As he prepares to leave the U.S. House and become a U.S. Senator in January, Oklahoma Congressman Markwayne Mullin says he’s especially proud of the time he served on the House Energy and Commerce Committee. In a note to constituents, the Republican Representative, who won the November election to succeed retiring Sen. Jim Inhofe, …
Williams Cos expands gas pipeline holdings with $1.5 billion purchase
Tulsa-based Williams is expanding its natural gas pipeline holdings with the $1.5 billion acquisition of Southwest Gas Holdings’ MountainWest Pipelines Holding Company. The all-cash deal involves more than 2,000 miles of interstate gas lines primarily in Utah, Wyoming and Colorado operated by MountainWest. The systems total nearly 8,031 million dekatherms a day of transmission …
Other energy headlines
** Members of the House Select Committee on the Climate Crisis say more remains to be done as the panel wraps up its work ahead of the new Congress. ** President Biden wants Americans to know gas prices are falling fast—and he deserves the credit. The average pump price has plunged from $5 per gallon in June …
Part of Keystone pipeline restarts after leak in northern Kansas
The Keystone pipeline restarted in part following last week’s 14,000 barrel crude oil leak into a creek in northern Kansas. An investigation has yet to determine the cause of the leak but a federal report revealed the operator received a 2017 special exemption that allowed the line to operate at pressures above the standard …
Crude oil gained more than $2 a barrel
After U.S. interest rates were not raised as much as they have in the past several months, crude oil prices ended up more than $2 a barrel in Wednesday’s trading. Forecasts from OPEC and the International Energy Agency of a rebound in demand next year also aided the price gain. The Fed raised its …
AARP calls for moratorium on utility rate hikes in Oklahoma
In light of the upcoming winter weather, AARP Oklahoma State Director Sean Voskuhl questions the preparation and communication by Oklahoma utility companies and calls for a moratorium on rate hikes and customer disconnections. “What steps have the utilities taken all the steps to ensure that all Oklahomans will have safe and reliable service? What have …
Permian Basin earthquakes result in curtailed water injections
Just like Oklahoma did a few years ago after a lengthy time of damaging earthquakes linked to oil and gas exploration, Texas regulators have adopted reductions in produced water injections in the Permian Basin. The Texas Railroad Commission took the action this week following a 5.4 magnitude earthquake that rumbled across Reeves County on …
Oklahoma regulators still deal with winter storm costs for utilities
The fallout from the February 2021 winter storm is still being felt by Oklahoma utilities and the Oklahoma Corporation Commission that regulates them. Corporation Commissioners meet Thursday morning to review and hold possible votes on the requests of four utilities to allow for natural gas cost or fuel cost adjustments—adjustments that would likely increase …
Evergy’s capital investment under scrutiny by Kansas regulators
The Kansas Corporation Commission began this week questioning and exploring Evergy’ five-year capital investment plan that will result in higher bills for consumers. Evergy wants to spending another $1.2 billion for the period and much of it would be spent on renewable energy projects reported KWCH TV. Click here for KWCH TV
Oil and gas tax revenue results in growing funds for New Mexico legislature
Thanks to the strength of oil and gas revenue, New Mexico legislators saw another increase in the amount of funds they will have to create a new state budget. The New Mexico Legislative Finance Committee released its Consensus Revenue Estimate for fiscal year 2024 which begins July 1, 2023. The projected revenue for Fiscal Year 2024 …