** Indiana Gov. Eric Holcomb signs a bill exempting certain solar and wind components from state sales taxes. ** Washington Gov. Jay Inslee signs a bill barring blinking red wind turbine lights from operating when no low-flying aircraft are nearby. ** The U.S. Department of Homeland Security this week raided a factory and sales office operated by one of the …
Category: General
US Attorney interested in study of Icahn’s holdings
Word that Carl Icahn’s business ventures took an economic hit and the corporate raider who owns most of Oklahoma’s SandRidge Energy as well as the CVR refinery lost $10 billion in recent weeks attracted the interest of a New York U.S. Attorney’s Office. The U.S. Attorney’s office for the Southern District in New York …
2-mile wind tower setback proposed in one Iowa County
A county in Iowa has proposed wind turbine setbacks of up to two miles from the nearest residences. It’s in Woodbury County where the board of supervisors is considering revising the setback requirement, increasing it from the current 600 feet to 2 miles. As KCAU reported, some residents think 2 miles is still not …
Study contends Oklahoma is among worst states for oil and gas related health problems
A new study published in Environmental Research: Health contends air pollution from oil and gas production in the U.S. causes an estimated $77 billion in annual nationwide health impacts and some of the worst is in Oklahoma and a few other oil states. The study claimed the highest proportions of associated health damages are …
Oklahoma prepares to spend millions on Interstate EV charging network
The Oklahoma Department of Transportation is planning a May 30 informational meeting to explain how it intends to use $66 million in federal funding over the next five years to build an EV charging network in the state. The EV program is called EVOK which is the department’s initiative to create the connected and …
Biden’s power plant rule riles Sen. Manchin who vows to oppose the President’s future EPA nominees
Just how upset is West Virginia Sen. Joe Manchin with the President’s proposed power plant rule and broader energy policy? How about angry enough that on Wednesday, the Democratic Senator issued a statement in which he vowed to oppose all of Biden’s future EPA nominees. “I fear that this Administration’s commitment to their extreme …
Cushing Hub and US record gains in crude oil in storage
The amount of crude oil in storage across the U.S. rose in the past week as did the total held at the Cushing Hub in northern Oklahoma. Nationally, the U.S. had 462.6 million barrels of oil as of May 5, up from the 459.6 million barrels reported as of April 28, reported the U.S. …
Crude oil prices dropped 1% on Wednesday and OK energy stocks had another weak day
Crude oil’s three-day rally ended Wednesday as prices fell more than a dollar a barrel while at the same time, Oklahoma energy stocks endured another weak day of trading. The slump in prices that after word spread that economic data suggested there could be another interest rate hike coming from the Federal Reserve. West …
Sister wells reported in Canadian and McClain Counties
A pair of Canadian County natural gas wells were completed earlier this year by Citizen Energy III LLC, of Tulsa. The two Earles Ranch wells are located on a single pad several miles southwest of El Reno near the Cedar Lake community, 7 11N 9W . The Earles Ranch 1h-7-6 was completed in January …
Rep. Cole says it’s time to stand up to China’s economic coercion
Oklahoma Congressman Tom Cole figures it’s time to stop the Chinese Communist Party from economic coercion tactics as it tries to intimidate its neighbors. He’s leading a House Committee hearing this week on the Countering Economic Coercion Act of 2023, a bill of which he is a lead sponsor. The House Rules Committee, which …