Author's posts
Illegal barriers greet anglers in some New Mexico rivers
Some landowners in New Mexico are turning up their noses at a State Supreme Court ruling that said those who fish the shallow waterways flowing through private property cannot be stopped…as long as they are walking in the water. But it seems some landowners have erected illegal barriers across the waters and in some …
Wednesday meeting scheduled for Oklahoma Corporation Commissioners
Oklahoma Corporation Commissioners are to meet Wednesday to get an update on the agency’s financial status. The agenda for the 1:30 p.m. meeting includes a discussion on a summary of agency financial activity including a review of the June 2023 financials. A possible discussion might be held on FY 2023 and/or FY 2024 by …
Earnings grew in second quarter for OGE Energy Corp.
OGE Energy Corp., the parent company of Oklahoma Gas and Electric Company reported earnings $88.4 million and $0.44 per diluted share during the three months that ended June 30, 2023, compared to $73.1 million and $0.36 per diluted share in the same period of 2022. Earnings for the second quarter of 2022 included a …
Vital Energy doubled net income in 2Q
Tulsa’s Vital Energy, Inc.more than doubled its first quarter net income in the second quarter with $294.8 million and $16.30 per diluted share.The first quarter net income was $113.9 million. Vital’s second quarter adjusted net income was $78.6 million and $4.35 per adjusted diluted share, and cash flows from operating activities totaled $248.9 million. In …
Lawsuits over 2021 deadly Colorado fire are piling up against Xcel Energy
Xcel Energy finds itself with a growing list of lawsuits blaming the power company for the Marshall Fire that destroyed hundreds of homes near Denver, Colorado. Eight civil suits have been filed against the company, blaming it for the fire that started December 30, 2021 and left two people dead and hundreds homeless. The …
EPA petitioned to require accurate measurement of smog-causing pollution from flares at four Colorado oil, gas well pads
Conservation and public-health groups have filed a petition urging the Environmental Protection Agency to require adequate testing of the toxic air pollution emitted by four oil and gas well pads owned and operated by the Bonanza Creek Energy Operating Company. New permits for the facilities fail to require adequate testing of flares used to burn off toxic …
Energy quick reads
** U.S. power plant owners warned the Biden administration on Tuesday that its sweeping plan to slash carbon emissions from the electricity sector is unworkable, relying too heavily on costly technologies that are not yet proven at scale. ** Proterra, the electric bus company repeatedly celebrated by President Biden, filed for bankruptcy Monday, blaming various market …
ConocoPhillips to put up notes to finance $3 billion purchase of oil sands plant in Canada
ConocoPhillips plans to offer notes to raise money for its acquisition of the remaining 50% stake in Surmont oil facility in Canada. The stake is worth $3 billion, according to a filing made by the oil gas producer now headquartered in Houston, Texas. The company, with operations throughout Oklahoma, did not reveal how much …
Endorsed by Biden, EV bus manufacturer resorts to bankruptcy
The White House no doubt might be wondering about its endorsement of Proterra, the largest U.S. electric-bus maker. The California company filed for Chapter 11 bankruptcy protection late Monday and stunned the EV industry across the country. The move also left others wondering about the future of electric vehicles. If Proterra can’t make it, can …
Longtime Oklahoma conservationist honored
A gathering of friends, family, and fellow conservationists marked a special luncheon Tuesday in Wagoner, coming together to honor George Stunkard’s unwavering dedication to safeguarding Oklahoma’s natural treasures. The event offered a fitting tribute to a man whose lifelong commitment has etched an indelible mark on conservation efforts across the region. Recognition, Gratitude, and a …