Governor Kevin Stitt is highlighting new data pointing to continued economic growth across the state, citing increased tax revenues, a strong labor market, and a high credit rating as signs that his administration’s fiscal policies are working. “This is what happens when you keep your fiscal house in order,” Stitt said. “Because we’ve cut taxes, …
July 2025 archive
Ovintiv Inc. urges regulators to keep natural gas proration rate the same
Denver-based Ovintiv, Inc. is urging the Oklahoma Corporation Commission to continue with its current statewide natural gas well proration rate of 75% as established in 2024. In a letter to Jeremy Hodges, Director of the Commission’s Oil & Gas Conservation Division, Ovintiv’s Vice President and GM of U.S. operations, Aaron Johnson any lowering …
Energy briefs
** Google agrees to pay more than $3 billion over 20 years to buy energy from two Pennsylvania hydroelectric plants, to help power its data center operations. ** A coal-fired power plant in Pennsylvania that closed in 2021 will get a $3.2 billion overhaul to reopen as a natural gas plant providing power to a …
Scott Mitchell talks Energy with Jerry Bohnen—a tsunami of energy demand
Scott Mitchell talks energy with Jerry Bohnen and in the latest podcast, they focus on the tsunami of energy demand—how it’s affecting Oklahoma and the rest of the nation.
Oil prices fell again on Monday and OK energy stocks tumbled
Monday’s trading produced a fall in crude oil prices as Russia boasted it could easily withstand the latest sanctions from the U.S. on its oil. Losses were reined in because of a potential fall in diesel supplies but the day brought losses for most Oklahoma energy stocks. The sanctions on Russia, the 18th …
Power grid backs off heat advisory for Oklahoma and nearby states
The hot weather this week in Oklahoma and the rest of the Midwest states isn’t as hot as originally forecasted, so the Southwest Power Pool reversed a “Weather Advisory.” The power grid explained that, “Due to improved system conditions, the SPP Balancing Authority (BA) is cancelling the Resource Advisory originally issued for Mon., July 21, 2025, …
Dallas environmentalists target two shingle factories for shutdown
Environmentalists in Dallas call them “The Toxic Twins.” And they’re launching a campaign to have the city shut them down, contending the two firms are polluting Dallas neighborhoods. The environmentalists are targeting two shingle factories, GAF in West Dallas and TAMKO in Joppa. TAMKO has several distribution centers throughout Oklahoma. Environmentalists stood outside …
More broadband to come on line in southeast Oklahoma
The Oklahoma Broadband Office will officially launch four broadband expansion projects with internet service provider Pine Telephone Company to improve access to high-speed internet service in Choctaw, Latimer, Le Flore, and McCurtain counites. In announcing the launching, the Broadband Office said the projects will significantly enhance digital access to provide economic opportunities for residents and …
Global Gas Flaring Hits Highest Level Since 2007
Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and setting back efforts to manage emissions and boost energy security and access. Flaring, the practice of burning natural gas during oil extraction, reached 151 billion cubic meters (bcm) in 2024, up 3 bcm from …
Oklahoma’s oil and gas rig count remained solid in the past week
As the U.S. saw a jump of 7 rigs to its total in the oil and gas industry, Oklahoma held steady with no declines in its plays. Baker Hughes reported Oklahoma’s count remained at 42, unchanged from the previous week and stronger than the 33 rig count reported one year ago. The Cana …