Oklahoma’s Aerospace and Defense Industry to be highlighted at annual event

  Oklahoma’s annual Aerospace and Defense Industry Day will be held May 16 in Midwest City on the Rose State College campus. Many of the state’s top aviation and aerospace entities have participated in past Aerospace Days. The special day will be hosted by the U.S. Air Force’s Strategic Alternate Source Programming Office. This year’s …

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Green funding hit by House debt limit bill

  The debt limit bill passed by House Republicans this week was not only a move made to force President Biden into negotiations to prevent a catastrophic federal default this summer, but it included massive cuts in green energy funding. Passed on a 217-215 vote with all five Oklahoma Representatives voting for the measure, the …

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Farmers’ Right to Repair bill becomes law in Colorado

  Colorado is the first state in the country to pass a law giving farmers the right to repair their own equipment, a move aimed against major farm implement manufacturers who used software locks to discourage customers from repairing their own tractors. Gov. Jared Polis signed the bill this week. The measure requires manufacturers to …

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Republicans move to block investigation of 2021 winter storm gas bills

  The muddy controversy over whether Oklahoma should investigate the sky-high cost of natural gas during the 2021 Winter Storm Uri, a development that led to utilities passing along the costs to consumers for the next nearly three decades, took another turn this week. Republican lawmakers filed a bill to exempt natural gas from Oklahoma’s …

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Evergy wants a 10% increase in monthly electricity charges in Kansas

  Customers of Evergy, the largest electrical supplier in the state of Kansas are facing a nearly 10% increase in rates. It’s what the company is asking and if it is approved, the increase will result in a nearly $14 a month addition to customers. Click here for the Hutchinson News

Agreement announced on PSO renewable energy projects

    Attorney General Gentner Drummond and several parties representing customer interests have entered into a joint stipulation and settlement agreement with Public Service Company of Oklahoma (PSO) regarding its pending application for approval of six capacity projects. The settlement paves the way for a decrease in PSO customer rates beginning in 2026. The project …

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Renewable diesel fuel gains traction at US refineries

  Renewable diesel fuel is gaining ground across the U.S. CVR Energy Inc. is increasing production at its Wynnewood refinery in Southern Oklahoma where production started in October 2022. Marathon Petroleum has similar production at a plant in Dickinson, North Dakota where the company describes the fuel as a major turning point in the world …

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Headlines

** Electric vehicle sales surpassed more than 10 million last year, a rise of 55% compared with 2021, with China accounting for about 60% of the market, according to an International Energy Agency report. ** The office of U.S. climate envoy John Kerry is facing a subpoena threat from House Oversight Committee Chairman James Comer …

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Senate votes to overturn EPA rule targeting big trucks

  Oklahoma U.S. Sens. James Lankford and Markwayne Mullin were among those who voted this week to overturn Environmental Protection Agency rules targeting heavy-duty trucks for their smog-emissions. Despite the 50-49 vote, the White House said President Biden will veto the measure. Among supporters for the bill was Democratic Senator Joe Manchin reported Reuters. Click …

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Crude oil fell 4% and Oklahoma energy stocks joined the slide

  Crude oil took a 4% hit in Wednesday’s trading and Oklahoma energy stocks felt it as well with some falling from 2% to 4%. Crude inventories, including those at  the Cushing Hub in Oklahoma, fell more than expected, sending a surge in recession fears. West Texas Intermediate crude dropped 3.6% on a $2.77 fall …

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