The Oklahoma Corporation Commission will meet on Monday, March 20, 2023 at 1:30 p.m. A special meeting was called to discuss the Oklahoma Senate’s proposed electric utilities Ratepayer Protection Act of 2023 (SB 1103) and its impact or potential regulatory issues. The public meeting will allow input from representatives of parties who have participated as …
Short energy stories from the US and the world
**The Biden-Harris administration is continuing its push to make electric vehicle ownership a reality across the country, particularly in Black and brown communities that have been most affected by climate and environmental issues and high gas prices. his week, the administration opened up applications for a $2.5 billion grant program allowing states and municipalities to begin …
EPA contends Oklahoma cannot block waste shipments from Ohio
Another fight with the EPA is in the making for Oklahoma Gov. Kevin Stitt and other governors who have blocked shipments of waste from the fiery train derailment in Ohio. After Stitt blocked rail shipments of contaminated soil to a waste site in northwestern Oklahoma, EPA Administrator Michael Regan responded by stating there was …
Court says Texas Utility Commission “exceeded” limits in 2021 Winter Storm Uri
Two years after the devastating 2021 Winter Storm Uri left nearly 200 dead in the state of Texas and prompted calls for better grid control, a Texas appeals court ruled the state’s regulatory agency overstepped its bounds and kept power prices too high. The Texas 3rd District Court of Appeals in Austin concluded the …
BCE-Mach III creates more producers in Oklahoma’s STACK play
Two years after BCE-Mach III LLC expanded its Anadarko Basin holdings to 46 counties in western Oklahoma, the Texas Panhandle and Kansas, the company recently filed completion reports on a series of four Kingfisher County wells. The four Lincoln Southeast Oswego Unit wells were completed in January and the largest producer, with 489 barrels …
Legislative bill targeting soaring utility bills to be reviewed by Oklahoma regulators
Oklahoma Corporation Commissioners will hold a special meeting Monday afternoon with the focus on Senate Bill 1103, a bill a former Corporation Commissioner says would stop soaring utility bills in Oklahoma. The agenda for the 1:30 p.m. meeting stated there will be consideration and discussion regarding SB 1103 and “any potential issues SB 1103 …
Crude oil and OK energy stocks took another hit on Friday
Crude oil prices settled lower on Friday by more than 2%, reversing gains made earlier in the day. Oklahoma energy stocks also suffered losses in the day’s trading. Analysts blamed banking sector fears for both Brent crude and WTI to reach their biggest weekly declines in months. West Texas Intermediate crude fell $1.61 a …
Oil and gas rig numbers grew in Oklahoma and the US in the past week
Rig numbers made gains in Oklahoma and across the U.S. in the past week according to figures released Friday by Baker Hughes Co. Oklahoma’s count grew by one to reach 62, significantly more than the 49 reported one year ago. Across the U.S., numbers increased by 8 to 754 rigs. But the number of …
Biden administration joins Colorado lawsuit against Suncor refinery
Showing its intent on fighting climate change, the Biden administration has joined a lawsuit by local Colorado governments against Suncor, the Canadian energy giant with a refinery near Denver. The U.S. Department of Justice filed a legal brief and argued that the Colorado case against Suncor should be heard in state court reported The …
Former Oklahoma regulator says legislators should pass bill to stop utility rate hikes
One former Oklahoma Corporation Commissioner contends the state legislature has an opportunity to stop the kind of soaring utility bills that have hit customers following the 2021 Winter Storm Uri. Writing in The Oklahoman, Jeff Cloud, now Executive Director of the Alliance for Security Energy, said legislators should pass SB1103 which he says is …