As Iran faced more destruction, including the loss of a major Tehran bridge at the hands of Israeli jets, crude oil prices jumped nearly 11% higher in the U.S. and 8% worldwide. West Texas Intermediate closed higher than Brent. It’s a sign that traders are increasingly worried about continued disruptions to oil supply, a …
Brine act gets House committee support
A move in the Oklahoma legislature to encourage more industrial use of the state’s oil and gas wastewater for development into certain minerals won approval this week in the Oklahoma House Energy Committee. Known as the Oklahoma Brine Development Act, SB1930, by Rep. Anthony Moore and Sen. Grant Green was approved on a vote …
Texas opens new program for nuclear power effort
Texas Gov. Greg Abbott is wasting little time in boosting nuclear energy development in his state, opening a $350 million program Wednesday to allow nuclear developers to apply for new state funding. It’s a move to bring more power generation online to meet the expected demand for power from data centers. He calls it the Texas …
Google pushes data center growth with natural gas
As Google marches forward with plans for more data centers in Oklahoma, the company is also expanding data center efforts nationwide and intends to rely on natural gas to power them. In a big way. For example, a report this week by Cleanview, a market intelligence platform, revealed how Google plans partnering to construct a …
Annual meeting date set for OGE
Oklahoma Gas and Electric Company plans to hold its annual meeting of shareholders in mid-May. The company, in a filing with the Securities and Exchange Commission, announced the meeting will be a “virtual-only” format with no physical location on Thursday, May 21 at 9 a.m. Shareholders were informed they would not be able to …
Power grid adds 7 more states
The Southwest Power Pool says it has finished a successful expansion of its service territory from the Midwest into the Western Interconnection of the nation’s power grid. It means the SPP, which originally included Oklahoma and 13 other states stretching north to North Dakota, now includes states in the far western reaches of the nation, …
Harold Hamm says oil prices will eventually fall
Oklahoma’s “go-to” oil guy, Harold Hamm, founder and chair of Continental Resources Company believes the world’s high oil prices will eventually decline as the U.S. and Israeli war against Iran eventually ends. “ I think oil will come back down. Oil prices will moderate again. And we should expect that,” said Hamm in an interview Thursday …
US recorded increase in oil and gas rigs—Oklahoma was unchanged
The U.S. saw a gain of 5 oil and gas rigs in the past week to reach a total of 548 while Oklahoma’s count was unchanged from the previous week, according to the Baker Hughes Rig Count released Thursday. The report indicated Oklahoma held steady with a count of 44 rigs throughout the state. …
BLM Proposal Opens Chaco Land to Oil Drilling
April 2, 2026
BLM Proposal Opens Chaco Region to Oil and Gas Drilling The Bureau of Land Management (BLM) stirred up angry response from environmentalists and Native American leaders in New Mexico by proposing to open more than 300,000 acres of land to oil and gas drilling around the historic Chaco Culture National Historical Park. Public Comment Period …
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