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Energy/Business Briefs

• Solar accounted for most of the capacity the nation added to its electric grids last year. That feat marked the first time since World War II, when hydropower was booming, that a renewable power source comprised more than half of the nation’s energy additions. • Many planned U.S.

Biden’s failed war on fossil fuels

By Jerry Bohnen OK Energy Today Despite President Biden’s war on fossil fuels, the U.S. not only had increased crude oil production in 2023 but also record crude oil exports. The U.S. Energy Information Administration issued a report this week showing the U.S.

Crude stocks see decline across U.S., Cushing Hub

By Jerry Bohnen OK Energy Today OKLAHOMA CITY – Crude oil stocks in the Cushing Hub of Oklahoma and across the U.S. declined in the past week, according to new figures released by the U.S. Energy Information Administration. Cushing’s total stocks declined from 31.

Failing research equipment poses risk to wheat market

From staff reports STILLWATER – Three years after subzero temperatures destroyed some of the delicate hybrid wheat that was crossbred to develop new varieties at Oklahoma State University’s Agronomy Research Station, the facility’s declining plumbing and electrical systems remain a concern.

NCBA encouraged by ‘Product of USA’ rule

From staff reports OKLAHOMA CITY – National Cattlemen’s Beef Association Executive Director of Government Affairs Kent Bacus made positive remarks regarding USDA’s finalization of a rule on “Product of USA” labeled meats. According to the USDA, going into effect Jan.