Almost 12 years after a swarm of earthquakes near Prague, including a 5.7 magnitude quake, sparked a class action lawsuit blaming some energy companies, a $5.9 million settlement has been reached with another of the firms. New Dominion LLC agreed to the settlement which was approved in Lincoln County District court. The Tulsa oil …
Gasoline prices across the U.S. are approaching the prices of a year ago, but in Oklahoma, they already exceed the price at the pump from last year. The state’s average means Oklahoma is no longer among the handful of southern states with the lowest prices in the country. Oklahoma’s average, according to AAA, is …
A report indicates a new Oklahoma power plant might be in the future, all because of the efforts of California scientists who recently announced they repeated successful attempts at nuclear fusion. It could mean a commercial fusion power plant in Oklahoma. Click here for Norman Transcript
“A complicated issue,” is how Oklahoma Corporation Commission Chairman Todd Hiett described Tuesday’s handling of the $155 million rate hike request made by Public Service Company. Thomas Schroedter, Executive Director and General Counsel to the Oklahoma Industrial Energy Consumers had another description. “This is somewhat of a mess,” he told commissioners as they pondered …
Transportation leaders in Kansas say one way or another, they plan to prepare for an expanded EV population in the state. Right now, the state doesn’t have enough electric vehicle charging stations to meet the emerging demand. “One way or another, this is coming, so we need to be prepared,” said Tami Alexander, the …
** In remarks on Tuesday, President Biden said he and first lady Jill Biden would visit devastated Maui “as soon as we can,” before he pivoted to prepared remarks about the Inflation Reduction Act on a preplanned trip to Wisconsin to tout his economic accomplishments. ** A Hawaiian couple sued the state’s electric utility this …
Crude oil prices and Oklahoma energy stocks dropped in Tuesday’s trading. Oil fell on word of new data reflecting the sluggish Chinese economy. West Texas Intermediate crude,the U.S. benchmark, fell $1.52 or 1.8% to finish at $80.99 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark, dropped $1.32 or 1.5% to …
When Oklahoma Corporation Commissioners voted Tuesday to dismiss a 2021 application by Arkansas Oklahoma Gas Corporation to finance its historic fuel cost debt from the winter storm using securitization and ratepaer-backed bonds, it prompted Commissioner Bob Anthony, in an opinion filing, to state AOG did the right thing in trying to reduce debt before …
It was as though Summer just teased us with an early taste of fall. Because the hot 100s are coming back….and soon. Brace yourself! As State Climatologist Gary McManus wrote this week, it also means rain chances are probably out of the window for now. “But as promised, summer roars back later this week …
Oklahoma Congressman Tom Cole doesn’t think much of Bidenomics—the political term created by President Biden and Vice President Harris as they hit the campaign trail to pitch what they label as “success” of their economic plan. Rep. Cole, a Republican, blames Bidenomics for this month’s decision by Fitch Ratings to downgrade the U.S. government’s …