While Oklahoma Gas and Electric was the first utility in the state to use a new law allowing construction costs to be passed along to ratepayers during the building of natural gas projects, it is involved in the first use of another new energy law. Its economic impact on ratepayers is also tied …
https://www.facebook.com/reel/1436787667426741 What’s brewing in energy news at the capitol? How about a nuclear energy study in Oklahoma and still more talk about C-WIP or Construction Work in Progress? They’re hot topics in our latest podcast of Scott Mitchell talks energy with Jerry Bohnen.
Another day and another drop in crude oil prices. This time, it was a 1% drop and the fall came after news that President Trump said he will meet soon with Russia’s Vladimir Putin in Hungary to talk about ending the war in Ukraine. Any talk of an end to the war creates uncertainty …
When it comes to the energy-efficiency of states in the U.S., Oklahoma ranks 34th in a WalletHub study while South Carolina, West Virginia, Alabama, Mississippi, Arkansas and Tennessee are considered the least energy-efficient. Who’s considered to be the most energy efficient? Vermont, California, Washington, New York and Massachusetts, in that order. WalletHub contended …
Williams Cos. awaits a decision from New Jersey regulators on its request for approval of its Northeast Supply Enhancement (NESE) pipeline project . The Oklahoma-based company complied with a recent September 25 deadline at the New Jersey Department of Environmental Protection. Before Williams can move ahead with the pipeline project, it will need …
An international rodeo is underway this week in Overland Park, Kansas…..a Lineman’s Rodeo. It’s competition among the men and women who climb utility poles in the middle of stormy weather to make repairs and restore electrical power. Oklahoma crews will be among those taking part in the competition as they go up against …
New Mexico U.S. Sen. Martin Heinrich accused Energy Secretary Chris Wright of stealing federal funding for “fully legally compliant energy projects.” He’s also getting his state attorney general involved in fighting Wright’s move of cancelling nearly $8 billion in green energy grants. Heinrich might have some sway in the fight since he is the top …
U.S. Secretary of Energy Chris Wright announced the Department of Energy’s (DOE) Loan Programs Office (LPO) closed a $1.6 billion loan guarantee to strengthen grid reliability and ensure lower electricity costs across the midwestern region of the United States. It is a program that will involve the rebuilding of transmission lines across Oklahoma …
Despite stagnant revenue over the past year, J.B. Hunt Transport Services Inc. based in Arkansas reported a more than 12% gain in third quarter income totaling $170.85 million. A year ago, the trucking company’s third quarter revenue was $152.07 million. The increase amounted to a 12.3% gain and an earnings per share of $1.76. …
A dividend of $1.03 per share was announced this week by ONEOK, the utility company headquartered in Tulsa. The firm’s board of directors approved the quarterly dividend which, on an annual basis, figures to be $4.12 a share. It is also unchanged from the second quarter dividend. As the firm announced, the dividend …
