Renewed investments in its Colorado factories by Danish wind energy manufacturer Vestas could mean a thousand new jobs in the state. The company announced it intends to invest $40 million in its factories in Windsor and Brighton in 2024, manufacturing a new line of wind turbines and creating the need for up to 1,000 …
Hamm and other energy leaders give their money to others—not Trump
At one time Oklahoma City billionaire oilman Harold Hamm was such an ardent supporter of Donald Trump and his time as President, that he was known as “Trump’s energy whisperer.” Not any more. As Politico reported this week, Hamm’s money has gone to the Republican presidential campaigns of to Ron DeSantis and Nikki Haley. …
Congressman Lucas says foreign ownership of US farmland is wrong
Oklahoma Congressman Frank Lucas, who is a western Oklahoma farmer and proud of it, says foreign ownership of farmland is a detriment to national security. In his latest “Frankly Speaking” column, the Republican Third district Representative said for far too long, the nation has seen Chinese coming over and buying agricultural land and he’s …
Chesapeake Energy to reveal 2Q earnings in early August
After a first quarter in which the company had $1.3 billion in net income, Chesapeake Energy Corporation prepares to release its second quarter financial results after the close of markets on Tuesday, August 1. The company executives will hold a conference call to discuss the results on Wednesday, August 2 at 8 a.m. Central …
Iowa Senator blasts Kerry and his climate trip to China
China is the enemy—not fossil fuels. It’s the charge made by Iowa U.S. Sen. Joni Ernst as she criticized climate czar John Kerry’s trip to China to revive climate “cooperation.” “Once again, Joe Biden’s climate czar jets off across the world burning the same fossil fuels he rages against, wasting taxpayer dollars, and undermining U.S. strength …
June heat wave in Texas caused release of pipeline emissions
Reports indicate the June heat wave that hit West Texas also resulted in exteme releases of hundreds of tons of greenhouse gases into the atmosphere. As the Texas Tribune reported, the high temperatures caused compressor stations along gas pipelines to dial back or shut down which resulted in dangerous pressure buildup in the pipes …
Energy briefs
** Democratic West Virginia Sen. Joe Manchin filed a brief with the Supreme Court Tuesday asking the high court to reinstate the Mountain Valley Pipeline (MVP), a 303-mile natural gas pipeline under construction. ** Swedish manufacturer Husqvarna on Monday announced that its 874,000-SF Nashville production facility will be shutting down, affecting about 700 jobs. The plant will …
2Q earnings report to be released by Gulfport Energy
After delivering increased production of natural gas in the first quarter along with $523.1 million of net income and $229.7 million of adjusted EBITDA, Oklahoma City’s Gulfport Energy Corporation plans a release next month of its second quarter earnings report. Investors will learn the results when they are released after the market closes on …
ONE Gas boasts of its ESG accomplishments
ONE Gas released its 2023 Environmental, Social and Governance (ESG) report showing a 48% reduction in CO2 emissions over the last several years. “As one of the country’s largest natural gas distribution companies, we take pride in delivering the affordable and reliable energy our 2.3 million customers depend on each day,” said Robert S. McAnnally, president …
Utility and consumer group welcome AG’s announcement
Oklahoma Attorney General Gentner Drummond drew support from at least one utility and also a consumer advocacy group when he announced a decision to target natural gas marketers over their reaping billions of dollars during the 2021 winter storm. During his announcement, he said utilities in the state were not to blame for …