Oklahoma City-based Devon Energy will release its first quarter earnings report on Tuesday May 4. The company announced the release will be made after the close of U.S. financial markets. It will follow with a conference call the next day, Wednesday May 5 at 10 a.m. Central Time. The earnings release and presentation for the …
Energy news in brief
** South Korea’s SK Innovation Co Ltd said on Tuesday it is considering all options including pulling its battery business out of the United States if President Joe Biden does not overturn a trade panel’s decision against it by April 11. ** Twenty-six people were arrested last week at a Line 3 pipeline protest in Minnesota, including some …
New Mexico sues US over proposed nuclear waste storage plans
New Mexico sued the U.S. Nuclear Regulatory Commission on Monday over concerns that the federal agency hasn’t done enough to vet plans for a multibillion-dollar facility to store spent nuclear fuel in the state, arguing that the project would endanger residents, the environment and the economy. Click here for story from Associated Press.
How a wave of electric-car adoption could strain power grids
The power crisis that left more than 100 dead in Texas last month now has Electric Vehicle proponents wondering and pondering how a new wave of EVs could pressure the country’s electric grid. Could the increase in EVs result in more power crises? Will there be enough electric power to recharge a growing population …
Foot in mouth mistake by Buttigieg over his mileage tax mistake
Might have been a good thing Pete Buttigieg retreated Monday on the idea that floated of a possible mileage tax to pay for the President’s multi-trillion-dollar infrastructure plan. He would have had to deal with at least one Oklahoma congressman. Republican Rep Frank Lucas was clear in his opposition. “At a time when our …
Suez canal unblocked–oil went up–Oklahoma energy stocks dropped
With the unblocking of the Suez Canal by a cargo ship nearly the length of New York’s Empire State Building, it sent oil prices rising in Monday’s trading. Oklahoma energy stocks went the opposite direction. The massive container ship, Ever Given was freed early Monday after being stuck cross ways for nearly a week, …
Oklahoma regulators to consider another utility’s storm costs
The latest utility to approach Oklahoma Corporation Commissioner’s for help in dealing with high February storm gas costs is the Fort Cobb Fuel Authority based in Eakly. The Authority followed in the footsteps of other utilities in asking for special regulatory treatment for abnormal gas supply costs. In its filing, Fort Cobb said unless …
Texas power companies try to block release of storm-related records
Legal battles are underway in Texas to determine whether utilities and power companies should reveal information about what went wrong in the February winter storm and power crisis. Many of the power companies are fighting the release of the information to the media. The Electric Reliability Council of Texas has been hit with hundreds …
Windfarm sale turns off Southeast Kansas residents
Southeast Kansas residents indicate they support proposed stricter regulations on wind farms, especially after one renewable energy giant sold its wind farm resulting in electricity being shipped to Nebraska and not in Kansas. The Morning Sun in Pittsburg reported the change in attitude following Apex Energy’s sale of its Jayhawk Wind project in Crawford …
Roasted Buttigieg now says mileage tax off the table!
After being literally roasted by his critics for suggesting a mileage tax could be on the table to pay for the President’s multi-trillion-dollar infrastructure plan, Transportation Secretary Pete Buttigieg quickly backtracked on Monday. “No, that’s not part of the conversation,” he said succinctly in an interview Monday with CNN. It was a far cry …









