Oklahoma U.S. Sen. Jim Inhofe recently released the list of priority Oklahoma projects he plans to support in Congress and they total millions of dollars for improved waterways and levees. His list includes nearly $80 million in studies and improvements including expediting design work on the first phase of the Tulsa and West Tulsa …
OGE to release 2Q earnings report in early August
OGE Energy Corp. says it will release its second quarter 2021 earnings report early next month. The company announced it will hold a quarterly conference call to discuss second quarter 2021 results at 9 a.m. Eastern Time (8 a.m. Central Time), Thursday, August 5, 2021. OGE Energy had first quarter earnings of 26 cents a diluted share compared …
Cooling tower collapse results in power issues in New Mexico
The recent collapse of a cooling tower at a northwest New Mexico coal-fired power plant resulted in a drop in production of electrical power. The New Mexico Political Report indicated unit one of the San Juan Generating Station was taken off line as a result. Click here for story.
Lawsuit challenges Corporation Commissioner’s holding of public office
Former State Rep. Mike Reynolds recently filed a lawsuit with the Oklahoma Supreme Court seeking the removal of Corporation Commissioner Todd Hiett over an alleged conflict of interest, an issue once raised a year ago by Hiett’s political opponent. The Tulsa World first reported the suit was filed June 30 which said the conflict …
Death of former oil and gas association leader reported
Former longtime executive with the Mid-Continent Oil and Gas Association, Bill Pitts died recently. He was92. Pitts retired as the President of the Oklahoma division of the Association and was its chief lobbyist at the Oklahoma legislature for 31 years. He also was President and CEO of the Oklahoma Business News Company from 1984 …
Energy news in brief
** Texas Gov. Greg Abbott wants his state Public Utilities Commission to hit renewables with costs if they don’t meet expected power production needs. ** The Environmental Protection Agency couldn’t issue fines on or raid vehicle modification shops under bipartisan legislation moving through the House. ** Shell is reportedly planning to quit its California-based joint venture …
Kansas and Missouri now have laws to help utilities shutter coal power plants
Missouri is the latest state to adopt a law helping utilities to close more power plants. A bill was signed Tuesday by Gov. Mike Parson which will hasten the transition to renewable energy. The Kansas City Star reported Parson signed into law a policy which will allow utility companies to refinance debt theu issued …
ONE Gas second quarter 2021 conference call and webcast scheduled
ONE Gas, Inc. will release its second quarter 2021 earnings after the market closes on Monday, August 2, 2021. The ONE Gas executive management team will participate in a conference call the following day, Tuesday, August 3, 2021, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time). In the first quarter, …
Oklahoma gasoline prices follow the upward trend
Don’t expect gas prices to drop anytime soon. They’ve risen 40% nationwide since the beginning of the year reaching this week’s average of $3.13 a gallon. In Oklahoma, the average is up to $2.83 which is two cents higher than a week ago. A month ago, the Oklahoma average was $2.74 and a year …
Oil prices drop—farewell to $75 oil in the US
So much for $75 a barrel crude oil in the U.S. Oil prices took a hit after OPEC producers called off a meeting when major players could not come to an agreement whether to increase supply. After reaching a six-year high, crude oil for August delivery dropped $1.79 or 2.4% in Tuesday’s trading to …
