Tuesday’s decision by the United Arab Emirates to drop out of the global oil cartel OPEC sent crude oil prices upward with Brent crude reaching $111. The announcement came at a time when the ongoing war with Iran led to Iranian missile strikes on American bases in the country. The Strait of Hormuz remains closed …
The Oklahoma Senate Tuesday unanimously passed legislation from Sen. Grant Green, R-Wellston, to protect Oklahomans from higher utility costs as a result of the growing number of data centers across the state. The Senate passed an amended version of House Bill 2992, the Data Center Consumer Ratepayer Protection Act of 2026, that adds greater transparency requirements …
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 …