While crude oil prices gained more than $1 a barrel in Tuesday’s trading, Oklahoma energy made strong gains. The price gains came after two developments—a U.S. Energy Department report indicated crude oil production would grow less than forecast and a possible lengthy cease-fire in the Gaza War. West Texas Intermediate crude rose 53 cents or …
A little less than a month after he promised to monitor Oklahoma’s natural gas market to make sure there was no repeat of market manipulation like the state endured in the 2021 winter storm, Attorney General Gentner Drummond isn’t offering much detail about what he might have learned. It was January 12 when he …
While some Oklahoma legislators are in private discussions about how to approach two controversial topics, Right of First Refusal and Performance Based Ratemaking, one similar measure called the Oklahoma Electric Choice and Competition Act is already in the works. Known as SB 1332, the bill by Tulsa Republican Sen. Dana Prieto, appears to be …
A 3,600-acre, six-square mile solar farm is a step closer to production in the Texas Panhandle. A report indicated that $590 million in funding was recently secured by Vesper Energy for the Hornet Solar project south of Amarillo. Power production for ERCOT, the Texas electricity grid, is anticipated to begin in January of 2025 …
It’s worth noting that while some cities are banning natural gas in new buildings and the Biden administration attacks the industry by freezing LNG ports, the U.S. consumed a record high 141.5 billion cubic feet of natural gas on January 16 of this year. It broke the old record in the U.S. lower …
Sounds crazy, right? Beautiful early spring-like weather in Oklahoma in the past two weeks and someone comes up with a weekend forecast that suggests—what? Snow! It’s in the forecast—maybe—according to Oklahoma Climatologist Gary McManus. In Tuesday’s Mesonet update, he said there are a lot of “IFs” involved in whether it really snows in northwest …
Suncor Energy is coughing up $10.5 million to settle pollution violations at its refinery in Commerce City, Colorado outside of Denver—-the largest such fine in state history. Suncor was accused by the Colorado Air Pollultion Control Division of hundreds of unpermitted air releases at the refinery between July 2019 and June 2021. The Canadian …
Whenever a utility declares it wants to recover investments made in generation capacity, those are words exchanged for “rate hike.” It’s what Evergy, Inc. did recently in filing a request and supporting documentation with the Missouri Public Service Commission. The request covers Evergy’s 340,000 custsomers in St. Joseph, Liberty, Platte City and elsewhere in …
The Southwest Power Pool Board of Directors is under new leadership, according to announcement by the regional power grid operator. Oklahoma is one of 14 states that make up the SPP. According to the announcement, John Cupparo is now the board chair, filling the chair role formerly held by Susan Certoma. Certoma, who has served …
Houston’s Tellurian Inc. just stirred the pot in the Haynesville play after announcing it intends to offer its upstream business for sale including more than 31,000 acres in east Texas and Louisiana. Could the announcement be inviting to one Oklahoma City energy firm? The Haynesville is a heavy target of Oklahoma City-based Chesapeake Energy. …
