Oklahoma Corporation Commissioners will hold a regular meeting Wednesday at the State Capitol. The 9:30 a.m. meeting in the Jim Thorpe building will include a signing agenda. Click here to view the agenda.
Traffic restricted on McClellan-Kerr waterway
Until the Army Corps of Engineers moves in dredging machines, commercial navigation along the McClellan-Kerr Arkansas River Navigation System in eastern Oklahoma will be restricted. The Tulsa World reported that Tulsa Port of Catoosa Director David Yarbrough indicated the navigation will remain limited by tow size and also face Commercial navigation along the McClellan-Kerr Arkansas …
Power Pool asks feds for tariff rates in new energy market
The Southwest Power Pool, of which Oklahoma is a part filed a request last week with regulators requesting a tariff for rates, terms and services for the Pool’s Western Energy Imbalance Services market. The SPP hopes to launch the market in a year and has signed up seven utilities to be a part of it. …
Sulfuric acid spill shuts down Arkansas highway
A sulfuric acid spill shut down a highway for several hours near Little Rock, Arkansas early Tuesday. The Arkansas Department of Emergency Management said 2,600 gallons of the acid spilled when an 18-wheeler was hit by another vehicle and the tanker broke apart on Highway 67 near the town of Austin located northeast of Little …
Inhofe? Run again or retire? Decision coming soon
Oklahomans should learn next Friday whether U.S. Sen. Jim Inhofe, at the age of 85 will seek re-election or retire from the Senate. He told reporters this week in Washington, D.C. he plans to announce next Friday but didn’t indicate if he has already decided or is weighing what to do. Inhofe was first elected …
$8 billion pipeline now in hands of Supreme Court justices
The fate of the Atlantic Coast Pipeline is now in the hands of the U.S. Supreme Court which heard arguments Monday on whether it should be blocked from crossing the Appalachian Trail. The 600-mile natural gas project would begin in West Virginia and stretch through Virginia and North Carolina. But in December 2019, the 4th …
Energy news in brief
** Republican lawmakers Monday boycotted the Oregon Legislature, denying Democrats a quorum in an attempt to doom a contentious climate change bill. A legislative panel approved the bill after it rejected a proposed GOP amendment to put the issue on the ballot in November. Last year, Republicans, who are in the minority in both the Senate and …
Positive free cash flow reported by Ascent Resources
The fourth quarter of 2019 saw a drop in earnings forAscent Resources Utica Holdings, LLC in Oklahoma City but its overall 2019 net income saw a huge turnaround compared to 2018. The company reported fourth quarter net income of $65 million and adjusted net income of $98 million compared to net income of $124 …
OGE wants rate hike to repair aging system
Oklahoma Gas and Electric is hoping to convince state regulators to approve a plan to raise rates on customers so improvements can be made to the utility’s aging transmission and distribution system. The company filed a request Monday with Corporation Commissioners for approval of a cost recovery mechanism of a proposed five-year improvement plan. OGE …
Flood maps and climate change to be focus of House hearing
Oklahoma U.S. Reps. Frank Lucas and Kendra Horn will be among those in Congress this week exploring the issue of whether the National Flood Insurance Program should be reauthorized. Both sit on the House Science, Space and Technology Committee. Rep. Lucas, a Republican is the ranking minority member while Congresswoman Horn is on the Democratic …
