While Oklahoma adopted a “behind the meter” approach to deal with the rapid growth of industrial projects such as data centers, Texas took a different approach. Gov. Greg Abbott recently signed a law in which state regulators will develop what are called demand management programs, a move to cut data center power …
June 2025 archive
Meta’s need for more electricity results in big contract with solar farms in Texas
After signing an agreement earlier this year to get electrical power from the Rockhaven wind farm in southern Oklahoma, Meta is expanding its power search. This time, it’s in Texas where the giant tech company signed what are called Environmental Attributes Purchase Agreements with Adapture Renewables for 360 MW of power from two solar projects. …
Treasurer featured in Wall Street Journal over shift of political activism
The same week we reported on the status of a lawsuit before the Oklahoma Supreme Court regarding the state’s Energy Discrimination Elimination Act, Treasurer Todd Russ was featured by the Wall Street Journal for his role in changing ESG practices of banks and investment firms. The WSJ article focused on how major U.S. banks are …
Space Industry Development board to meet this week
Members of the Oklahoma Space Industry Development Authority will meet Friday to discuss more about the state’s efforts to develop the industry. The meeting will be at 1:30 p.m. in the Commission Room of the Oklahoma Department of Transportation headquarters, 200 NE 21 Street. Below is the agenda. AGENDA ITEMS TO BE PRESENTED …
Sweating your monthly electric bill? You’re not alone
We’ve reported time and time again how rising electric rates aren’t just faced by Oklahomans, but millions of Americans. Just as Oklahoma consumers have complained about rate hike requests constantly being made by Oklahoma Gas and Electric, Public Service Company of Oklahoma and other utilities, so too are ratepayers of utilities in other …
Energy briefs
** Constellation Energy plans to restart Unit 1 of the former Three Mile Island nuclear power plant as the Crane Clean Energy Center. In a $16 billion deal between owner Constellation Energy and Microsoft to power the tech giant’s AI data centers, Three Mile Island is set to return to service as the Crane Clean …
Large draw on crude supplies sent prices higher on Wednesday
Crude oil prices made slight gains on Wednesday but it wasn’t due to any cautious stances over the Iran-Israel ceasefire and the fighting that has gone on in the Middle East in the past week. It was the larger-than-expected draw in U.S. crude stocks, a sign of firm demand and the summer driving …
Cheniere to expand LNG exports in $3 billion project
Cheniere Energy announced a nearly $3 billion expansion project to increase its handling and exporting of liquefied natural gas, creating the LNG out of the natural gas it receives from Oklahoma and various other sources. The Texas company said the $2.9 billion expansion will increase production by 3 million metric tons a year. Some …
Crude oil in storage drops again at Cushing Hub and across the U.S.
Both the U.S. and the Cushing Hub in Oklahoma continued with declines in crude oil storage totals. The Cushing Hub fell 500,000 barrels as of the last reporting period that ended June 20 when its total dropped to 22.2 million barrels. It previously had been 22.7 million barrels as of June 13 and …
Retiree’s death doesn’t stop legal challenge of Oklahoma’s anti-ESG law
The former Oklahoma state employee who challenged Oklahoma’s Energy Discrimination Elimination Act in a 2023 lawsuit and won a judge’s ruling which resulted in an Attorney General’s appeal still in the hands of the state supreme court died recently. But the death won’t delay the Supreme Court’s consideration of an appeal by the Attorney …