NextEra Energy, the company known for its wind farm production across Oklahoma and other states, plans a release of its third quarter financial results in a few weeks. The Florida-based company will release the report before the opening of the New York Stock Exchange on Wednesday, Oct. 23. John Ketchum, chairman, president and …
Power grid reminds member states of persistent heat
Southwest Power Pool members, including Oklahoma, received a continuation of a Resource Advisory because of the lingering heat dome that produces temperatures into the 90s across much of the country’s middle. In a notice this week, the SPP said it was extending its current Advisory for the entire balancing authority area (14 states) through …
Bill Gates and his new wind turbine prototype
Billionaire Bill Gates and his Airloom Energy company recently received a nearly $14 million financing to construct a new type of wind farm in Wyoming. Instead of rising hundreds of feet into the air, the company’s proposed wind generator is a round structure built lower to the ground. Bloomberg reported some of the …
Transportation Commission approves nearly $9 billion 8-year construction work plan
Highlights of the Oklahoma Transportation Commission’s Monday, Oct. 7, meeting include adoption of the Oklahoma Department of Transportation’s updated Eight-Year Construction Work Plan, a briefing on the federal funding highway appropriations bill, approval of a I-44 and US-75 interchange reconstruction project in Tulsa, and a bridge rehabilitation project along I-40 over I-44 in Oklahoma City. …
Turnpike Authority pushes more projects closer to construction
The ACCESS Oklahoma long-range plan work will increase in 2025 as up to 127 construction projects will get closer to engineering design completion throughout the next year, Oklahoma Turnpike Authority Board members learned Tuesday during their regular monthly meeting. ACCESS Oklahoma is a 15-year long-range plan that will provide needed upgrades to the …
Crude prices fell Wednesday on nation’s jump in crude oil supplies
A hefty gain in U.S. crude oil supplies, including those at the nation’s largest tank farm, the Cushing Hub, sparked a drop in crude oil prices Wednesday. But the fall wasn’t as big as it could have been because of the continuing risk that Iran’s crude oil supplies might be interrupted by fighting in the …
Crude oil supplies increased across the U.S. and at Cushing Hub in past week
Crude oil supplies increased at the Cushing Hub in northern Oklahoma over the past week and did the same across the U.S. The latest report from the U.S. Energy Information Administration showed a national gain of 5.8 million barrels as supplies across the country rose from 416.9 million barrels in late September to …
Heat’s still with us—-but colder weather is threatening
Sometimes I think State Climatologist Gary McManus has too much fun with his prognostications. His latest? The approach of colder weather and when we might have our first freeze in the state. Don’t worry—it’s coming and maybe earlier than some of us think. Maybe it’s time to make sure the tomato plants that are …
Wildfires result in lower oil production in North Dakota
Oil production is expected to take a slight dip in North Dakota because of ongoing wildfires. Reports by Reuters and the Associated Press indicated that production might be down as much as 90,000 barrels a day. According to the North Dakota Pipeline Authority, natural gas production is also affected by the wildfires that …
Winter heating costs to follow last year’s
With the heat dome lingering over Oklahoma and much of the middle part of the country, it’s hard to think about winter and cold-weather heating bills. But the U.S. Energy Information Administration came out with a report this week saying it expects most U.S. households, on average, will pay about the same to heat …
