In 2021, the number of U.S. registered light-duty electric vehicles (EV) on the roads reached 2.13 million vehicles, a sharp increase from the less than 100,000 EVs on the roads in 2012, according to the U.S. Energy Information Administration’s Monthly Energy Review. EVs have become more popular in the United States over the past decade …
Osage Nation Continues Fighting Enel on Wind Turbine Damage to Mineral Estate
KOSU reported that critics within the Osage Nation are clashing with modern day technology in a fight to protect the tribe’s origin and Native American culture. They say their estate is illegally impeded by wind turbines and their operators, as their presence damages the prairie and harms the mineral estate. The Osage Nation is adamant …
Ascent Resources Announces $12.5 Million Quarterly Distribution and Reverse Stock Split
Oklahoma City-based Ascent Resources, LLC announced on Wednesday that its Board of Managers approved a quarterly distribution of $12.5 million payable on September 25, 2023 to unitholders of the Company. All future distributions are subject to further approval by the Board of Managers. Additionally, the Company will conduct a reverse stock split of its outstanding …
Minnesota’s Microgrid Research Center to Aid in Workforce Development and Assist Power Grid
In St. Paul, Minnesota, a college’s microgrid research center is preparing to expand after securing significant new state and federal funding. The University of St. Thomas’ Center for Microgrid Research plans to triple its three-person staff and enroll more students thanks to money from a $7.5 million state legislative appropriation and $11 million in federal …
Evergy Withdraws Missouri Opt Out Request for Time of Use Pricing
Ten days after seeking permission to allow customers to opt out of controversial time-of-use pricing, western Missouri’s major electric utility withdrew its request with state regulators, according to a news article published earlier this week by the Missouri Independent. Under an order from the Missouri Public Service Commission, Topeka-based Evergy is expected next month to …
Lankford Holds Facebook Live Event to Discuss Government Shutdown Act
Oklahoma Senator James Lankford communicated with his constituents through Facebook Live recently to provide the latest update on his bipartisan Prevent Government Shutdowns Act. The bill requires all Members of Congress, staff and the Office of Management and Budget must stay in the nation’s capital and work until the spending bills are completed if appropriations work is not done on time. This will prevent future threats of a government-wide shutdown, …
Gulfport Energy Expands Stock Buyback Program to $650 Million
Anticipating significant cash flow through the end of next year, Oklahoma City-based Gulfport Energy Corporation announced that the board of directors expanded its common stock repurchase authorization by 63 percent to $650 million, according to a company press release issued on Wednesday. This increased authorization extends the program through December 31, 2024. “As we close …
Commissioner Anthony Blasts OCC’s One-Page Audit of 2021 Winter Storm Bonds
Oklahoma Corporation Commissioner Bob Anthony has spoken out again regarding the handling of the February 2021 winter storm by the OCC and utilities. He is now calling for State Auditor and Inspector Cindy Byrd to conduct a full, independent audit on all expenses related to ratepayer-backed bonds authorized by the OCC over Winter Storm Uri. …
10th Circuit Partially Reverses EPA’s Smog Reduction Plan in Denver
A divided 10th Circuit Court of Appeals partially invalidated the U.S. Environmental Protection Agency’s approval for Colorado’s plan to reduce smog near Denver on Monday, after an environmental group complained it essentially allowed “unlimited” pollution from fracking. According to a Reuters report, a split 2-1 panel agreed that the EPA broke the law when it …
Fraud, Falsified Public Documents at Center of Ohio State Parks Fracking Proposal
An Ohio commission is poised to rule on proposals to drill under state parks and wildlife areas before the conclusion of an investigation into fabricated public comments submitted in favor of the proposals. The Ohio Oil and Gas Land Management Commission deferred a decision Monday in order to allow more time to consider the lease …