Oklahoma Gov. Kevin Stitt is one of ten Republican Governors who recently announced a coalition to slash regulations about energy production and take a stand against renewable energy mandates. They call it the Governors Coalition for Energy Choice. In a statement, the governors said their goal is to “ensure continued energy choice, minimize permitting and …
September 2024 archive
Crude oil finished Thursday’s trading with a strong 1% gain
Crude oil prices managed a 1% gain in Thursday’s trading, a day after the large cut in U.S. interest rates and news of declining global stockpiles. Plus, it turned into a day of strong gains for Oklahoma energy stocks. As Reuters explained, prices are recovering after Brent crude, the global benchmark, fell below $69 …
Nation’s demand for natural gas prompts a dozen new expansion projects at Williams Cos.
Alan Armstrong, President and CEO at Williams Cos. recently told a national conference that the addition of a dozen new projects is necessary to meet the nation’s growing demand for natural gas. He told those on hand at the Barclays CEO Energy-Power Conference Williams plans to add 4.2 billion cubic feet a day …
Biden’s EPA hands out $156 million for low income solar power in New Mexico
Intent on supporting the growth of renewable energy sources, the Biden administration announced this week it was giving $156 million to the state of New Mexico to bring rooftop and community solar capacity and battery storage to more than 20,000 low income households. EPA Region 6 Deputy Regional Administrator Stacey Dwyer told those on …
Sen. Mullin attacks Biden-Harris over fracking and rising energy costs
(Full video of Sen. Mullin’s remarks can be found here.) In offering his support this week for a Protecting American Energy Production Act, Oklahoma U.S. Senator Markwayne Mullin used the opportunity to criticize Vice President Kamala Harris over her flip-flop on hydraulic fracturing policy. “The bill I bring forward today is the Protecting American Energy Production …
Lithium battery ignited Norman trash truck
The dangers of the huge lithium batteries used to power some electric cars is often displayed in fires that burn for hours and required large amounts of water to control. It wasn’t such an EV battery that displayed its dangers this week when a norman recycle truck caught fire in Norman. But it was …
PSO files $33.5 million request for higher rates while an ongoing request is being considered by regulators
The AARP Oklahoma wasn’t bluffing when it told members this week during a telephone town hall that yet another increase is coming from Public Service Company of Oklahoma, even as state regulators are considering a previous rate hike request. PSO filed a notice seeking approval from the Oklahoma Corporation Commission for what is …
Big Marcellus Shale acquisition made this week
An acquisition of 435,000 acres in the Marcellus Shale play was announced this week by Philadelphia-based WhiteHawk Energy, LLC. It’s a shale play where Oklahoma City’s Chesapeake Energy also has operations. The natural gas mineral and royalty assets acquired by WhiteHawk Energy are across southwestern Pennsylvania and northern West Virginia and expands the company’s …
Cushing Hub crude stocks down 2 million barrels since early September
Crude stocks declined again in a big way at the Cushing Hub in Oklahoma and across the U.S., reported the U.S. Energy Information Administration. Cushing’s total in stored crude oil fell 2 million barrels, from 24.7 million recorded on September 6 to 22.7 million barrels on September 13 which is the latest reporting period …
Anthony urges Supreme Court to “ignore” Todd Hiett’s suit against him
Oklahoma Corporation Commissioner Bob Anthony told the State Supreme Court it should ignore what former Commission chairman Todd Hiett claimed in his request to stop Anthony from investigating alleged corruption in commission cases. Responding to Commissioner Hiett’s request for a writ of prohibition filed last month with the court, Anthony filed his answer this …