An Oklahoma Supreme Court referee heard arguments Wednesday as three utilities sought nearly $3 billion in ratepayer-backed bonds to pay for their 2021 February storm costs. The Oklahoma Development Finance Authority pitched the requests in all three separate hearings before referee Kyle Rogers. The hearings were held publicly but not aired live over the …
Crude still above $100 with a 4% jump
Crude oil prices rose 4% on Wednesday and hit a 2-week high even as U.S. crude inventories grew. The jump came as global markets are set to lose more Russian oil. West Texas Intermediate crude for May delivery went up $3.65 and settled at $104.25 a barrel in trading on the New York Mercantile …
ONG seeks rate hike
Documents show that a week before Oklahoma Natural Gas Company filed for Supreme Court approval of $1.4 billion in ratepayer-backed bonds to pay for February 2021 storm costs, the company also filed a request with the Corporation Commission to raise rates on its customers. The March 15 application by ONG asked regulators to increase …
Oklahoma regulators to meet Thursday
The Thursday morning meeting of the Oklahoma Corporation Commission will include an update on the commission’s Electronic Case Filing System. It will be part of a regular meeting that starts at 9:30 a.m. The agenda released on Wednesday indicated commissioners will receive a status and update on communication, training and utilizing the ECF system. …
National Sierra Club suspends Colorado chapter
All is not well in the Colorado chapter of the Sierra Club. The Sierra Club moved this week to suspend its Colorado chapter leadership for four years, citing “harmful and non-inclusive management culture” issues. E&E News reported the Club’s board of directors voted to put the Colorado organization under temporary leadership until 2026. The report …
PSO to highlight environmental record on eve of Earth Day
Public Service Company of Oklahoma plans to highlight its environmental performance along with the opening of the largest wind farm built at one time in North America on Wednesday. The company will make a presentation Wednesday morning at the Tulsa Enviro-Expo, Guthrie Green, 111 E. Reconciliation Way. PSO is a subsidiary of American Electric …
Other energy headlines
** Swing vote Sen. Joe Manchin (D-W.Va.) floated the idea of a “rebranded” or “rerouted” Keystone XL pipeline during a visit to Canada on Tuesday. “The brand of the XL pipeline is probably gone,” Manchin told reporters when asked about the chances of a revival of the never-completed vessel. “Can it be rebranded, can it be rerouted, can …
EV charging corridor completed in Colorado
Colorado recently completed a corridor of electric vehicle fast-charging sites running along Highway 40 from Boulder to Dinosaur near the Utah border. The corridor was established with the help of ChargePoint , a leading electric vehicle (EV) charging network and is the first of six such corridors to be established in the state. The fast-charging highway …
Opponents fight proposed largest wind farm in Kansas
Residents in north central Kansas are putting up a fight against what would be the largest wind farm ever built in the state. NextEra Energy has proposed the High Banks Wind Farm to be located in Republic County near the city of Belleville but area residents don’t want it according to FOXNE, KFXL. Click …
Coterra to release 1Q earnings report
First-quarter 2022 financial and operating results for Coterra Energy Inc. will be released Monday, May 2. The company intends to make the information available after the market closes, then hold a conference call at 9 a.m. on Tuesday, May 3. In February, Coterra, the company formed in October 2021 due to the merger of …