Shellie Chard, Water Quality Division Director for the Oklahoma Department of Environmental Quality (DEQ), has been chosen to serve on the Board of Trustees for the Water Environment Federation (WEF). “It is such a great honor to serve on the WEF Board of Trustees. This will allow me to influence national and international water …
Oklahoma announces bond sales to finance 8-year highway plan
The Oklahoma Capitol Improvement Authority (OCIA) announced the offering $171.1 million of State Highways Capital Improvement Revenue Bonds, Tax-Exempt Series 2020B and $22.3 million of State Highways Capital Improvement Revenue Refunding Bonds, Federally Taxable Series 2020C on October 20, 2020. The bonds will be offered via negotiated sale through the OCIA’s underwriting syndicate, led by …
Supreme Court ruling could mean loss of millions of dollars for Oklahoma regulators
A study of the impact of the recent U.S. Supreme Court ruling that said as much as half of the state of Oklahoma remained Indian reservations shows Oklahoma Corporation Commissioners are bracing for possible loss of regulatory enforcement and revenue. Entitled “Report of Potential Impact”, it was forwarded to Gov. Kevin Stitt per his …
Energy stocks suffer again in trading
Oil prices jumped but a lot of energy stocks didn’t follow suit, with a few exceptions. Alliance Energy Resources finished Wednesday up 9 cents for a 3.32% gain to $2.80 a share. Blueknight Energy slipped one cent for a 1% drop to $1.34. Chesapeake Energy took a 37 cent tumble or nearly 9% decline to …
Oil prices finish higher, encouraged by OPEC+ commitment to output cuts
Oil futures stretched their gains to a second session Wednesday, as Saudi Arabia and Russia reportedly held a discussion by phone, reiterating the OPEC+ commitment to abide by the production-cut agreement. West Texas Intermediate crude for November delivery climbed by 84 cents, or 2.1%, to settle at $41.04 a barrel on the New York Mercantile …
Climate change and the Supreme Court nominee
Supreme Court nominee Amy Cony Barrett revealed some of her thoughts about climate change in questioning from U.S. Senators this week. Barrett was asked about climate change, telling the Senate panel: “I’m certainly not a scientist. … I’ve read things about climate change. I would not say I have firm views on it.” POLITICO …
OGE completes two solar energy farms in Southeast Oklahoma
OG&E, the electric utility subsidiary of OGE Energy Corp. announced that it has completed construction of two 5 MW solar energy farms in southeast Oklahoma. Both centers are operating at full capacity. In February, the company announced it would build the two solar energy centers, one in Davis, Oklahoma, and one in Durant, Oklahoma, to help meet the …
OPEC+ Oil Boost to Leave Market in Precarious Balance, IEA Says
The International Energy Agency said in its monthly market report that the outlook for oil “remains fragile” due to the pandemic and that, despite OPEC and its allies’ plan to increase oil supplies in 2021, the market has limited space to accept an influx of supply. Meanwhile, a number of the cartel’s delegates have …
Energy news in brief
** Supreme Court nominee Amy Coney Barrett says in a confirmation hearing that she does not have “firm views” on climate change. ** President Trump signs an executive order committing the U.S. to a global tree-planting initiative, while an order to open a protected national forest to logging is still pending. ** The city of El Paso, Texas, unanimously reaffirms …
Oil and gas tax collections continue to lag behind estimates
Oklahoma leaders say general revenue fund collections in September were above the monthly estimate for the second consecutive month. But oil and gas gross production revenue continued to be weak and well below the estimates. General Revenue Fund collections in September totaled $562.8 million, which is $9.5 million, or 1.7%, above the monthly estimate. …









