July 2024 archive

Rep. Cole—a President Harris would throttle American energy

    At least two Oklahomans in the U.S. House of Representatives have condemned the energy stances of Vice President Kamala Harris who is now running for President. Congresswoman Stephanie Bice told OK Energy Today, “Vice President Harris, who once called to end all fracking, is no friend to the oil and gas industry. In …

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Gulfport to update investors with 2Q earnings report

  Affected by low prices, Gulfport Energy Corporation decided at the end of April to defer some of its drilling and now will release second quarter earnings. Investors will learn whether the deferral of exploration did any good and how it affected earnings. The Oklahoma City company focuses much of its drilling in the Marcellus …

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Charges fly between corporation commissioners—tensions erupted

    The below the surface tension between Oklahoma Corporation Commissioners Todd Hiett and Bob Anthony erupted again Tuesday into a display of animosity and political charges. And it stemmed from the 2021 Winter Storm bonds and how ratepayers will be paying for decades to come. Hiett accused Anthony of trying to trick the public …

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Crude oil prices drop to a six-week low

Make three straight trading days where crude oil prices have dropped. On Tuesday, prices dropped nearly 2% and hit a six-week low because of growing worries about oil demand in China and the possibilities of a ceasfire in Gaza. Both WTI and Brent hit their lowest closes since June 7 and Reuters reported it pushed …

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Oklahoma joins fight against EPA Carbon Rule—heads to Supreme Court

  Oklahoma was among 27 states that took their fight this week against the EPA’s carbon rule to the U.S. Supreme Court. The rule was finalized in May and quickly led to a lawsuit by Republican attorneys general from 27 states and industry groups who attempted to block the landmark rule. The rule requires sweeping …

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Congress funds millions for water improvement projects in Woodward and Stillwater

    Nearly $33 million in water improvement projects in Woodward and Stillwater were included in the recently passed Water Resources Development Act of 2024 by the U.S. House. Congressman Frank Lucas voted for the legislation that helped the two cities in his district. “At a time when our political system appears to be in …

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Latest legal move in Oklahoma’s anti-ESG Act

  Just a few days after an Oklahoma County District Judge ruled that Oklahoma’s anti-ESG law should be permanently enjoined from enforcement, the state supreme court was asked to dismiss an earlier state appeal of the judge’s temporary injunction. Attorney Collin Walke, who led the fight on behalf of state retiree Don Keenan in his …

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OGE workers return home after helping restore electricity to angry Houston residents

  After two weeks in Houston helping CenterPoint Energy struggle to restore power to millions of residents following Hurricane Beryl, more than 100 line crews and support staff from Oklahoma Gas and Electric are back home. OGE’s team of 105 workers returned to their Oklahoma and Arkansas homes over the weekend while the utility they …

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NextEra encounters another delay in effort to build huge solar farm at Enid

    NextEra Energy encountered another delay in its proposed controversial Solar farm project near Enid as Garfield County Commissioners voted this week to table six floodplain permits for the project. It was a unanimous decision as county commissioners heard complaints from residents who oppose the  Skeleton Creek solar project. The project entails 5,000 acres …

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KC homebuilders complain of new environmental requirements

  Homebuilders in Kansas City are complaining that new energy rules have not only kept the housing market tight but also created roadblocks for more affordable housing. The rules were implemented last year by the Kansas City Council and required the installation of certain kinds of windows, insulation thickness and more efficient heating and air …

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