President Trump’s weekend threat to increase sanctions on Russian oil because he’s “pissed off” at Russian leader Putin over the war in Ukraine led to a 2% oil price jump on Monday. Prices hit a five-week high after the President made the comments in a Sunday interview and said he would impose up to …
March 2025 archive
Tax deferment issue leaves state regulators with more questions
Oklahoma Corporation Commissioners were left with a lot of questions about tax deferment and the impact on consumers when they held a special meeting Monday regarding a Public Service Company rate case. At the heart of the hearing was the question whether PSO could transfer tax benefits from consumers to stockholders. Thomas Schroedter, President …
New York Governor under more pressure from gas line opponents
Here’s why Williams Cos. CEO Alan Armstrong recently expressed reluctance to revive efforts at the urging of President Trump to build a natural gas pipeline into New York State where Williams had previously been rejected. Activists in the lower Hudson Valley are applying more pressure on New York Gov. Kathy Hochul to stand up …
U.S. natural gas consumption set new winter and summer monthly records in 2024
The federal government reported this week that U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day in 2024 and as a result set winter and summer monthly records in January and July. The U.S. Energy Information administration made the claim in its Natural Gas Monthly. Overall, U.S. consumption last year increased …
Energy briefs
** President Trump is threatening more tariffs on Russian oil.“If Russia and I are unable to make a deal on stopping the bloodshed in Ukraine, and if I think it was Russia’s fault — which it might not be — but if I think it was Russia’s fault, I am going to put secondary tariffs …
Data center growth spreads across the Midwest
The spread and growth of new data centers across the country, including in Oklahoma, not only was recently highlighted by Williams Cos. CEO Alan Armstrong in his argument a natural gas ban has harmed New England states, but it has also caught the attention of other news media. It caught the attention of the …
Oil and gas industry skeptical about Trump’s Drill baby Drill push
If comments from oil and gas operators surveyed by the Dallas Federal Bank in its recent report are any indication, the industry isn’t welcoming President Trump’s “Drill, baby, drill” efforts with open arms. That, or else the industry is skeptical at best. Consider these comments from some of those who responded to the recent …
Trump deportation judge also rules against Indian tribe in fight against Dakota Access pipeline
The same federal judge who ruled against President Trump’s deportation plans and is facing calls for his impeachment has ruled against the Standing Rock Sioux Tribe’s lawsuit against the Army Corps of Engineers in the fight to close the Dakota Access Pipeline. U.S. District Judge James Boasberg ruled the tribe has to wait until …
State Forester says he was “falsely” accused as basis for his firing by Governor
A week after being fired as Oklahoma state forester following disastrous and deadly wildfires that consumed hundreds of homes and darkened tens of thousands of acres of land, Mark Goeller is responding. “I have been falsely accused of not performing the duties necessary to protect life and property in a timely manner,” he declared …
Western Oklahoma sees increased drilling activity
Three of the nation’s oil and gas plays saw gains in drilling activity in the past week and one was in Oklahoma. The plays included the Granite Wash in western Oklahoma and the Texas Panhandle where the latest Baker Hughes rig count showed a gain of one for a total of 10 active rigs. …