Oklahoma Gov. Kevin Stitt was among 16 Republican governors who called this week on the Biden administration to walk back electric vehicle standards, contending Americans aren’t that interested in the EVs. “Instead of using government mandates to drive the vehicle market, allow American consumers to maintain choice in the types of vehicles they choose …
Energy quick reads
** The Postal Service also showed off its first set of electric vehicle charging stations at its South Atlanta Sorting and Delivery Center on Monday. The service plans hundreds of charging stations for what eventually will be the nation’s largest fleet of electric vehicles. ** Exxon Mobil Corp on Sunday filed a complaint in a Texas …
Treasurer says state’s investments are up from a year ago
Oklahoma Treasurer Todd Russ reported this week the state’s total investments gained nearly $2 billion from December 2022 to December of last year. The total portfolio market value was $15.8 billion, or $1.9 billion more than the previous year. Russ explained that of the total portfolio, 66% ws in U.S. Treasurys and 8% were …
SunZia wind power line in New Mexico challenged by tribes
Indian tribes and environmental groups joined forces to file suit challenging construction of the Sun Zia transmission line that will originate in New Mexico and carry wind-powered electricity to Arizona and California. They have asked a federal judge to stop construction that began last week. The 32-page lawsuit was filed Jan. 17 in Tucson, …
Copper thieves arrested for bringing down radio tower in Hugo
Sheriff’s officers have arrested a man and woman on charges of bringing down a nearly 500-foot radio tower in Hugo last week in order to steal some copper. Choctaw County Sheriff Terry Park said Matt Wilsn and Candice Logan are jailed after bringing down the KITX radio tower, causing an estimated $500,000 damage and …
Mitchell talks energy with Jerry Bohnen
Back for 2024—-Scott Mitchell talks energy with Jerry Bohnen of OK Energy Today. Yes, we offer our insight into the politics of rate hikes and what utilities might want from state legislators as they prepare to start their 2024 Legislative session.
Crude oil recorded gains on Monday
Monday’s trading resulted in a 3% gain for U.S. crude futures and 2% overseas,largelly because of anticipated tightening of oil supplies because of the fighting in the Middle East and Ukraine along with extreme cold weather in North America. Benchmark U.S. crude oil for February delivery rose $1.78 to $75.19 per barrel Monday. Brent crude …
Peter Zeihan on Texas electric grid beating the cold weather odds
World observer Peter Zeihan recently paid attention to the frigid weather that gripped the Midwest. For a while, many speculated that the electric grid in Texas (ERCOT) might not withstand last week’s cold spell. But it did and also caught the eye of Zeihan. “Governor Abbot introduced a series of winterizing efforts following …
Choctaw Nation wins FAA approval for longer drone flights
Longer drone flights by the Choctaw Nation of Olahoma have been approved by the Federation Aviation Administration. What it means for the large Oklahoma based tribe is “Beyond Visual Line of Sight” drone operations in the area of base operations. Marcus Hartman, the Aviation Operations Senior Manager for the tribe said the approval is …
NGL Energy expands water system in SE New Mexico’s Permian Basin
Tulsa’s NGL Energy Partner LP announced that it’s expanding a water pipeline system in far southeastern New Mexico and in the Permian Basin. The company said its NGL Water Solutions is commencing expansion of its Lea County Express Pipeline System from a capacity of 140,000 barrels of water per day to 340,000 barrels per …