A report issued by the U.S. Energy Information Administration shows average construction costs for solar, wind and natural gas-fired electricity generators fell in the past few years. The drop was reported in 2021 compared to 2020 according to the EIA’s recently released data. Average construction costs fell by 18% from 2020 for natural gas-fired generators, by …
Third quarter earnings will be reported in early November by OGE Energy Corp. The firm announced it will hold its quarterly conference call to discuss the results at 8 a.m. Central Time on Thursday, Nov 2, 2023. This call is being webcast by Notified and can be accessed at OGE Energy’s website at www.oge.com. OGE Energy Corp. is …
Rep. Justin Humphrey, R-Lane, has filed a bill for the upcoming special session that would remove the 1.25% sales tax on motor vehicle purchases. The move would leave in place the 3.25% excise tax paid on such purchases. “We’ve effectively been double taxing Oklahomans who buy a motor vehicle,” Humphrey said. “With the governor’s special …
A nationwide alert test will be conducted Wednesday afternoon for every TV, radio and celllphone in the country. The jarring electronic warning tone of an emergency alert will sound on the electronic devices at 1:20 p.m. central time as the Nationwide Emergency Alert Test is conducted. The national test consists of two parts, which …
** The National Highway Traffic Safety Administration (NHTSA) is investigating more than 708,000 trucks and SUVs built by Ford and Lincoln due to reports of “catastrophic engine failures.” The agency expands investigation of vehicles all powered by a turbocharged 2.7- or 3.0-liter EcoBoost V6. ** The United Auto Workers union has reached a tentative contract agreement with Mack Trucks that covers about 4,000 workers …
We’ve had the price of oil in the U.S. shoot up to nearly $94 a barrel while Brent crude, the global benchmark teased the $100 level. So what’s the discussion by Scott Mitchell and Jerry Bohnen regarding the price of oil? What is at least one oil industry leader predicting? As usual, the two …
Correction to our story this week about the Oklahoma legislature beginning an interim hearing study of the Right of First Refusal by utilities. The study will be carried out by both the State House and State Senate with the Senate hearing starting at 9:30 a.m. and the House at 1:30 p.m. The legislature will …
The first day of trading on Monday brought a nearly 2% fall in crude oil prices but an even greater impact on Oklahoma energy stocks as some dropped 7% and 8%. A stronger U.S. dollar brought about the slip in crude oil prices as traders scooped up profits, showing obvious concern about rising crude supplies …
Members of the Cooperative Broadband Coalition recently received an update on the progress of expansion of rural broadband service in Oklahoma. The Coalition held its inaugural Connection Oklahoma–Rural Broadband Summit and featured more than 200 guests from 21 states. The Cooperative Broadband Coalition brought together various stakeholders to discuss opportunities to better serve broadband …
Oklahoma City residents in the city’s northwest side aren’t the only ones dealing with an oil spill. About 23-hundred barrels of oil spilled when a pipeline was hit in a construction site accident. While it’s being monitored and cleaned, a similar oil pipeline spill happened weeks ago in Kansas at the Quivira National Wildlife …