CenterPoint Energy, Inc. continues to execute on its long-term strategic plan of becoming a pure-play regulated utility, with an improved business risk profile and strengthened balance sheet, to benefit both its customers and investors. The company announced it has entirely exited its midstream interest with the sale of its Energy Transfer holdings, including its …
Mammoth Energy tries again to get Puerto Rico to pay for hurricane relief work
Mammoth Energy’s Chief Financial Officer tried to make a case in a recent hearing for Puerto Rico to pay the millions it owes the Oklahoma City-based energy company for electricity restoration following the 2017 Hurricane Maria that struck the island. Mark Layton spoke at the 34th Public Board Meeting of the Financial Oversight and Management …
Legislator wants to become member of Congress
State Rep. Avery Frix, chair of the Oklahoma House Transportation Committee joins the fray for the GOP nomination for Second Congressional District. Click here for McCarville Report.
Gasoline prices increased in Oklahoma
While national gasoline prices appear to have stabilized, Oklahoma prices are higher in some cases and lower in others. The American Automobile Association reports the national average of $4.24 per gallon is the same as a week ago but still higher than the $3.61 average of one month ago. Oklahoma’s average of $3.81 is …
Fuel shortage hit Austin’s airport
Travelers at Austin’s international airport were warned this week of a jet-fuel shortage. Officials at Austin-Bergstrom International Airport went so far as to issue a fuel-shortage alert on Monday and told airlines to send in more supplies or carry extra fuel. Sam Haynes, a spokesman for the airport explained that the airport’s two fuel-storage …
Additional energy headlines
** The fiscal year 2023 request unveiled Monday by President Biden would boost government-wide spending on climate and clean energy programs to almost $45 billion, the White House said. ** U.S. new vehicle sales could fall to the lowest first-quarter volume in the past decade as chip shortages and the Ukraine crisis squeeze inventories and rising prices push …
Study critical of polluted water in Oklahoma and other states
A new report by an environmental group contends that half of US water is too polluted for swimming, fishing or drinking and that includes parts of Oklahoma’s waterways and lakes and reservoirs. The report was released by the Environmental Integrity Project, a nonpartisan nonprofit created by former Environmental Protection Agency attorneys. They published a report that …
Dems left with empty chairs at hearing targeting Devon Energy and others
Devon Energy and two other oil and gas firms have indicated what Democrats on a House committee can do with their attempts to force them to testify on disparities between oil and gas prices. Devon, EOG Resources and Occidental Petroleum refused Tuesday to testify before the House Natural Resources Committee led by anti-oil and …
State Capitol to Host Aerospace Awareness Day on Wednesday
The Oklahoma Aeronautics Commission will host its annual AERO Oklahoma Aviation, Aerospace & Defense Awareness Day at the Oklahoma State Capitol on Wednesday, March 30. The event recognizes Oklahoma’s aviation, aerospace and defense industry as a vital economic engine for the state. AERO Oklahoma is the industry’s largest gathering in aviation and aerospace, the state’s …
U.S. Senate Committee Hearing on Domestic Critical Mineral Supply Chains Set This Week
The U.S. Senate Committee on Energy & Natural Resources will meet on Thursday, March 31 at 10 a.m. EDT to discuss the opportunities and challenges facing domestic critical mineral mining, processing, refining and reprocessing. Following opening remarks by Chairman, Sen. Joe Manchin, and fellow ranking member, Sen. John Barrasso, the Committee will hear witness testimony …