Apologies are necessary regarding the interview of Sen. James Lankford we provided Monday in one of our stories about the One Big Beautiful Bill. For those who still want to view it, the following is the full and complete interview. Click here
July 14, 2025 archive
Trump’s threats of sanctions on Russia oil sent crude prices down more than $1
Monday’s trading resulted in a more than a dollar-a-barrel drop for crude oil prices. New threats from President Trump for sanctions on countries buying Russian oil led to much of the decline as investors worry the sanctions will affect global supplies. He also announced new weapons for Ukraine while threatening the new sanctions unless …
PSO names new Economic Development Director
Public Service Company of Oklahoma (PSO), a unit of American Electric Power (Nasdaq: AEP), announced the promotion of Jeremy Ambrose to the role of Economic Development Director. With more than 15 years of experience in the energy, electric utility, and oil and gas industries, Ambrose brings a wealth of expertise in customer relations, …
Rep. Brecheen says green energy front is one of nation’s largest debt drivers
Oklahoma Congressman Josh Brecheen admits he was hesitant to recently vote in the House for the Senate-amended One Big Beautiful Bill because of the Senate changes regarding green energy projects from the Biden administration. But he said he remained committed to the principle of restoring fiscal sanity in Washington, D.C. “Specifically, the Senate …
2024 Fuel expenses of Fort Cobb Fuel Authority to be reviewed
The Oklahoma Corporation Commission has launched the effort to conduct a fuel adjustment clause of the Fort Cobb Fuel Authority. The Commission has been asked to hold a hearing to monitor and oversee the application and review the various charges or credits to determine whether they are based upon the actual prices paid …
CPA calls Corporation Commission out about so-called audit of winter storm costs from 2021
The issue of when is an “audit” an “audit” at the Oklahoma Corporation Commission is back. A year after then-Corporation Commissioner Bob Anthony raised the issue regarding the agency’s reported one-page audit of the bond security cases following the 2021 Winter Storm Uri costs, it has been raised in a current Oklahoma Natural Gas rate …
Empire Petroleum begins rights offering
Tulsa’s Empire Petroleum Corporation has launched its $5 million registered rights offering as it moves to raise money. In an SEC filing, the company said the offering includes $2.5 mililon to be received upon exercise of warrants. Under the terms of the rights offering, the Company will grant, at no charge, to each stockholder as of …
Where Oklahoma is losing some of its active oil and gas rigs
One of the largest and most active plays in Oklahoma, the Cana Woodford, experienced a loss of three active oil and gas rigs in the past week. It was part of the nation’s decline in rig activity for an 11th straight week. The latest Baker Hughes Rig Count showed the Cana dropped from …
Pennsylvania’s natural gas the focus of an AI summit in the state
Data centers and natural gas. We’ve emphasized their growth and the spreading demand across the U.S. for electricity, even in Oklahoma. The topics will be the subject Tuesday of a large “Energy and Innovation Summit” in Pennsylvania, the second-largest natural gas-producing state in the country after Texas. President Trump is expected to be …
Energy briefs
** The U.S. House Appropriations Committee releases proposed legislation that would slash funding for the Department of Energy’s office of Energy Efficiency and Renewable Energy by 46% and shift money toward nuclear, critical minerals, and fossil fuels. ** Texas industry associations and energy experts say Trump’s budget bill is “pulling the rug out” from under …
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