A new study found Oklahoma is the No. 12 best state for small business taxes. Simplify LLC released a study on the Best States for Small Business Taxes using 2023 data from the U.S. Department of Labor, Tax Foundation, and Federation of Tax Administrators. Five tax categories affecting small businesses were analyzed. Here is how Oklahoma ranked in each: corporate tax …
Williams looks for more investors
The upcoming 2023 Barclays CEO Energy-Power Conference in New York City will be a chance for Williams companies to go looking for more investors and at the same time, keep those it already has. Williams President and Chief Executive Officer Alan Armstrong and Chief Financial Officer John Porter will take part in meetings with …
Court ruling over oil train in Colorado angers Utah Senator
Speculation mounts whether developers of the Uinta Basin Railway halted in Colorado by a U.S. Court of Appeals will appeal the federal court ruling that derailed the project? At the same time, the ruling angered Utah U.S. Sen. Mike Lee who said in a social media post the court ruling “represents a missed opportunity for …
NextEra wins Southwest Power Pool contract in New Mexico
A major transmission project planned in New Mexico by the Southwest Power Pool has been awarded NextEra Energy. NextEra Energy Transmission Southwest, LLC will build the Crossroads Hobbs-Roadrunner 345-kilovolt Competitive Upgrade project. The company will finance, construct, own, operate and maintain the project that is expected to be in service no later than May …
Osage leader to join showing of conservation documentary in OKC
Osage Nation Principal Chief Geoffrey Standing Bear will be on hand for the September 7 Oklahoma City screening of “To Which We Belong,” the documentary that highlights farmers and ranchers leaving behind conventional practices that are no longer profitable or sustainable. Sponsored by the Oklahoma Conservation Commission and the Oklahoma Association of Conservation Districts, the …
Energy briefs
** The Environmental Protection Agency (EPA) announced a rule Tuesday that could strip protections from the majority of U.S. wetlands, saying the Supreme Court forced its hand. EPA Administrator Michael Regan called the amended Waters of the United States (WOTUS) rule necessary to comply with the court’s May Sackett vs. Environmental Protection Agency decision. ** …
Wind taken out of the sail for wind projects in the Gulf
The Biden administration’s hopes for development of wind power projects in the Gulf of Mexico fell flat on Tuesday when it opened two areas to build wind farms and received one bid. Two areas of the Gulf were opened as environmentalists and wind enthusiasts excitedly thought it was a chance to build wind farms. …
A weakened dollar sends crude oil prices up on Tuesday
A Tuesday rally by crude oil sent prices up more than a dollar a barrel andd most Oklahoma energy stocks had the same kind of day. What caused the oil price increase? The value of the dollar weakened and investors worried openly about what Hurricane Idalia might do to energy supply once it hits Florida. …
ONG used securitization and a lawsuit to recover 2021 winter storm costs
When Fox 25 News in Oklahoma City reported this week about how the Arkansas Oklahoma Gas Company decided to withdraw its request for securitization to cover 2021 Winter storm gas costs, the news outlet also reported for the first time how one major Oklahoma utility filed suit against a natural gas provider following the …
OU’s Mewbourne College will hold another ESG leadership class in October
Want to be a leader in the world of ESG and energy? OU’s Mewbourne College is planning a fourth round of classes as part of its Environmental, Social and Governance Energy Leadership certificate program. The two-week, 46-hour certificate program will run from Oct. 16 to 27 and include a week of online instruction, two …