Volatility. Uncertainty. Turmoil. Words Mid-Con Energy Partners used this week in suggesting it might fail financially and have to close its doors if the pandemic’s effects continue much longer. The Tulsa company announced it will delay its financial earnings report for the quarter quarter of 2020, blaming disruption caused by the COVID-19 pandemic. …
The group that operates the Texas electric grid expects the state to break records for peak electricity use this summer, despite the fact that people are using less electricity because of the COVID-19 pandemic. In its Seasonal Assessment of Resource Adequacy, the Electric Reliability Council of Texas forecasts yet another hotter-than-average summer. That combined with continued …
A resolution supporting the extension of passenger rail service from Oklahoma City to Newton, KS, was adopted unanimously by the House of Representatives on Wednesday. House Resolution 1036, by State Reps. Ken Luttrell, R-Ponca City, John Pfeiffer, R-Orlando, and Garry Mize, R-Guthrie, supports the extension of Amtrak passenger rail service between the two cities and …
Coal leases in Oklahoma are part of a legal move by a coalition of U.S. states, environmentalists and an American Indian tribe to fight for a moratorium on coal sales from federal lands, a moratorium originally imposed by former President Barack Obama and dropped by the Trump administration. The case centers on whether the Trump …
** HollyFrontier Corporation announced that its Board of Directors declared a regular quarterly dividend in the amount of $0.35 per share, payable on June 18, 2020 to holders of record of common stock on May 26, 2020. ** The Energy Department says it will take nominations to buy 1 million barrels of oil to store in the …
It was a twitter sent out Thursday morning by Oklahoma Treasurer Randy McDaniel that grabbed headlines and drove home the impact of the coronavirus on the state’s economy. “April Gross Receipts to the Treasury plunged by more than half a billion dollars as the coronavirus pandemic disrupts Oklahoma’s economy,” he tweeted. The word “disruption” might …
She’s not exactly loved by Oklahoma’s fossil fuel industry, but Democrat Rep. Alexandria Ocasio-Cortez, better known as A-O-C, one of the authors of the Green New Deal is now playing an important role in Joe Biden’s campaign for the White House. This week, he named her to co-chair a task force on climate change, a …
New data claims more than 447,000 employees in the clean energy sector lost their jobs last month in the U.S. because of the coronavirus pandemic and fuel crisis, including nearly 3,800 in Oklahoma. BW Research Partnership and industry groups released the figures this week and they show Oklahoma’s job loss in the clean energy …
The COVID-19 pandemic has forced the Oklahoma Sierra Club to cancel all in-person meetings and events through the middle of June. In an email notice this week, the club said it continues to place health and safety above all else in response to the coronavirus pandemic. As such, it will avoid in personal meetings until …
In the mad scramble by states including Oklahoma to attract Tesla, it seems Texas might have a slight edge after founder Elon Musk talked of being disgusted with California officials and suggested he will move his car manufacturing plant. Reports indicate Texas Gov. Greg Abbott has spoken with Elon Musk and said the Tesla founder …