With natural gas prices the U.S. hovering around $2.50, the sticker shock across Europe sees the country paying nearly three times as much as in the states. Prices are up because of the US war against Iran and the shutdown of the Strait of Hormuz. Why focus on what’s happening in Europe? Because some of …
Oil prices rose on Tuesday ** The stalemate in the war against Iran sent crude oil prices climbing again on Tuesday with Brent reaching $111 a barrel. Iran peace offer not well received ** U.S. President Donald Trump is unhappy with the latest Iranian proposal on resolving the two-month war, a U.S. official said, …
While Tulsa customers of Public Service Company might be staring a rate hike in the face as the utility goes before state regulators with a more than $1 billion request, they also could be hit with water bill increases at home. That’s because the city of Tulsa’s proposed new budget includes yet another increase …
Oklahoma Attorney General Gentner Drummond is questioning the lawfulness of the three top credit rating agencies’ environmental, social and governance (ESG) policies. Drummond and 22 other state attorneys general sent a letter last week to Fitch Ratings, Moody’s, S&P Global Ratings and the Securities and Exchange Commission outlining their concerns about the agencies’ pledge to …
With the near closing of its merger with Coterra Energy and the approaching move of headquarters to Houston, Oklahoma City’s Devon Energy is getting some advice to sell some of its assets. The advice came this week from Kimmeridge, the private investment firm focused on the energy sector. The firm released an open letter to …
New Report: Grassroots Opposition to AI Data Centers Surges 4x in 4 Months, 360,000+ Americans Mobilizing Across 37 States Oklahomans fighting data centers are among hundreds of thousands of Americans who have organized in recent months to fight the proposed AI operations. And a new national study says opposition jumped four times in four …
The federal appeals court in Denver has ruled in favor of Devon Energy in its fight with the Department of Interior over royalties from gas production in New Mexico. The challenge of the results of an audit involved more than $2.8 million and the Oklahoma City-based energy company took the federal government to court. …
The AARP in Oklahoma says state regulators should take note of the warning from consumers—-don’t shift the soaring costs of powering large data centers onto residential customers. An overwhelming 92% of Oklahomans age 50‑plus say elected officials should ensure residential customers do not pay for the costs of serving new large data centers, according to …
SPP has issued a Resource Advisory for the East Balancing Authority (BA) area, effective Tuesday, April 28, from 10:00 a.m. CT until an anticipated end time of 6:00 p.m. CT. Resource Advisories are still considered normal operating conditions, and do not require the public to conserve energy or take any action, but are issued to …
Even as Iran made an offer to open the Strait of Hormuz in a venture to end the war with the U.S., crude oil prices finished higher in Monday’s trading. The continued shuttering of the Strait as well as the U.S. naval blockade along with the President’s cancellation of weekend peace talks in Pakistan …