Monday , May 6 2024

Kansas is on a roll—adds another big manufacturing plant

  First there was the loss of a Tesla plant in Oklahoma, then Panasonic picked Kansas over Oklahoma. It’s clear Kansas is on a roll as the state just picked up another major investment–a nearly $2 billion semiconductor manufacturing plant that will create 1,200 jobs Kansas Gov. Laura Kelly announced this …

Read More »

Legislators to consider utility bills

  Four more energy-related bills, including two focused on reforming the Oklahoma Corporation Commission, will be considered this week by the Oklahoma House Utilities Committee. Members will meet Thursday morning at 10:30. The two Corporation Commission reform bills contain no specifics. HB1977, the Corporation Commission Reform Act, was filed by Cherokee …

Read More »

LSB Industries gets serious about carbon capture efforts

  Oklahoma City’s LSB Industries, Inc. took another step forward in its carbon dioxide capture efforts. The chemical manufacturer announced that with Lapis Energy LP, it is filing a permit application with the EPA to construct a Class VI well as part of their joint project to capture and permanently …

Read More »

Brent crude managed strong 1% gain in Monday’s trading

  The Presidents’ Day holiday put a dent in oil prices on Monday but they still managed a 1% gain for the day, due to increased optimism over Chinese demand and continued production curbs by major producers. Global benchmark Brent crude rose $1.07 or 1.3% to settle at $84.07 a …

Read More »

Record earnings reported by Williams Cos.

  Increased income for the quarter and all of 2022 was reported this week by Williams Cos. Adjusted net income was $2.228 billion or $1.82 per diluted share, an increase of 34% compared to 2021 announced the Tulsa company. Adjusted EBITDA was $6.418 billion, a gain of $783 million or …

Read More »

Whew! Oklahoma motorists got a gasoline price break

    Rising gasoline prices took a break in the past week in Oklahoma and were flat, going up only one cent to a new average of $3.08 per gallon according to AAA. Nationally, prices were unchanged with an average of $3.41 per gallon and only two cents more than …

Read More »

Oklahoma regulators to focus on rule making changes

  Oklahoma Corporation Commissioners plan two meetings on Tuesday, one a special meeting and the other a regular meeting. The 9:30 a.m. meeting will focus on rule making proposed by the staff. The afternoon meeting at 1:30 will also deal with some proposed rule changes. They will apply to the …

Read More »

Increased wildfire chances in Oklahoma

  The Oklahoma Department of Agriculture and its Forestry Services Division anticipate increased chances of wildfires on Tuesday. “Fire danger will ratchet up across much of western Oklahoma with the highest fire danger indices developing late in the afternoon in northwestern Oklahoma ahead of a stronger cold front,” stated the …

Read More »

Legislative bills target wind blade recycling and energy discriminating investors

  A handful of legislative bills regarding Oklahoma’s environment and energy will be considered Wednesday by members of the House Energy and Natural Resources Committee. Among them, measures targeting wind turbine blade recycling, investors of state retirement system accounts and price-gouging exemptions. One such measure, HB1982 by Rep. Brad Boles …

Read More »

Regulator calls for evaluator to be used in utility fuel cost cases

  Oklahoma Corporation Commissioner Bob Anthony says it’s time the agency use a third-party evaluator to study the growing fuel costs of Oklahoma Natural Gas and other utilities seeking approval of increased charges to consumers. In a filing last week in the case of ONG’s Prudence Hearing on fuel adjustment …

Read More »