West Virginia took the lead Monday in oral arguments before the U.S. Supreme court in the fight by 20 states, including Oklahoma, against President Biden’s climate agenda. In doing so, the states have invoked the “major questions doctrine” which is a judicial principal being used to challenge the EPA’s regulation of greenhouse gas emissions …
February 28, 2022 archive
Cushing crude stocks slide lower
Indicative of what is happening to the crude oil supply in the U.S., the amount in storage at the Cushing hub in Oklahoma fell again in the past week. The U.S. Energy Information Administration reported 23,778 million barrels of oil are on hand at the northern Oklahoma hub. That’s a decline of 2,049 barrels …
Approval expected on $2 billion more in winter storm cost debts
While the Oklahoma Supreme Court is being asked to approve nearly $1 billion in bond securitization for Oklahoma Gas and Electric over the 2021 February winter storm, a state agency will meet Tuesday to consider $2.2 billion in winter storm bills from three more utilities. The Oklahoma Development Finance Authority rescheduled its meeting following …
ONE Gas to grow its renewable natural gas projects
ONE Gas leaders in Oklahoma say the company is expanding its projects involving renewable natural gas. At a recent conference call, they discussed some of the company’s 22 projects for RNG. Their expansion came after a study identified 175 Mcf of potential renewable gas feedstock across the company’s operations in Oklahoma, Kansas and Texas …
BP fights small Kansas town’s price-gouging lawsuit
The residents of the small Kansas town of Mulberry are taking on global energy titan BP, suing the company over the 2021 winter storm and accusing it of price-gouging—and the giant is fighting back. BP wants to appeal a recent Crawford County district judge’s ruling that allows the town’s lawsuit to proceed reported the …
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