Regulator calls for evaluator to be used in utility fuel cost cases

  Oklahoma Corporation Commissioner Bob Anthony says it’s time the agency use a third-party evaluator to study the growing fuel costs of Oklahoma Natural Gas and other utilities seeking approval of increased charges to consumers. In a filing last week in the case of ONG’s Prudence Hearing on fuel adjustment costs, Anthony took note that …

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Colorado legislators launch investigation of high energy bills

  Eye-popping energy bills in Colorado got the attention of state legislators who recently announced formation of a committee to explore what’s behind the rising costs. While the same kind of energy bills are experienced in Oklahoma, Colorado legislators apparently want to do something about them reported the Colorado Public Radio. Click here for Colorado …

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Arkansas files suit against EPA over rejection of coal plant rules

  Another claim of “federal overreach” is made against the Biden administration. This time, it was made by the state of Arkansas which sued the Environmental Protection Agency and its decision to reject the state’s plan to comply with a rule governing coal-fired power plants. Arkansas filed suit after the EPA rejected plans from Arkansas …

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Attorney pleads guilty in scheme against Continental Resources

  Attorney Blaine Dyer, alleged to be the man behind a land-grab scheme against Oklahoma City’s Continental Resources awaits sentencing in U.S. District Court after pleading guilty to commit wire fraud. The Oklahoman reported Dyer could be sentenced up to five years in prison along with a fine of up to $250,000. Click here for …

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Drummond adds Oklahoma to lawsuit challenging EPA’s WOTUS rule

  In a lawsuit against the EPA’s newest WOTUS rule to take effect in March, Oklahoma Attorney General Gentner Drummond and 23 other Republican state attorneys call it a “final rule riddled with problems.” They also contend the rule exceeds the authority of the Environmental Protection Agency and other agencies that adopted it in the …

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Study says two of New Mexico’s national parks are endangered by oil and gas drilling

A study by the group, Coalition to Protect America’s National Park, is out with a report claiming that oil and gas drilling is endangering two of New Mexico’s national parks. The group says continued fossil fuel extraction from the Permian Basin is putting the Carlsbad Caverns National Park and the Chaco Culture National Historical Park …

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New gas well in southeast Oklahoma for Calyx Energy III

    Tulsa-based Calyx Energy III LLC continued with its success of natural gas wells in southeastern Oklahoma. It filed a completion report this week on a Pittsburg County gas well that produced 11,628 Mcf of natural gas. The Albatross 2-3-27wh, completed in November 2022, is located at 3 7N 13E, a site north of McAlester …

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OK energy stocks took a hit on Friday as crude oil dropped

  Not only did crude oil prices fall on Friday, so did most Oklahoma energy stocks as investors showed signs of increased concern the Federal Reserve will get more aggressive with interest rate hikes. West Texas Intermediate crude finished down 2.74% on a decline of $2.15 a barrel to close at $76.34 on the New …

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Rig counts—up in Oklahoma and down nationwide

  Oklahoma’s rig count grew by one in the past week to reach a total of 64 rigs breaking the horizon in search of oil and gas. Baker Hughes Co. reported on Friday the national rig count fell by one to 760. The decline included a loss of 2 oil rigs, leaving 607 across the …

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Williams and Chevron reach deal for increased natural gas production

  Williams announced that it has executed agreements with Chevron U.S.A. Inc. to support natural gas development in the prolific Haynesville Basin as well as the deepwater Gulf of Mexico. Williams will provide natural gas gathering services to Chevron’s 26,000-acre Haynesville dedication while Chevron has agreed to a long-term capacity commitment on Williams’ Louisiana Energy …

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