March 11, 2025 archive

Crude oil prices made slight gains in Tuesday’s trading

      Helped by a weaker dollar, oil prices gained in Tuesday’s trading. But they were also slowed by growing worries over a U.S. economic slowdown and the impacts of President Trump’s tariffs. Brent crude finished up 64 cents or 0.92% at $69.92 a barrel after slipping to as low as $68.63 earlier in …

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Bill restricting eminent domain wins state Senate approval

  The Oklahoma Senate has advanced a key measure by Senator Todd Gollihare, R-Kellyville, reinforcing property owners’ rights. Senate Bill 352 ensures that high-voltage electric transmission projects undergo regulatory review before exercising eminent domain. The bill requires companies to obtain a certificate of authority from the Oklahoma Corporation Commission before proceeding with projects rated 300 kilovolts …

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Wind farm operator had to come up with $10 million to obtain stay on ordered destruction in Osage County

    Before a judge recently granted a stay of her order for Osage Wind LLC and Enel Green Power to remove 84 wind turbines in Osage County, she required a bond of $5 million. However, the final amount ordered by U.S. District Judge Jennifer Choe-Groves totaled $10,036,500, according to documents on file with the …

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State firefighters on alert to increased wildfire dangers

  Wildfire dangers increased to the point that the Oklahoma Forestry Services located two Suppresson Groups in Guthrie and Woodward on Tuesday. The agency explained elevated fire weather was in place with warm and dry conditions adding, “Fire danger will increase each day this week ahead of the much discussed, potent storm system on Friday …

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Oil and gas industry paid highest wages in 2024

  A new report shows the oil and gas industry paid the highest U.S. wages in 2024 with an annual average of more than $227,000. The State of Energy report by the Texas Independent Producers & Royalty Owners Association showed it was an increase of $4.389 from 2023. The Crude Petroleum Extraction division was $222,691 …

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Oil and gas industry to feel closing of Osage Indian Affairs Office

  The oil and gas industry in Oklahoma’s Osage County could feel the impact of DOGE as the Trump agency proposes closing the Bureau of Indian Affairs Office in Pawhuska. A report by KTUL TV news in Tulsa indicated the termination of the office by the Department of Government Efficiency could “create a hurdle for …

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Corporation Commission to review approved OGE rate hike

  Nearly four months after Oklahoma Corporation Commissioners gave approval for an interim order granting a nearly $127 million rate hike to Oklahoma Gas and Electric, they will revisit the issue during a Wednesday meeting. Formally known as Case No. PUD2023-000087, the matter involves the November 2024 decision by commissioners approving the $126.66 million rate …

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Oil and gas industry added jobs in February

After a loss of nearly 1,700 jobs in Oklahoma’s oil and gas industry over the past few months, a new jobs report from the Energy Workforce & Technology Council shows a gain of nearly 1,200 jobs for February 2025. Oklahoma moved from 47,950 oil patch jobs in January to 48,684 for February, a gain of …

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Drummond calls wind farm a “green energy scam”

  Oklahoma Attorney General Gentner Drummond has joined opponents of a proposed wind farm in Lincoln County saying it’s part of what he called a “green energy scam.” Writing on X, Drummond urged legislators and the governor to address wind farm regulations. “It’s past time for our state to take action against these controversial wind …

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Energy briefs

** President Donald Trump said Tuesday that he will double his planned tariffs on steel and aluminum from 25% to 50% for Canada, escalating a trade war with the United States’ northern neighbor. ** According to Electrek, Tesla and Honda are set to start buying power from a massive new solar energy farm in Texas that is expected to produce …

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