When Iran ended its cooperation with the U.N. nuclear watchdog, crude oil investors responded with increased trading, no doubt because of concerns that Middle East oil production might be interrupted. As a result, crude oil prices rose 3% on Wednesday. One positive note was the trade deal reached between the U.S. and Vietnam. Prices …
July 2, 2025 archive
Waiting and watching—LSB’s Mark Behrman
One Oklahoma City energy executive paying close attention to the One Big Beautiful Bill is Mark Behrman, President and CEO at LSB Industries Inc. He will be focused on the energy tax credits that could be affected. LSB Industries is one company that is taking advantage of some of those credits and Berhman …
Stored crude oil increased in total across the US but declined at Oklahoma’s Cushing Hub
The amount of crude oil in storage across the U.S. inceased by nearly 4 million barrels at the end of June, according to the latest crude report from the U.S. Energy Information Administration. Oklahoma saw a decline in its oil held in storage at the Cushing Hub. The U.S. total went from 415.1 …
Missouri Attorney General launches probe of Grant Belt Express transmission project
Four months after he asked Elon Musk and his then-DOGE program to investigate the nearly $5 billion in federal loan guarantees to the wind energy transmission-line project, Grain Belt Express, Missouri Attorney General Andrew Bailey has started his own probe of the project. He contends the developer fraudulently inflated the number of …
SPP grid expands into more western states
The Southwest Power Pool plan to expand into western states is getting more and more members. A SPP announcement made this week indicating its Markets+ program was in a second phase of development, also revealed eight entities spanning the Desert Southwest, Pacific Northwest and Mountain West regions of the Western Interconnection have signed these agreements, demonstrating …
Connecticut Governor wants net-zero emissions and natural gas for his state
Even though Connecticut Gov. Ned Lamont signed legislation into law this week putting the state on a path to net-zero carbon emissions by 2050, he is also taking a serious look at expanding natural gas pipelines into his state. Minutes after he signed the net-zero carbon emissions pledge on Tuesday, Gov. Lamont repeated …
Other firms join Williams in seeking approval for more gas pipelines into the Northeast
Tulsa’s Williams company is not the only natural gas pipeline company wanting to resume efforts to build a natural gas supply into the country’s Northeast in light of President Trump’s encouragement by rolling back regulations. Among others expressing plans to expand or build p;ipelines in the Northeast are Boardwalk Pipeline, DT Midstream and EQT. …
Oklahoma’s no-renewable energy legislative fights set the stage for the One Big Beautiful bill debate
While the renewable energy industry managed to avoid some major hits in the Oklahoma legislative session, one renewable energy official says it won’t end in the 2026 legislature or following sessions. Kylah McNabb, an independent consultant who leads the Oklahoma Renewable Energy Council said the political environment means the industry can expect anti-wind and …
Oklahoma’s Severe Storms Lab still at risk in government budget-cuts
Just like the thunderstorms that popped up almost daily in Oklahoma over the past month, there’s a new concern that the federal government will cut budgeting for the Severe Storms Laboratory at the University of Oklahoma. Supporters fear it could mean the elimination of the office where scientists study tornadoes in an effort to …
North Texas environmental group sues Trump’s EPA
An environmental justice group in North Texas has sued the Trump administration’s EPA after a grant program was cancelled. Downwinders at Risk, described as a nonprofit focused on air quality and environmental justice filed suit after its air monitoring program was among victims of a recent elimination of a grant program at the Environmental …
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