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FAA Reauthorization bill passes House—some Oklahoma Representatives celebrate
Click here or on the image above to watch Congressman Lucas’s speech. If and when President Biden signs the FAA Reauthorization Act of 2024 (H.R. 3935) into law, it will mean Oklahoma City’s FAA Mike Monroney Center will be busier than ever with the training of new air traffic controllers. The House approved the measure …
Thursday produced another gain in crude oil prices
Crude oil prices rose a second straight day in Thursday’s trading. West Texas Intermediate crude for June delivery gained 60 cents to settle at $79.23 a barrel on the New York Mercantile Exchange. Brent crude, the global benchmark settled up 52 cents at $83.27 a barrel on ICE Futures Europe. June natural gas rose …
State updates VW settlement plan
Oklahoma’s Department of Environmental Quality is offering the public to view an update in the way it is spending millons of dollars in settlement money from Volkswagen. The DEQ announced the new update for public review and comment of its Volkswagen Settlement Beneficiary Mitigation Plan (BMP). The BMP is a high-level plan describing how Oklahoma …
Electricity rates keep rising and FERC’s actions didn’t help claims national energy spokesman
Inflation might have eased in recent months but one national group wants you to know—it did nothing to slow the rise of electricity rates. And one national energy leader says don’t expect a slowdown, thanks to action this week by the Federal Energy Regulatory Commission. Paul Cicio, Chair of the Electricity Transmission Competition Coalition, …
Conservative think tank critical of attorney behind energy discrimination lawsuit
Conservative think tank Oklahoma Council of Public Affairs pointed out recently the constitutional challenge to a state law banning financial firms from discriminating against the oil and gas industry is also a leading official with the Oklahoma Bar Association. The OCPA explained that former state Rep. Collin Walke, an Oklahoma City Democrat, is the …
EV sales drop in Colorado
Colorado, a state that likes to pride itself on being green and fully supportive of the Biden administration’s green energy push, might need a talk with the people who buy electric vehicles. Dig deeper. In the first quarter of the year, EV sales lost power, despite lucrative rebates. The Colorado Auto Dealers Association reports …
Energy briefs
** Crews continued to evaluate on Tuesday a controlled explosion aiming to dislodge the cargo ship Dali from the collapsed Francis Scott Key Bridge in Baltimore. The Dali has been stuck in Baltimore for 50 days after losing power and ramming into a column of the Francis Scott Key Bridge, causing the structure to collapse. ** Utility …
Texas faces another possible grid emergency
ERCOT, the power grid operator in Texas warned customers they could face a potential electricity emergency this weekend. According to the alert issued by the Electric Reliability Council of Texas, the grid might reach emergency conditions by Friday night and continuing through Saturday evening. Supplies of electricity are expected to be tightest Friday evening. …
Crude oil rebounded on Wednesday with nearly a 1% gain
Crude oil prices rebounded on Wednesday by nearly 1% and Oklahoma energy stocks recorded gains for the day. Crude oil’s gain was from a two-month low and came about because of crude storage data and an International Energy Agency forecast for weaker global oil demand growth. West Texas Intermediate crude went up 61 cents …
Air quality alert issued in Oklahoma
The State Health Department issued an air quality alert on Wednesday, indicating there were “unhealthy” air conditions for sensitive groups. The advisory applied to 5 counties in south central Oklahoma and along I-35. It was the second such alert issued this week by the Department of Environmental Quality. The DEQ urged people with respiratory …