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Landing a new job opportunity, Clay Gillespie found himself in a state similar to Hawaii. A beautiful home minutes from the ocean, palm trees, colorful flowers on every corner, and even seeing an occasional alligator made him feel like he was in a tropical paradise. He didn’t feel quite at home until he saw his surname on street signs, buildings, and even a beautiful area named Gillespie Park. On my last visit there during Christmas, we began to investigate the Gillespie name in Sarasota.
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Read moreIn just two weeks of February 2021, Oklahoma’s largest public utilities incurred some $2.8 billion in fuel and purchased power costs (compared to $1.3 billion for all of 2020). Then lawmakers and two Oklahoma Corporation Commissioners allowed those utilities to tack on another $2+ billion of financing (aka “securitization”) expenses by issuing pricey ratepayer-backed bonds with terms as long as 28 years.
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