An Oklahoma farmer and rancher isn’t giving up his long fight against a state law that happens to prevent him from using his land as part of a wind farm. The Oklahoman reported this week on the fight by Mike Day of Cement who took his battle with the state to court. Click here …
AARP comes out swinging against OGE’s latest rate hike
AARP Oklahoma leaders are fighting the latest rate hike bid by Oklahoma Gas Electric, the third such increase in 2022. In a release on Monday, the organization’s leaders cited the notice that OG&E customers received Oct. 7 when they were informed of an increase to the fuel charge on bills of 7.4% or approximately …
Headlines of other energy stories
**President Joe Biden has “no plans” to meet with Saudi Crown Prince Mohammed bin Salman next month after the kingdom moved to cut international oil production in line with Russia, a senior White House official said Sunday. ** Investors are worried that the US could flood the market with more oil from the Strategic Petroleum Reserves, according to Energy …
LSB to be part of conference seeking investors
Oklahoma City-based LSB Industries plans to be on hand next month at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference in Boston as it seeks possible new investors. The conference at the Four Seasons Hotel in Boston will be held on Wednesday, November 9. LSB’s Executive Vice President and CFO Cheryl Maguire will …
New North Texas lake is dedicated
North Texas officially has another lake. The North Texas Municipal Water District (NTMWD) officially dedicated Bois d’Arc Lake in Fannin County, TX, celebrating the completion of the state’s newest major reservoir. Around 300 officials attended the ceremony near the lake’s dam and spillway. The surging growth of North Texas underscores the need for additional water …
Icahn not optimistic about U.S. economy
Billionaire Carl Icahn, owner of CVR Energy, a firm with a refinery in southern Oklahoma is high on the energy company. Speaking recently at MarketWatch’s Best New Ideas in Money Festival, he was so enthused about the firm in which he acquired 80% interest 10 years ago, he admitted it was his pick for …
Weekend storms left thousands without power in Oklahoma
Severe weather, including lightning, strong wind gusts and heavy rain Saturday night caused power outages across the service area, with the majority of the impact in Durant and the Oklahoma City metro. Oklahoma Gas and Electric mobilized approximately 200 personnel to the areas to restore power as safely and as quickly as possible. As of …
OKC asks for more water from Northwest Oklahoma’s Canton Reservoir
Officials with the Oklahoma City Water Utilities Trust are working with the U.S. Army Corps of Engineers to draw water from Lake Canton in northwest Oklahoma. The water is needed to help increase water levels at Lake Hefner, which serves as a primary water source for the City of Oklahoma City. All total, the …
Crude hit with 3% loss while OK energy stocks suffered too
The question for crude oil investors is—will prices recover Monday after the 3% drop on Friday? Oklahoma energy stocks had the same setback. Investors backed off crude oil because of their continuing global recession fears along with a weak oil demand, especially in China. West Texas Intermediate crude, the benchmark U.S. crude oil for …
NextEra’s next wind farm to be in central Kansas
NextEra Energy, one of the top wind farm operators in Oklahoma, has plans to build another wind farm in central Kansas. It wants to construct the wind farm west of Newton, a city along I-35 in Harvey County. County Commissioners recently approved regulations for the wind farm, even though some residents voiced concerns about …
