** The U.S. federal government on Saturday granted petroleum company Chevron a limited license to resume pumping oil in Venezuela, marking the potential first step in ending a years-long embargo of Venezuelan oil production by the United States. In a press release, the Treasury Department said it had authorized Chevron to resume “natural resource extraction operations.” ** The …
Category: General
New Mexico Supreme Court asked to review electricity rate case
The Attorney General of New Mexico thinks the State Supreme Court was wrong in a recent ruling over the closure of the San Juan Generating Station in Farmington. As a result, the Supreme Court is being asked to reconsider its decision allowing Public Service Co. of New Mexico to delay issuing rate credits to …
Campbell’s Soup Company to acquire power from new Enel Green Power’s Oklahoma wind farm
A Western Oklahoma wind farm that should be completed and operational by the end of the year will provide power to Campbell Soup Company. Campbell and Enel North America announced Monday a 12-year virtual renewable power purchase agreement involving Enel’s Seven Cowboy wind project currently under construction in Washita and Kiowa Counties. The farm …
Demolished nuclear power plant in Vermont to be buried in Texas
Many Texans don’t like it but a nuclear power plant in Vermont that is being demolished will be hauled to Texas for burial. That includes millions of gallons of contaminated water along with the pieces that made up the Vermont Yankee power plant reported Bloomberg. Click here for Bloomberg
Oklahoma farmers hit hard by diesel fuel prices and shortage
Higher prices and less production of diesel fuel in the U.S. are hitting more than just truckers—Oklahoma farmers are feeling the direct impact. The Enid News and Eagle reported how one farmer has been affected. Click here for Enid News and Eagle
GHG emissions in Oklahoma follow national trends
A recent report from the Environmental Protection Agency showed greenhouse gas emissions in 2021 across the U.S. indicated a long-term decreasing trend since 2011 and Oklahoma saw the same kind of decline. But the agency also indicated emissions from large industrial sources were about 4% higher than 2020. The EPA said the increase reflected …
Oklahoma regulators to consider rate hike request by ONG
Oklahoma Corporation Commissioners will meet this week to consider a request from Oklahoma Natural Gas Company that could see a nearly $2 a month increase in rates for the firm’s customers. Oklahoma Natural Gas filed an application in March for approval of its Performance Based Rate Change Plan calculation. The request seeks a base …
Rig counts gain in Oklahoma and U.S.
Rig counts increased in Oklahoma and across the U.S. in the past week, indicating there is no letup in the search for more crude oil and natural gas across the nation. Oklahoma’s count, reported Baker Hughes, grew by one to 70 rigs working across the state. A year ago, the state’s count stood at …
Crude prices dropped 2% on Friday and brought OK energy stocks down with them
The day after Thanksgiving Day, crude oil prices suffered a 2% drop over continuing worries about Chinese demand and growing debate over the Western price cap of Russian oil. West Texas Intermediate crude for January delivery fell $1.66 or 2.13% a barrel to settle at $76.28 on the New York Mercantile Exchange. Global benchmark …
Evergy’s energy efficiency plan targeted by Kansas regulators
The staff of the Kansas Corporation Commission has come out against energy efficiency programs that could provide millions of dollars in help for Evergy’s Kansas customers. The Kansas Corporation Commission must sign off on the agreement that the utility reached with consumer and environmental advocates reported the Kansas Reflector. Click here for Kansas Reflector.