Republicans in the U.S. House have filed a bill to fund the refilling of the Strategic Petroleum Reserve which was drastically lowered in the Biden administration. The bill is named the Budget Reconciliation Bill and includes the funding to start the refilling of the SPR which was one of the key promises made by …
Crude prices recorded gains on Monday after the U.S. and China trade talks gave strong suggestions of progress. Oklahoma energy stocks followed suit with several firms making 5% and 6% gains for the day. Investors feel optimistic that the world’s two largest crude users might be close to a resolution in their trade …
While Oklahoma utilities and some legislators wait to see if the governor will sign their measure into law allowing utilities to pass costs along to ratepayers while construction projects are in progress, the governor has a long list of measures already vetoed. Oklahoma Gov. Kevin Stitt has shown he can be not only blunt …
Oklahoma Corporation Commissioners await word from Gov. Kevin Stitt whether he will go ahead and let a controversial energy bill become law or veto the measure some contend will lead to higher electrical rates while opponents argue otherwise. Commissioners are hoping he vetoes SB998, the measure that includes a CWIP or “construction while in …
Four projects totaling over $4.5 million for high-speed internet expansion in two counties were officially launched Friday morning in Vera by the Oklahoma Broadband Office (OBO) and internet service provider Totah Communications. The projects, funded through $2.5 million in federal grants administered by the OBO coupled with $2 million in matching contributions from Totah, …
In a meeting scheduled for Thursday at the state capitol, the Oklahoma Senate Energy Committee will consider votes to confirm appointments to several energy commissions. The following executive nominations are to be considered for approval: Shannon L. Ferrell, Orlando, to the Environmental Quality Board, to serve a five-year term ending January 31, 2030, succeeding …
As you consider your average electric bill in Oklahoma, it’s still considered to be among some of the lowest in the U.S. according to a survey and study by the U.S. Energy Information Administration. Not the lowest in the country. “Among” some of the lowest. The lowest title belongs to electric customers in Utah …
NGL Energy Partners LP plans to release its fiscal year ended March 31 earnings press release at the end of the month. The information will be made available after the close of market on Thursday, May 29. The company’s managment team will hold an earnings call at 4 p.m. on the same day. NGL …
According to a report in the Houston Chronicle, Republicans in the Texas legislature are close to killing the state’s renewable energy boom. “Not only could their legislation halt new development in its tracks, but also they could send scores of existing projects to an early grave,” reported Claire Hao, Energy Reporter for the …
Only two oil plays in the U.S. saw increased drilling activity in the past week and both were in Oklahoma. The latest Baker Hughes rig count, closely followed across the country, showed gains in rig counts in the Cana Woodford and the Granite Wash. Both are in the western part of Oklahoma. The …
