Ground was broken in recent days in New Mexico on construction of the $10 billion wind-powered electric transmission line carrying power to Arizona. The SunZia transmission line was described by the chief executive of the company building the project as bigger than the Hoover Dam. Hunter Armistead told the Associated Press that breaking ground …
Category: General
Took Kansas regulators nearly 22 months to approve Evergy’s energy efficient program request
Kansas Corporation Commissioners, in a special meeting on Friday, gave approval to a set of energy efficiency programs for Evergy’s 1.6 million customers. The program will include rebates and discounts on efficient HVAC systems and free thermostats. Evergy asked for the approval in December 2021 and it took state regulators until this month to …
Nation’s oil rig losses slow while Oklahoma holds steady
The decline of the number of oil and gas rigs across the nation and in Oklahoma slowed to a trickle in the past week, according to the latest figures from Baker Hughes Co. The U.S. count fell by one, leaving 631 active rigs while Oklahoma was unchanged with 39 rigs. A year ago, there …
Crude oil closed with a gain before Labor Day weekend
Crude oil prices reached their highest mark on Friday in 7 months as both WTI and Brent crude rose nearly $2 a barrel, ending a two-week losing streak, because of expectations of tightening supplies. West Texas Intermediate crude went up $1.92 to $85.55 a barrel on the New York Mercantile Exchange, the highest since …
Crude oil prices made $2 gain in US on Thursday
U.S. crude oil prices jumped more than $2 a barrel in Thursday’s trading on hopes that OPEC+ production cuts will continue through the end of the year. Oklahoma energy stocks split on gains and losses. West Texas Intermediate crude rose $2 or 2.45% to reach $83.63 a barrel at the end of the day …
Tulsa’s June wind storm damage results in donations from PSO
Public Service Company of Oklahoma announced a total of $125,000 in grants from PSO and the American Electric Power Foundation to help those dealing with the impact of a massive windstorm that struck the Tulsa area in June. AEP Foundation made the lead donation of $75,000 to the Wind Storm Relief Fund, which was …
Slow increase in gas prices for Labor Day weekend
Just the kind of news you didn’t want to read—-that gasoline prices are moving up as we approach the Labor Day weekend. The national average is $3.81 per gallon while in Oklahoma, we remain at $3.51 a gallon. Oklahoma City’s average is $3.47 while Tulsa is at $3.46 and Lawton at $3.37 per gallon. …
Organization promotes solar power in Oklahoma’s Green Country
Yes, the solar industry is alive and well in Oklahoma and promoting an effort to develop more solar energy in the northeat part of the state. Solarize Green Country is hoping to not only expand solar energy but make it more affordable for residents of the Green Country region. The coalition, with the help …
Competition heats up in lithium development at Arkansas’ Smackover formation
Competition. It’s the name of the game in southern Arkansas and the game is development of lithium, the mineral badly needed for the nation’s growth of electric vehicles. We’ve covered the rapid acceleration of Oklahoma City’s Galvanic Energy and its recent $100 million deal with ExxonMobil on the thousands of acres leased by Galvanice …
LSB leaders try to find more investors
Leaders of Oklahoma City-based LSB Industries are hoping to attract more investors as they prepare to attend at least three approaching conferences. President and Chief Executive Officer Mark Behrman and EVP & Chief Financial Officer Cheryl Maguire will represent the company at each of the events. CEO Behrman will attend the UBS Chemicals …