Canoo could collect up to $110 million in state incentives over the next decade

  EV startup Canoo has not turned a profit yet the company has commanded headlines in Oklahoma for its potential of receiving more than $100 million in incentives and tax breaks from the state and Oklahoma City. So far, the manufacturer has not collected any state money because the funding is based on Canoo meeting …

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Quick reads

** An Idaho company that sold tens of thousands of emissions defeating devices on diesel trucks has been fined $1 million by the EPA. GDP Tuning and Gorilla Performance pleaded guilty and agreed to pay the fine. ** According to a survey of 5,000 Tesla Model 3 owners, the top reason that they are selling …

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Pry That Plastic Bag From My Cold, Dead Hands

  From light bulbs to gas stoves and electric cars. One man in Wyoming complains now they want to do away with plastic bags, but he writes they’ll have to pry them from his cold, dead hands. Click here for Cowboy State Daily

Court ruling against Grainbelt Transmission Line project applies only in Illinois

  An explanation and correction about our story last week regarding an Illinois court ruling that halted construction of the Grainbelt Express Transmission Line in Illinois. The5th Appellate Court of Illinois issued a recent ruling that said the Grain Belt Express Transmission Line cannot move forward in Illinois.  The ruling does not apply to the …

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Marathon Petroleum closes refinery following Friday fire

  Marathon Petroleum shut down its refinery in Garyville, Louisiana after a large fire erupted at a storage tank on Friday. Businesses and homes within a two-mile radius were evacuated but within a few hours, the fire was under control with no injuries reported. A statement by the St. John the Baptist Parish indicated the …

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Crude and Oklahoma energy stocks recorded gains on Friday

Friday brought a 1% gain for crude oil futures and Oklahoma energy stocks saw increases too. US diesel prices soared while the number of oil rigs dropped nationally while a fire broke out at a Louisiana refinery. US benchmark West Texas Intermediate finished up 78 cents or 1% to $79.83 a barrel on the New …

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Oklahoma Drought Commission adds members

The Oklahoma Emergency Drought Commission voted recently to reinstate Pond Clean Out Cost-Share participants whose applications were canceled due to not having their projects completed by the July 15th deadline. The Commission also tasked the Oklahoma Conservation Commission with gathering how many applicants will be reinstated, as well as questions and concerns from the local …

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Energy news headlines

** An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale. The suit is the latest dispute between the oil and gas industry and …

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Rig counts continue their fall across the nation

    More oil and gas rigs in the U.S. were put into storage as the nation saw a continued decline in drilling activity. While the U.S Count dropped 10 to 632, Oklahoma saw a slight gain in its numbers of rigs, reported Baker Hughes. The state’s rig count increased by one to 39, compared …

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Stagnation reported on energy efficiency programs of nation’s utilities

  A new study of the efforts of electricity utilities to help customers reduce energy consumption along with their monthly bills found they have “stagnated.” Oklahoma Gas and Electric ranked in the middle of the study by the American Council for an Energy-Efficient Economy. It was 25 in the study that found there was a …

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