OK energy stocks and crude oil prices reversed losses in Monday’s trading

  Monday saw Oklahoma energy stocks and crude oil prices make gains for the day as losses recorded last week were reversed, thanks to optimistic investors. They believe holiday travel in China will give a kick-start to fuel demand in the globe’s biggest oil importer. West Texas Intermediate crude rose 89 cents or 1.1% to …

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Lankford presses for more transparency in government spending

  Whether it’s the latest funding announced by the Energy Department or the EPA, Oklahoma U.S. Sen. James Lankford thinks the public has a right to know where and how the money is being spent. After all, the money came from tax payers, right? The GOP Senator recently made his point during a Homeland Security …

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OGE restores power to 93% of those who lost power in recent tornadoes

  Oklahoma Gas and Electric reported Monday that an estimated 93% of the 23,000 customers who lost electrical power following last Wednesday’s tornadoes had their power restored. In a storm update, the utility explained that it had more than 2,800 OG&E personnel working overnight and early this week in the Shawnee area to repair more …

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Summary of fast energy reads

** Two men were sentenced for conspiring to attack U.S. electric substations in a plot motivated by white supremacy and intended to sow civil unrest and economic distress, the U.S. Justice Department said. Christopher Cook, 21, of Columbus, Ohio, was sentenced to 92 months in prison, and Jonathan Frost, 25, of Katy, Texas, and West Lafayette, …

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Texas residents oppose LNG terminals approved by Biden administration

  The recent decision by the Biden administration to approve two new liquefied natural gas terminals along the Texas coast isn’t exactly being welcomed with open arms by the people in the Rio Grande Valley. They’re fighting the plants and so are environmentalists. As The Hill reported, the Texas residents filed as though they were …

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New Mexico fire victims struggled with FEMA bureaucracy

  A year after a fire, set by the federal government, roared out of control and destroyed hundreds of homes in northern New Mexico, many of those victims struggle to find housing. Bureaucracy in FEMA is blamed. Survivors say FEMA has not lived up to the promises it made after the wildfire turned into the …

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Attorney General fights Summit Utilities shutoff plans in Arkansas

  The Attorney General in Arkansas has asked public utility regulators to stop Summit Utilities from its plan in July to resume late fees and service shutdowns for its Arkansas customers. Summit has an estimated 525,000 customers in Oklahoma, Arkansas and the Texarkana region of Texas. AG Tim Griffin filed a petition with the Arkansas …

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Auto maker doubts there is a strong future for Electric Vehicles

  The Biden administration won’t like this but its big EV push is being heavily criticized by none other than the CEO of car-maker Stellantis. CEO Carlos Tavares recently spoke at the Freedom of Mobility Forum where he cast heavy doubts about the future of the EV industry according to The Auto Wire. Click here …

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VW and Canada formalize battery plant deal Oklahoma wanted

  Oklahoma Gov. Kevin Stitt and his state Commerce Department leaders no doubt have moved on after losing a multi-billion dollar battery plant last month they hoped to secure from Volkswagen. Over the weekend, VW and Canada, the car maker’s choice for the site of the nearly $15 billion gigafactory, sealed the deal. Europe’s largest …

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Tulsa CEO calls on state to offer incentives for companies to plug abandoned wells in Oklahoma

  The head of a Tulsa based energy solutions company suggests Oklahoma can take great strides in solving its thousands of abandoned and unplugged oil and gas wells by taking advantage of the emerging voluntary carbon market. Writing in the Sunday Oklahoman’s Viewpoints section, Staci Taruscio, CEO of Rebellion Energy Solutions, called on the state …

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