News

Supreme Court OKs OG&E 2021 winter storm bonds

OKLAHOMA CITY – The state Supreme Court gave the Oklahoma Development Authority permission to issue up to $800 million in ratepayer-backed revenue bonds to cover debts that Oklahoma Gas & Electric Co. incurred during the February 2021 winter storm. The May 3 vote was 8-0, with one recusal.

PSO proposes energy savings program

OKLAHOMA CITY – Public Service Co. of Oklahoma seeks permission to offer its customers the option to reduce the cost of their electric service by cutting back on usage when energy market prices soar to abnormal heights.
PHOTO PROVIDED

PHOTO PROVIDED

Tulsa energy company invests in Tulsa EV charging network

Francis Energy LLC, a Tulsa-based owner and operator of the nation’s first comprehensive statewide network of electric vehicle fast-charging infrastructure, announced an equity investment in the company by Alliance Resource Partners L.P., a coal and energy firm also headquartered in Tulsa.
T.J. Campbell Construction Co.'s asphalt silo in south Oklahoma City. PHOTO PROVIDED

T.J. Campbell Construction Co.'s asphalt silo in south Oklahoma City. PHOTO PROVIDED

USDOL cites Edmond contractor for death of teen in asphalt silo

OKLAHOMA CITY – An Edmond paving contractor faces penalties totaling $370,347 in the death of an employee who died on the job last year. Federal workplace safety investigators allege that T.J. Campbell Construction Co.

Banks to be surveyed on small-business lending

WASHINGTON – Approximately 2,000 U.S. banks have been invited to participate in a nationally representative online survey about their small business lending practices and volumes. Sponsored by the Federal Deposit Insurance Corp. and administered by the U.S.
The Oklahoma Turnpike Authority office in Oklahoma City RIP STELL/FOR SOUTHWEST LEDGER

The Oklahoma Turnpike Authority office in Oklahoma City RIP STELL/FOR SOUTHWEST LEDGER

Fight over toll road sparks legislative effort to slow down Turnpike Authority

OKLAHOMA CITY – History, it seems, is repeating itself. Twenty-three years ago, the Oklahoma Turnpike Authority attempted to build a turnpike extension south of Oklahoma City and connect to Interstate 35 near the town of Purcell. People protested. The Oklahoma Legislature killed the idea.

OGE reports earnings of $1.39 per diluted share

OKLAHOMA CITY – OGE Energy Corp., the parent company of Oklahoma Gas and Electric Co., had earnings of $1.39 per diluted share during the three months that ended March 31 of this year, compared to 26 cents per diluted share in the same period in 2021, the company announced.