Crude oil prices gained nearly 2% on Thursday as the war between Russia and Ukraine notched up world concerns that the fighting might escalate to a nuclear level. The price climb came after Russian President Vladimir Putin said Thursday Russia had launched a hypersonic medium-range ballistic missile attack on Ukraine and warned the …
An administrative law judge with the Oklahoma Corporation Commission delivered a victory Thursday to State Rep. Tom Gann, one of three legislators who sued to prohibit Commissioner Todd Hiett from participating in a rate case for Oklahoma Natural Gas. In winning the case to be heard as a customer of ONG, Gann also delivered …
A new study concludes that steps taken by the Oklahoma Corporation Commission’s Induced Seismicity Department to limit where and how much oil and gas wastewater is injected underground are reducing the number of strong earthquakes residents experience. A report published by the Seismic Record of a study conducted by Robert Skoumal of …
Oklahoma Climatologist Gary McManus reports recent heavy rains reduced the grasp of the drought in the state from 84% to 18%. Writing in his Thursday morning Mesonet update, McManus explained, “Even better, the amount of Severe (D2) and Extreme (D3) drought dropped from 68% of the state to just 2% during that same time frame. …
Entergy Arkansas wants approval of a more than $83 million rate hike that would raise average utility bills for customers by another $5 a month. It represents a 4.25% increase but the utility’s fourth consecutive annual increase has run into opposition from Arkansas Attorney General Tim Griffin. He calls the increase “artificially inflated” …
The U.S. Energy Department just handed out more than $2 billion this week to two projects creating regional U.S. hydrogen hubs, the kind of project Oklahoma failed to land in an agreement with Arkansas and Louisiana. The department committed up to $1.2 billion in federal cot share for the Gulf Coast Hydrogen Hub in …
Motorists may now keep on rolling with cashless tolling on all 12 Oklahoma turnpikes. The last turnpike to switch to open road tolling occurred early Wednesday morning on the I-44/Will Rogers Turnpike corridor between Tulsa and the Missouri state line. Starting today through early December, the Will Rogers cash lanes at the Big Cabin …
** Exxon Mobil Corp. has signed a preliminary agreement to provide battery metal lithium to an LG Chem Ltd. plant in the US, strengthening the oil major’s role in the domestic critical minerals supply chain. The multiyear deal will cover the supply of as much as 100,000 tons of lithium carbonate from Exxon’s planned project …
