A day after making gains, crude oil prices fell more than $2 a barrel on Wednesday, thanks largely to an OPEC report indicating global oil supply will match demand in 2026. Reuters reported the Organization of the Petroleum Exporting Countries noted that world oil supply would match demand next year due to the wider …
November 2025 archive
Legislator argues “coverups must end” at the Corporation Commission
In making his latest challenge to an Oklahoma Corporation Commission decision granting a rate hike for Public Service Company of Oklahoma, Rep. Tom Gann says if the Supreme Court rules in his favor, it would mean the rate hike increase order was void along with others. He called the circumstances in the case …
August-like weather in November
Record high temperatures this weekend in the state? You bet! Just ask Gary McManus, state Climatologist with the Oklahoma Mesonet. “Both days, Friday and Saturday, could see record highs in places,” he wrote on Thursday. Just like the state had in August. In case you’re wondering, the record high maximum temperature for Thursday was 86 …
Treasurer announces agreement with Boeing Company
Treasurer Todd Russ Leads Successful Shareholder Engagement Oklahoma State Treasurer Todd Russ announced a successful outcome in the state’s shareholder engagement with The Boeing Company. The agreement marks a major win for fiduciary responsibility and collaborative corporate governance on behalf of Oklahoma’s investments. The Treasurer’s Office, acting through the Tobacco Settlement Endowment Trust (TSET), considered …
PSO Foundation Donates $125K to Fight Oklahoma Hunger
PSO Foundation Expands Statewide Food Security Efforts The Public Service Company of Oklahoma (PSO) Foundation announced a combined $125,000 donation to two nonprofit organizations addressing food insecurity and supporting vulnerable families across Oklahoma. The grants include $50,000 to Food On The Move and $75,000 to The Salvation Army, reinforcing PSO’s commitment to community well-being and …
Consumer Groups Challenge OGE’s CWIP Rate Request
OIEC and AARP Renew Opposition to OG&E Request Two consumer groups fighting Oklahoma Gas and Electric (OG&E) over its plan to use a controversial new law to make ratepayers fund energy expansion projects while under construction have renewed their arguments that the request should be denied. In a filing with the Oklahoma Corporation Commission (OCC), …
Oil, gas and OK energy stocks made gains on Tuesday
Crude oil, natural gas and Oklahoma energy stocks recorded gains in Tuesday’s trading, the result in part because of optimism about the potential end to a U.S. government shutdown along with the impact of the latest U.S. sanctions on Russian oil. Russia’s Lukoil declared force majeure at an Iraqi oilfield it operates, sources told …
Energy briefs
** FirstEnergy wants to add $108 million to the rates paid by customers of its Ohio utilities so the company can avoid taking a loss for a corporate accounting foul-up flagged repeatedly in audits by state and federal utility regulators. A 2022 audit by the Federal Energy Regulatory Commission found that FirstEnergy’s subsidiaries may have mischarged customers for corporate …
Most of the world’s natural gas comes from the U.S.
Data source: U.S. Energy Information Administration, International Energy Outlook and Short-Term Energy Outlook The United States produced 104 billion cubic feet per day (Bcf/d) of natural gas, 75% more than the world’s second-largest natural gas producer, Russia, in 2023, the most recent year for which we have comprehensive worldwide data on natural gas production. The United States has …
New York enviros cry “betrayed” over Williams pipeline
New York Governor Kathy Hochul’s decision last week to finally approve the Williams Cos.’s natural gas pipeline into New York City left a bitter taste for environmental advocates who opposed the Tulsa company’s request. Some felt “betrayed,” as stated by Alex Beauchamp, the northeast region director at Food and Water Watch. “By granting the …