Crude oil prices made a slight gain in Thursday’s trading but Oklahoma energy stocks suffered with some firms losing 6% and 7% for the day. What prompted the small gain for crude oil was an OPEC forecast for demand growth along with information showing an easing of the labor market in the U.S. Combine that …
Baker Hughes in Oklahoma City and its research into hydrogen technology that converts waste to clean energy has been named one of six projects to receive approximately $9.3 million in funding from the U.S. Department of Energy. The DOE’s Office of Fossil Energy and Carbon Management announced the federal funding to develop cutting-edge technology …
Not only have temperatures risen in Oklahoma this week, but another ozone alert has been issued for Friday in Oklahoma City and Tulsa because of the poor air conditions. The Oklahoma Department of Environmental Quality issued the “Ozone Alert Day” on Thursday. It is a prediction that concentrations of ozone will approach levels …
The Williams Company in Tulsa is alerting U.S. Senators that natural gas will be critical for any expansion of the nation’s electric power grids and the country cannot rely alone on renewable energy. Wind and solar can’t do it alone. Writing to Sen. Joe Manchin, chairman of the Senate Energy and Natural Resources committee, …
Remember when Venezuela’s oil industry was considered a threat to production in Oklahoma, Texas and New Mexico? No more and world social and political observer Peter Zeihan says the only thing keeping the country afloat is the partial lifting of sanctions by the Biden administration. Even so, in one of his latest commentaries, he …
We’ve reported several times how groups believe electricity prices will increase this summer and now the Biden administration’s own Energy Information Administration is making the same prediction. “This summer—June through August—we expect that residential customers’ monthly electricity bills will average $173 in the United States, slightly higher than last summer’s average of $168,” stated the …
Electric Cooperatives in Kansas and Missouri have come out publicly saying the controversial new EPA rules aimed at cutting pollution from fossil fuel-fired power plants will only worsen the power reliability risks. Both the Association of Missouri Electric Cooperatives and the Kansas Electric Cooperative issued statements expressing how they are “extremely concerned” with …
The $332.54 million rate hike requested by Oklahoma Gas and Electric company and being considered by the Oklahoma Corporation Commission has been reduced but the impact on residential customers will still be another $13 more a month. In a filing with the Securities and Exchange Commission, OG&E indicated the initial filed request will be reduced …
Demand for electric vehicles in the U.S. has slowed so much that Ford’s new West Tennessee factory is delaying production until 2026. The much-ballyhooed plant was originally intended to begin production of Ford’s F-150 Lightning electrick pickup truck in 2025. But the company revealed full production is being delayed. The Tennessee Lookout reported Ford …
The federal government wants to take advantage of the kind of geothermal research that the University of Oklahoma is doing in supplying heat to school buildings in Tuttle. The Department of Energy announced funding opportunity of up to $7 million to develop regional grid models to assess how clean, firm geothermal power …
