efforts
If there is extensive damage in Louisiana over the anticipated arrival of Hurricane Francine, Oklahoma Gas and Electric Company crews are there to assist with electrical power recovery. Nearly 150 line crew members left Oklahoma early Wednesday morning representing OG&E stations from Oklahoma City, Enid, Ardmore, Muskogee, Kellyville, and Fort Smith, Arkansas. The company …