January 14, 2025 archive

Crude oil prices dropped more than 1% on Tuesday

  After a few days of gains, crude oil prices fell more than 1% on Tuesday’s trading following a government forecast of steady U.S. oil demand in 2025. New U.S. sanctions announced last Friday on Russian oil exports to India and China limited some of the tumble in prices. The drop in prices came after …

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PSO rate hike and Open Meeting Act exemptions to be decided by Corporation Commissioners

    Oklahoma Corporation Commissioners will meet Wednesday to consider two issues that will affect ratepayers and the public. One is a $120 million rate hike requested by Public Service Company of Oklahoma and the second is the creation of rules regarding an act that allows regulators to meet without notifying the public to discuss …

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Cherokee Nation to expand EV charging ports with help of federal grant

    The Cherokee Nation plans to use a nearly $11 million federal grant to expand its electric vehicle charging system across a dozen locations. The $10.7 million grant from the U.S. Department of Transportation will be used to install 112 publicly accessible EV charging ports, according to Cherokee Nation Principal Chief Chuck Hoskin Jr. …

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Eminent domain protesters gathered at South Dakota capitol

  As eminent domain falls under more and more scrutiny over the development of major transmission lines across the state of Oklahoma, the very same topic drew protesters this week at the South Dakota Capitol. A lawmaker there also filed a bill to ban the use of eminent domain for the development of carbon pipeline …

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Southwest Power Pool names new COO and executive V-P

  Southwest Power Pool (SPP) announced Jan. 14 that Antoine Lucas will become its executive vice president and chief operating officer (COO) effective April 1. Lucas joined SPP in 2007 and currently serves as vice president of markets. He will succeed current COO Lanny Nickell, who was selected to serve as SPP’s new president and CEO effective April …

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Supreme Court won’t block blue state climate lawsuits against oil and gas industry

    The U.S. Supreme won’t hear the appeals of major oil and gas producers challenging lawsuits from California and other blue states who want billions in damages over climate change. The justices turned down the appeals of firms such as Sunoco, Shell and others who are trying to block the lawsuits. Click here for …

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Energy briefs

** The Supreme Court dealt a major setback to the oil industry Monday, refusing to block lawsuits from California and other blue states that seek billions of dollars in damages for the effects of climate change. Without a comment or dissent, the justices turned down closely watched appeals from Sunoco, Shell and other energy producers. ** Landmark …

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Devon announces leadership changes

  Changes to the executive leadership team at Devon Energy were announced this week. The company promoted John Raines to the position of Senior Vice President, E&P Asset Management and Trey Lowe to the position of Senior Vice President and Chief Technology Officer. “Both John and Trey have consistently demonstrated exceptional leadership and a deep …

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New report shows Oklahoma’s oil and gas industry employment down in past few months

  The latest employment report from the Energy Workforce & Technology Council shows Oklahoma with nearly 50,000 workers in the oil and gas industry. It was the third highest state in the country for employment in the oil patch. Oklahoma’s total in the industry dropped by more than 200 workers since November, 2024. The Council …

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Legislator targets wind farms in filed bill

  When Rep. Molly Jenkins urged those attending a Stop the Green rally last week at the capitol to “fight, fight, fight,” she backed up her words with a bill to put more restrictions on wind farms in Oklahoma. She filed a measure called the Vital Industries Security Act of 2025,” a bill that restricts …

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