Inhofe behind letter urging EPA to fight court ruling

Oklahoma U.S. Sen. Jim Inhofe was apparently the Senator behind the letter sent to the EPA this week urging the agency to continue granting relief to small refinery operators from meeting Renewable Fuel Standard requirements. He and eight other Republican Senators, including Oklahoma U.S. Sen. James Lankford sent the ltter to EPA Administrator Andrew Wheeler …

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Corporation Commissioner attacks reform bill—calls it micromanagement attempt

A “wolf in sheep’s clothing.”  It’s what Oklahoma Corporation Commissioner Bob Anthony calls a house bill introduced by Seminole Republican Rep. Zack Taylor. But Taylor is defending the measure and criticizes Commissioner Anthony. Anthony has launched a broadside attack on HB 1556 which is called the Oklahoma Corporation Commission Reform Act, a bill originally introduced …

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Oil and gas gross production tax revenue plunges 20% for Oklahoma

With a nearly 20% drop in gross production tax revenue from oil and gas, Oklahoma’s gross receipts to the treasury are back in negative territory for the month of February. Treasurer Randy McDaniel announced Wednesday the February total monthly collections were $956.8 million, down by $14.7 million or 1.5 percent compared to February 2019. He …

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Energy news in brief

** After years of disputes over net metering, Iowa solar advocates and the state’s largest utility find common ground in a proposal that would preserve payments to solar customers and call for a value of solar study. ** The Indiana Senate passes its version of a bill that would require regulatory approval for coal plant closures, though it is less favorable …

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Colorado’s utilities about to face new methane gas purchasing rule

Colorado is on the verge of requiring the largest utilities in the state to buy a growing portion of the natural gas they purchase from renewable sources such as sewage plants, dairies and landfills. The law would require that by 2025 at least 5% of natural gas bought by utilities with more than 200,000 gas …

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Marathon to invest heavily in retail arm Speedway

The nation’s largest petroleum refinery operator plans to invest heavily in its retail segment in 2020 before spinning off the Dayton-area subsidiary at the end of the year. That’s big news for the continued growth of Speedway LLC, the Enon-based retailing arm of Marathon Petroleum Corp. . Speedway, the second-largest convenience store chain in the …

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Upset in Texas Railroad Commission primary race

A member of the top energy regulator in Texas lost his place on November’s ballot to a Republican challenger, a major upset for an incumbent supported by some of the oil industry’s biggest names. Ryan Sitton, whose six-year term ends in January, conceded to Jim Wright as the party’s nominee for a spot on the …

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Renewable energy supporters are told—“the future is now”

Nearly 100 renewable energy advocates who belong to the Oklahoma Power Alliance spent Tuesday lobbying state legislators about the benefits of wind and solar power in the state. “Lawmakers need to understand this is not some far-off future–this is now,” said Mark Yates, Vice President of the Alliance as he spoke to the 100 gathered …

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PSO Joins National Campaign to Combat Scams

  The FTC’s National Consumer Protection Week is underway and as a member of Utilities United Against Scams, PSO is joining this weeklong advocacy to educate customers on how they can guard against falling victim to imposter utility scams. In 2019, PSO received more than 1,500 calls from customers reporting an attempted scam.  It is …

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Williams Cos. urges shareholders to reject mini-tender offer

Tulsa’s Williams Cos. has come out against an unsolicited “mini-tender” offer from TRC Capital Investment Corporation. It also claims the offer is really an attempt to take advantage of market volatility caused by the coronavirus fear. TRC is attempting to purchase 5 million shares or approximately 0.41% of outstanding shares at a common stock price …

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