The two men picked to head the Interior Department and the Energy Department received support Thursday from committees in the U.S. Senate. The full senate is where the nominations of former North Dakota governor Doug Burgum to head the Interior Department and Denver oilfield services leader Chris Wright to run the Energy Department will head …
January 2025 archive
Judge makes 2nd ruling against natural gas providers sued over 2021 winter storm
Two natural gas suppliers fighting lawsuits and investigations of price manipulation allegations stemming from the 2021 Winter Storm Uri in Kansas lost a second federal judge’s decision this week. Kansas City federal Judge Angel D. Mitchell ruled against the firms who are fighting a consolidated lawsuit by ratepayers to produce the same documents the …
From wind farm lights to nuclear energy, legislative bills target utilities
There’s no shortage of bills filed in the approaching Oklahoma legislative session when it comes to utilities. Some focus on natural gas supplies, wind farms, alert systems, a nuclear energy study and CO2 sequestration facilities. Norman State Sen. Lisa Standridge filed SB1001 which would create restrictions on a public utility’s advertising expenses. “If a public …
Treasurer Russ says federal judge’s ESG ruling shows an Oklahoma County judge was wrong
While Oklahoma’s anti-ESG law is on hold because of a district judge’s ruling, State Treasurer Todd Russ says a recent federal judge’s ruling in Texas against ESG policies of American Airlines and BlackRock shows he was right to enforce the Oklahoma law. It was last year when Russ was ordered to suspend his enforcement of …
President Biden’s climate standards for walk-in freezers could face reckoning under new GOP resolution by Congresswoman Bice
Congressional Republicans, including Oklahoma Congresswoman Stephanie Bice, are pushing back against President Biden’s regulations on appliances with a resolution that seeks to circumvent new green energy standards for freezers. In December 2024, Biden’s Department of Energy (DOE) announced a final rule setting more stringent climate standards for walk-in coolers and freezers. The new regulation …
Four percent dividend increase for ONEOK shareholders
The board of directors of ONEOK, Inc. increased its quarterly dividend to $1.03 per share, an increase of 4%. This increase results in an annualized dividend of $4.12 per share. The dividend is payable Feb. 14, 2025, to shareholders of record at the close of business Feb. 3, 2025. To date, ONEOK has repurchased …
EnLink shareholders urged to support ONEOK’s $4.3 billion acquisition
More than two months after ONEOK announced a $4.3 billion merger agreement with EnLink Midstream, EnLink shareholders are being urged and advised to vote in favor of the pending acquisition. Under the deal announced in November 2024, each outstanding common unit of EnLink that ONEOK does not already own will be converted into 0.1412 …
Statewide water meetings planned in March
The Oklahoma Water Resources Board plans a series of statewide meetings in March to discuss recommendations in its 2025 update to the Oklahoma Comprehensive Water Plan. The Round 5 of Regional Meetings will begin in Lawton and include other meetings in Woodward, Tulsa, Talihina and Oklahoma City. March 4, 1:00 – 4:00 p.m. …
EIA expects higher wholesale U.S. natural gas prices as demand increases
The U.S. government is predicting we can expect higher natural gas prices in 2025, all because of growing demand. The prediction is from the U.S. Energy Information Administration: We expect increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows faster than supply, driven mainly by more …
Growing opposition to wind farms in Oklahoma and other wind farm states
President Trump’s executive order signed this week halting offshore wind energy lease sales in federal waters also calls for an environmental review of onshore wind farms. It also pauses approvals and permits and loans for onshore wind projects. As the President pledged to target wind farms, the fight against the wind farms is …