The blizzard that hit New Mexico late this week, dumping 24 inches of snow in some places, also hit the Oklahoma Panhandle with up to a foot of snow. State Climatologist Gary McManus reported Friday that Kenton, the last western most community in the Panhandle, received 16 inches of snow. “I mentioned snow (CALM …
Water line break forced closure of Oklahoma Corporation Commission offices
The Oklahoma Corporation Commission offices were closed Friday because of a water line break. It resulted in the closure of the offices at the Will Rogers Memorial building located at 2401 N. Lincoln Blvd. The commission explained in an announcement that the lack of water pressure means the building’s fire protection system is inoperable …
Oklahoma’s 2021 winter storm bond system might be copied by Duke Energy over hurricane damage
Storm bonds and extending recovery costs for years—-it’s not just an Oklahoma scenario such as ratepayers experienced following the disastrous 2021 winter storm. Three hurricanes–Debby, Helene and Milton, caused extreme damage in the southeast U.S. and Duke Energy felt the brunt of it. So now Duke Energy indicated it might take a cue from what …
OGE recovers from storm losses around OKC
Oklahoma Gas and Electric Co. is faced with the task of rebuilding power lines and replacing power poles downed in the tornado of a week ago in eastern Oklahoma County. While the last of the customers who lost power in the tornado were expected to have it restored on Friday, the utility is dealing …
Energy briefs
** The Biden administration plans to publish a draft study by the end of this year that could have implications for the future of new gas exports. The administration said earlier this year that it would work to more fully assess the impacts of exporting U.S.-produced natural gas on climate change, national security and economics. ** Boeing CEO Kelly …
Icahn plans to increase holdings in CVR Energy
An investment fund controlled by billionaire activist investor Carl Icahn cut its dividend payout by half on Friday and at the same time announched intentions to gain more interest in CVR Energy Inc., the company with refineries in Pauls Valley, Oklahoma and Coffeyville, Kansas. As indicated in a third quarter earnings statement, Icahn Enterprises …
Gulf storm worries traders as crude oil prices rebound
Crude oil prices made a more than 1% gain on Thursday while drillers in the Gulf of Mexico braced for the impact of Hurricane Rafael. Traders also consider how the energy policies of President-elect Donald Trump might affect oil supplies. The day’s increase in prices was the opposite of what happened Wednesday when the …
Extended PFAS testing around Air Force Base in Clovis, New Mexico
The PFAS concern is so great in New Mexico that the state is offering the testing of more residents around Clovis, home to Cannon AFB where the chemical was used in firefighting. PFAS from firefighting foams were primarily discharged into the soil at firefighting training areas around Cannon AFB. These chemicals migrated into local groundwater …
Williams records big gains in 3Q but lags behind for the year
Williams Cos. made financial gains in the third quarter including an 8% increase from a year ago in net income which totaled $705 million and 58 cents a share, although its year-to-date earnings are down from a year ago. Adjusted net income was $528 million and 43 cents while the third quarter adjusted EBITDA …
OGE encourages customers to check eligibility for Residential Energy Efficiency program
As temperatures begin to cool, Oklahoma Gas & Electric Company (OG&E) is encouraging customers to see if they qualify for the Residential Energy Efficiency program, which provides upgrades and enhancements that make homes more comfortable during extreme temperatures and helps customers save on their electric bills. The program comes at no additional cost …