Following strong 4% gains on Wednesday, crude oil prices fell in Thursday’s trading in response to continued worries that Israel might launch an attack on Iran, a possibility that prompted the US to move personnel out of the Middle East. The Wednesday surge also produced overbought territory on some technical indicators and experts believe …
June 12, 2025 archive
High tech plans geothermal power site in New Mexico
A big geothermal site in northwestern New Mexico is going to be the work of XGS Energy and Meta Platforms Inc. The two companies intend to develop New Mexico’s geothermal industry as tech companies search for new energy sources for data centers they are proposing around the country. “This is an area where geothermal …
Oklahoma is now DROUGHT FREE
For the first time in six years, there is no drought in Oklahoma. Let me repeat that with bold letters if necessary, “THERE IS NO DROUGHT IN OKLAHOMA.” Don’t take my word for it. Check out the drought monitor courtesy of Oklahoma Climatologist Gary McManus with the Oklahoma Mesonet. “So as you can see …
NextEra says its solar farm in Wagoner County would be a “good” neighbor
NextEra Energy Resources is disputing some of the claims made by opponents against the firm’s proposed 4,900-acre Persica Solar farm near Porter in Oklahoma’s Wagoner County. The group called Concerned Citizens of Wagoner County issued a more than 30-page report it described as a “detailed rebuttal” to claims made by NextEra Energy about …
Iowa Governor vetoes bill targeting eminent domain for carbon capture pipeline
Opponents of the use of eminent domain for construction of a carbon capture pipeline across Iowa were handed a setback this week when Iowa Gov. Kim Reynolds vetoed a controversial bill that would have made it hard to use the process. House File 639 would have adopted such things as increased insurance requirements for …
Sen. Mullin joined Trump at White House to eliminate California EV mandates
Oklahoma U.S. Sen. Markwayne Mullin is not only a big national supporter of President Trump but joined him Thursday morning at the White House when Trump signed into law a Mullin resolution permanently eliminating California’s radical electric vehicle mandates. “Today we put a stop to California’s costly and extreme Green New Deal agenda that …
Settlement reached in ONG’s request to increase rates
In all likelihood, customers of Oklahoma Natural Gas will begin paying for the latest rate increase and it could take effect yet this month or early July, should Corporation Commissioners sign off on a settlement of issues in the case reached this week. According to testimony offered Thursday during a hearing held by regulators …
State reaches deal for suborbital flight testing at spaceport
The Oklahoma Space Industry Development Authority formally announced Thursday an agreement of a partnership with the European-based Dawn Aerospace to bring the company’s revolutionary Aurora spaceplane to the Oklahoma Air and Space Port at Burns Flat. The OSIDA stated the deal will make Oklahoma a premier U.S. launch site for microgravity research and suborbital spaceflight …
Scott Mitchell talks energy with Jerry Bohnen—a focus on opposition arising to energy projects
Scott Mitchell talks energy with Jerry Bohnen and in today’s podcast, it’s a discussion of friction created by restricted supply and increased demand for energy everywhere. What’s the impact on Oklahoma? It’s the thread running through our conversation in this episode.
Energy briefs
** General Motors’ $4 billion plan to move vehicle production from Mexico to the U.S. includes making gasoline-powered vehicles at a Michigan plant that was previously retooled to produce electric vehicles. ** The U.S. Justice Department finds the 1906 Antiquities Act authorizes the president to alter or eliminate national monuments designated under the law, opening …
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