Tariff moves by the White House left crude oil prices steady on Wednesday. Investors weren’t sure how to react to the President’s new tariff deal with Japan and continuing tariff talks with European Union leaders. Global benchmark Brent crude finished down 8 cents or 0.12% at $68.51 a barrel. US standard, West Texas …
July 23, 2025 archive
Latest ONG rate hike formally approved by Oklahoma regulators
Oklahoma Corporation Commissioners gave approval Wednesday to a slight increase in rates for customers of Oklahoma Natural Gas company. The rate hike, totaling $41,078,183 will have an impact of $1.69 more a month on residential customers while low income customers will see a 57 cent increase per month. The commission vote was 3-0. …
While Cushing Hub added crude stocks, the nation’s total fell in the past week
The nation’s crude oil supplies fell by more than 3 million barrels in the past week, according to the U.S. Energy Information Administration. At the same time, the Cushing Hub saw a gain in crude oil stocks. The U.S. stocks declined 3.2 million barrels, falling from 422.2 million barrels the week of July …
Meta inks deal to get power from Enbridge solar farm in Texas
Reuters reported this week Meta Platforms signed a long-term contract to buy 100% of the power from a new Enbridge solar project in Texas. Enbridge is constructing a $900 million 600 megawatt solar farm near San Antonio, calling it the Clear Fork Project. The Canadian-based firm said it was moving ahead with the …
EPA to oppose Colorado’s plan to close coal-fired power plants
Colorado has run into opposition over its plan to close all six of its remaining coal-fired power plants by 2031. The Environmental Protection Agency says “not so fast!” It contends the proposed move would threaten grid reliability and also be in violation of federal law. The EPA made known its stand on the …
Oil and gas groups urge US House for swift action on permitting reforms
Eight oil and natural gas trade groups called on the U.S. House of Representatives this week to “take swift action on permitting reform,” otherwise, delays will only threaten the nation’s economic growth. In a letter to Chairman Bruce Westerman ahead of an oversight hearing in the House Natural Resources Committee, the coalition underscored the need to streamline …
Electricity production declined in April in many countries around the world
When it comes to worldwide electricity generation, there was a nearly 8% decline in April compared to April 2024, reported the International Energy Agency, an energy forum comprised of 29 industrialized countries under the Organization for Economic Development and Cooperation (OECD). In April 2025, total net electricity generation in the OECD reached 833.8 …
Nation’s data center growth spurs questions about ethics responsibilities
So many data centers are being built or proposed around the nation, including in Oklahoma that it raises questions about the ability of utilities to meet the demand for electrical power and for water. The growth also raises questions of responsibility when it comes to the environment. The U.S. Department of Energy contends the …
Entergy to build new Arkansas gas plant
Entergy Arkansas has unveiled plans for a new 754-megawatt natural gas-fired power plant in south central Arkansas, replacing a coal-fired plant that will stop burning coal in 2028. The proposed Jefferson Power Station will replace the White Bluff power plant, known for having one of the tallest chimneys in the world at 1,001 …
Energy briefs
** Fervo Energy, a startup that specializes in geothermal energy, has started using the same horizontal drilling strategy that revolutionized oil drilling decades ago. The technique not only drills sideways, but it also drills deeper to access a different reserve of heat energy that was previously unavailable. ** General Motors calls EVs its “north star” …
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