At least one energy expert maintains the electric grid in Texas, ERCOT, is under a crucial test this week because of the extreme cold and it could show how close it is to another collapse—just like it did during Winter Storm Uri in 2021. That’s the opinion of David Blackmon, a man with a …
Category: General
Energy quick reads
** Environmentalists are urging the White House to use an obscure legal tool to thwart TC Energy Corp.’s planned expansion of a natural gas pipeline in the Pacific Northwest that they say would stoke climate change. ** Freezing temperatures sweeping the US shut in more than half of North Dakota’s oil production and curbed refinery …
OGE defends request for $332 million rate hike request
In seeking a more than $332 million rate hike request that consumers would see rates increase by more than 13%, Oklahoma Gas and Electric maintains the biggest reason for the request is “the additional capital investment since the last rate case.” It’s the testimony of Kimber Shoop, director of regulatory affairs at OG&E. He …
Rep. Cole—Americans are paying more under Democrats’ failed economy policies
Writing in his congressional column, Oklahoma Congressman Tom Cole says the efforts of Democrats and the left-leaning media to pain a pretty picture of an improving economy could not be further from the truth. The Republican Representative wrote that everyday Americans know better and that inflation is “eating away at their hard-earned money.” He …
Broadband director anticipates awarding hundreds of millions in project this year
The Director of the Oklahoma Broadband Office says 2024 should be a year of success—“early and often.” It’s what Mike Sanders wrote in a 2023 annual report delivered to the board at the end of December. “The work being accomplished will send positive ripple effects far into the state’s future,” he wrote. ” Health …
Crude saw little change on Tuesday while OK energy stocks recorded losses
Crude oil prices changed little in Tuesday’s trading while Oklahoma energy stocks suffered losses for the day, including a 5% decline for Chesapeake Energy, one week after it announced a multi-billion dollar merger with Southwestern Energy of Texas. The crude prices faced pressure from the dollar as it rose to its highest in a month, …
Panasonic expects $4 billion Kansas battery plant to begin production in 2025
After picking Kansas over Oklahoma for its $4 billion electric vehicle battery plant, Panasonic leaders say the new plant near De Soto in eastern Kansas will begin production in early 2025. Ground was broken in July of 2022 for the new plant as the state of Kansas pledged $1 billion n state economic incentives. …
Crude oil production to increase in Permian but remain about flat in other regions
A report from the U.S. Energy Information Administration anticipates only the Permian Basin will likely see increased crude oil and gas production in February while the Anadarko Basin and others will see slight declines or about the same production. The Permian’s production is anticipated to increase from 5,969 thousand barrels of oil a day …
Pipeline operator to build large solar farm in Wyoming
Energy giant Enbridge Inc., known for its crude oil pipelines and operations in Canada and throughout the U.S., has plans to build a solar farm so large in Wyoming that it could provide electricity to 771,000 homes. The Albert-headquartered company hopes to begin construction in 2025 and it would take two years to complete …
Muskogee chosen for lithium refinery site
An industrial park in Muskogee has been chosen by Stardust Power Inc. to build a new battery-grade lithium refinery. The company anticipates receiving up to $257 million in state and federal economic incentives for the facility build-out in the Southside Industrial Park. Stardust Power is a development stage American manufacturer of battery-grade lithium products. …