Oklahoma U.S. Sens. James Lankford and Markwayne Mullin think the Department of Energy ban on the sale of nearly all gas stoves in the country is not only “misguided,” but “illogical and harms hard-working Americans that are already struggling due to skyrocketing inflation.” It’s what they wrote in a letter sent this week to …
3 dead from tornadoes while utilities work to restore electrical power
The estimated dozen tornadoes, strong winds and large hail that left at least three dead in the McClain County town of Cole also resulted in nearly 23,000 OG&E customers without power Wednesday night. The utility reported that as of late Thursday afternoon, it had trimmed the outage total to 14,625 customers. Some 1,700 operations …
Senator Mullin blasts Biden nominee for ignorance of business issues
Oklahoma U.S. Sen. Markwayne Mullin put President Biden’s Secretary of Labor nominee, Julie Su, on the hot seat this week, grilling her about her lack of qualifications for the position. It came during a Senate Health, Education, Labor, and Pensions Committee hearing in which the GOP Senator took Su to task for her lack …
Commissioner labels $6.6 billion approval in storm costs “whitewash” and “damage control”
“The stench of these rotten deals is so pervasive, people on the outside are beginning to pinch their noses and look toward the Jim Thorpe Building with wrinkled brows wondering what the hell is going on at the Oklahoma Corporation Commission.” It’s what Corporation Commissioner Bob Anthony declared in a 180-page opinion filed in …
Oklahoma and United Kingdom agree to more energy trade
Oklahoma Gov. Kevin Stitt traveled to the United Kingdom this week to sign a memorandum he hopes will result in increased energy trade for the state. He signed the memorandum with UK Minister for International Trade Nigel Huddleston and said it was meant to benefit both Oklahoma and the UK with each other’s innovations …
$6.6 billion in winter storm costs approved by Oklahoma regulators on a split vote
$6.6 billion. Get ready for the sticker shock coming in your future utility bills. It’s the cost that will have to be eventually borne by consumers in the fuel cost adjustments approved Thursday for 3 major utilities by Oklahoma Corporation Commissioners on a 2-1 vote. The Commission approved the requests for Oklahoma Natural …
Hern and other House Committee members reject Biden’s solar tariff suspension
Oklahoma Congressman Kevin Hern and other Republicans on the House Ways and Means Committee voted this week to reserve the Biden administration’s suspension of tariffs on solar panels from four Southeast Asian nations. The vote was 26-13 and Democrat Terri Sewell joined the GOP majority in approving the measure that sets up the resolution …
Lucas challenges EPA’s stance on farm insecticide
It was a busy week for Oklahoma Congressman Frank Lucas who advocated to make NOAA an independent agency, grilled the head of the SEC about rules changes, then put some pointed questions to the head of the EPA. EPA Administrator Michael Regan came before the House Agriculture Committee where Rep. Lucas is a member. …
Smart Sand earnings report to be released
After its revenues for 2022 grew by more than 100%, Texas-based Smart Sand, Inc. awaits financial results for the first quarter of 2023. With major operations in El Reno, Oklahoma, the company, based in Midland, Texas will release results on Tuesday, May 9 followed by a conference call on Wednesday, May 10 at 9 …
Nine Energy hopes to continue strong earnings
Following a 70% increase in revenues in 2022, Nine Energy Services, Inc. prepares to release its first quarter 2023 earnings report on May 9. The Houston-based company, with operations throughout Oklahoma’s SCOOP and STACK plays, will release the report prior to a 9 a.m. Central Time conference call. Nine Energy’s President and Chief Executive …
