January 2024 archive

55,000 Oklahoma homes closer to getting Broadband service

More than 55,000 Oklahoma homes and businesses are one step closer to receiving high-speed internet service, thanks to recent votes  by the Oklahoma Broadband Governing Board to authorize broadband infrastructure expansion projects in 57 counties. Once all necessary agreements are executed, the 142 approved projects would provide broadband to nearly a quarter of locations without …

Continue reading »

Corporation Commissioners to begin early handling of OGE’s $332 million rate hike request

  Oklahoma Corporation Commissioners plan to hold a special meeting this week to begin the early stages of reviewing the $332.5 million rate hike request by Oklahoma Gas and Electric. It will be during a Tuesday afternoon meeting and the commissioners are not expected to dig deeply into the request. That will come later when …

Continue reading »

House science committee questions if EPA lied to get shutdown of chemical plant

  The House Science committee chaired by Oklahoma U.S. Rep. Frank Lucas has started an investigation into whether the Biden administration fabricated a paper trail in order to shut down a chemical plant in Louisiana. At least, the Republican leaders on the committee have begun the probe. Leaders of two subcommittees, Max Miller of Ohio …

Continue reading »

Biden administration’s sale of helium reserve worries medical community

  The Biden administration just sold the Federal Helium Reserve, a deal that involves pipelines in Oklahoma, Kansas and the Texas Panhandle, and it worries some in the medical community. The reserve is located in a large underground facility in Amarillo and supplies up to 30% of the helium used across the country. The helium …

Continue reading »

New Mexico legislature moves to rewrite oil and gas rules after nearly 90 years

(AP Photo/Morgan Lee)   Small and moderate sized oil producers fought it but a move to update New Mexico’s oversight of the oil and gas industry narrowly passed a legislative committee. The bill would rewrite parts of the state’s Oil and Gas Act which was created in the 1930s, long before New Mexico became the …

Continue reading »

Crude oil prices and Oklahoma energy stocks gained on Thursday

Crude oil bounced up 3% in Thursday’s trading and Oklahoma energy stocks did the same with some firms recording gains stronger than 4% for the day. It was the highest close for crude oil prices since December, thanks to faster-than-expected growth in the last quarter plus increased tensions in the Red Sea. West Texas Intermediate …

Continue reading »

Lawsuit challenging constitutionality of Oklahoma energy discrimination Act still in the system

    The lawsuit challenging the constitutionality of the Oklahoma Energy Discrimination Elimination Act, a suit filed with the support of the Oklahoma Public Employees Association, is apparently a long road away from going to trial—-if it ever does. OK Energy Today reported earlier in the month how State Treasurer Todd Russ asked an Oklahoma …

Continue reading »

Williams to release 4Q earnings…will its strong 3Q carry over?

  Williams Cos. plans to host what it calls a Clean Energy Expo in Washington, D.C. next month and release its fourth-quarter earnings report a day later. The Tulsa firm stated this week that the Clean Energy Expo in the nation’s capitol will be held Tuesday, Feb. 13 and will focus on how Williams and …

Continue reading »

Filings confirm BlackRock Inc. does invest in oil and gas in Oklahoma

    For a company that is banned by the state of Oklahoma from doing investments with state pension plans over its ESG discrimination of the oil and gas industry, BlackRock Inc. sure makes it appear it is doing just the opposite. As we’ve reported this week, filings with the U.S. Securities Exchange Commission revealed …

Continue reading »

Sen. Mullin attacks EPA’s chuminess with anti-plastics activists

  Oklahoma U.S. Sen. Markwayne Mullin used a Senate committee hearing this week to be critical of the Biden administration’s friendliness with anti-plastic activists in deciding the implementation of the Toxic Substances Control Act. It came as he questioned Dr. Feedhoff, who is the Assistant Administrator of the Office of Chemical Safety and Pollution Prevention …

Continue reading »