Crude oil prices rose more than $1 a barrel on Wednesday and it wasn’t because of a new government in Syria. It came after the European Union took a stance to add more sanctions against Russia, a move that could result in tighter global crude supplies. European Union ambassadors agreed on Wednesday to a …
December 11, 2024 archive
Gov. Stitt explores “unplugging” from Southwest Power Pool
Oklahoma Gov. Kevin Stitt says he is ready to stand up in defense of Oklahoma landowners opposed to regional transmission line development by the Southwest Power Pool. He’s ready to take on the SPP and suggested he won’t allow the power grid to control Oklahoma. He might explore “unplugging” from the SPP. Interviewed by …
Tinker Colonel named Oklahoma’s 2024 Aerospace and Aviation’s Woman of the Year
Rep. Nicole Miller, R-Edmond, and Sen. Brenda Stanley, R-Midwest City, applauded Col. Abigail Ruscetta for being named the 2024 Oklahoma Aerospace and Aviation’s Woman of the Year. She was honored at the eighth annual Oklahoma Women in Aviation and Aerospace Day, held Friday at the Tulsa Air National Guard Base. Colonel Abigail L. W. …
Shocking natural gas bill hikes to greet Summit customers in Arkansas
Imagine your natural gas bill doubling from November to December. It’s what customers of Summit Utilities in Arkansas are likely to face after regulators gave approval to a rate hike settlement. Based on the settlement agreement, it’s reported the average Summit Utilities customer can expect a $134 December bill. It is an agreement …
Turnpike travel in Oklahoma to cost more beginning in January
This week’s action by the Oklahoma Turnpike Authority wasn’t much of a Christmas gift….more like something Scrooge or the Grinch Who Stole Christmas would leave for us. Turnpike fees will jump 15% effective Jan. 1, 2025. Click here for KOCO TV News
Justices displayed possible support for oil railway fought by Colorado
With Justice Neil Gorsuch recused from hearing the case, the Supreme Court on Tuesday heard arguments in Colorado’s fight against a proposed 88-mile railway to move oil from Utah and into Colorado. Some observers say based on questions from the justices, they appeared to lean in favor of supporters of the Uinta Basin …
Iowa farmers want regulations covering destroyed wind turbines
In a case reminiscent of the abandoned wind turbines in the Oklahoma Panhandle last year, some Iowa farmers are pushing for new regulations to cover the cleanup of damaged turbines on their land. In Iowa, a family was left with a hole in the ground after the company used exposives to remove a turbine …
Energy briefs
** On Tuesday the U.S. House passed bipartisan ‘Good Samaritan’ abandoned mine cleanup legislation by voice vote. The bill passed the U.S. Senate unanimously in July, and President Joe Biden is expected to sign it into law. ** Texas researchers investigate a spike in seismic activity in the Permian Basin and its connection to the injection of roughly 50 billion barrels …
Indiana ROFR-like law blocked by federal judge
In a case that raises the subject of ROFRs or Right of First Refusal, a federal judge has blocked a 2023 Indiana law that gives in-state utilities first rights to build new transmission projects, saying it limits competition for out-of-state companies. The idea of ROFRs has floated around the Oklahoma legislature for the past …
US expected to top world’s oil producers for another year
Based on a new report from the U.S. Energy Information Administration, it appears increased well productivity by 34 publicly traded U.S. oil exploration and production companies will make the U.S. the world’s top producer of crude oil for a seventh consecutive year. The identities of the 34 companies were not revealed in the report. …
