““This rule will only further increase costs for American families, businesses, and rural communities while fueling more inflation.” Three Oklahomans in the U.S. House were among more than 150 Republican lawmakers who urged the Biden administration’s EPA to rescind its controversial rule aimed at increasing electric trucks on the roads. Reps. Stephanie Bice, Kevin …
ONEOK’s 2Q report coming in early August
The second quarter 2024 earnings report from ONEOK, Inc. will be released in early August. The company explained the release will be after the market closes on August 5 and ONEOK’s executive management will take part in a conference call the following day. The conference call will be held at 10 a.m. central …
Energy briefs
** Exxon Mobil said on Monday lower natural gas prices and refining margins are expected to hit the oil major’s second-quarter earnings. The oil major would be reporting its first earnings after closing the acquisition of Pioneer Natural Resources for $60 billion, with the combined operations making it the largest oil producer in the Permian basin. ** …
AARP makes financial investments in 7 cities and towns
Seven organizations throughout Oklahoma will receive 2024 Community Challenge grants – part of AARP’s largest investment in communities to date with $3.8 million awarded among 343 organizations nationwide. Grantees will implement quick-action projects that help communities become more livable by improving public places, transportation, housing, digital connections, and more, with an emphasis on the …
Scott Mitchell Talks Energy with Jerry Bohnen as they discuss Devon $5 billion new acquisition
Devon Energy’s $5 billion purchase of more holdings in the Williston Basin, Senate Democrats probe Chesapeake Energy and Continental Resources and how OG&E defended its $10 a month hike to residential customers. They were discussed at length on the latest Scott Mitchell Talks Energy podcast with Jerry Bohnen. Click below to view.
Dispute leads to ZOOM unavailability for Corporation Commission meetings
A dispute involving a vendor who provides ZOOM service for meetings of the Oklahoma Corporation Commission has resulted in the public no longer being able to access and view live meetings of the commission. An announcement Monday afternoon described it this way: “Due to a vendor contract dispute beyond the control of the Oklahoma …
Beryl sent crude prices falling on Monday
Crude oil prices hit a one-week low in Monday’s trading, falling about 1% for the day. The slide came as Hurricane Beryl hit Houston and forced the shutdown of U.S. refineries and ports along the Gulf of Mexico. At the same time, prices fell as some clung to the prospects of a ceasefire …
Explosion at Grady County pulling unit injures 3 workers
(photo from News 9 live coverage) A pulling unit or workover rig at an oil well site in Grady County exploded and caught fire Monday afternoon and sent three workers to the hospital. Not many details are known but the well site is near the town of Bradley and on County Street 2990 near …
Accounting specialist says Corporation Commission audits of utility storm spending don’t comply with state law
A longtime honored and recognized accountant lent support Monday to Oklahoma Corporation Commissioner Bob Anthony’s criticism of the 2021 winter storm audit of spending by utilities that later used securitization bonds to extend their expenses to ratepayers for up to more than 25 years. David Greenwell, a former chairman of the Oklahoma Accountancy Board, …
Hurricane Beryl to bring more drought relief to Oklahoma
After knocking out power to nearly two million residents near Houston, Texas, Hurricane Beryl is expected to brush far southeast Oklahoma. While it won’t be packing 75-80 mph winds at that point, the rainfall will be welcomed. As Oklahoma Climatologist Gary McManus wrote Monday, “it should still provide ample rainfall to just about the last …
 
            	
                                	       
                





