Crude oil prices rose Wednesday after the Fed cut interest rates another quarter of a point. But concerns remained about too much oil globally as the U.S. production was on track for a record. At the same time, crude oil inventories in the U.S. fell 1.8 million barrels during the week ending December 5, according …
https://www.facebook.com/reel/2738435226496397 Mixing Christmas with a utility rate request fight…it’s what Scott Mitchell and Jerry Bohnen discuss on their latest Mitchell talks energy podcast. Plus, there’s more talk of data centers, why there is opposition and what Oklahoma Gov. Kevin Stitt has to say about it.
The fight over the Oklahoma Corporation Commission’s recent approval of pre-approval costs for expanded Oklahoma Gas and Electric electricity projects will be revisited Thursday by the state regulators. The case, Preapproval of New Generation Capacity and Rider Cost Recovery (Case No. PUD2025-0000038) is one of the agenda items for a meeting and involves hundreds …
Sand Springs Data Center Project on hold The developer who wants to build a data center in Sand Springs has delayed efforts because residents raised concerns and voiced strong opposition. Known as Project Spring, the 827-acre data center proposed by White Rose Partners is temporarily on hold as Sand Springs city officials wait for more …
Trucking industry worries about lost drivers The recent effort such as seen in Oklahoma where ICE, state troopers and law officers took dozens of commercial truckers into custody because they were either illegal immigrants or could not speak English is drawing strong backlash from leaders in the nation’s trucking industry. The last such effort in …
EIA Forecasts Crude Oil Prices Will Slide in 2026 The U.S. Energy Information Administration is not optimistic about the price of crude oil in the coming year. It predicts the global benchmark Brent crude will drop to about $55 a barrel early in 2026. The disclosure came in the agency’s Short-Term Energy Outlook released this …
Vital Energy–Crescent Merger Faces Legal Challenge in New York The more than $3 billion all-stock merger announced in August between Tulsa-based Vital Energy and Houston shale producer Crescent Energy now faces a legal challenge in New York that could threaten the deal’s timeline. Vital Energy was set to be taken over by Crescent Energy in …
The Trump Administration dramatically escalated its standoff with Venezuela on Wednesday by seizing a large tanker loaded with crude oil bound for Cuba. The exact details of the seizure, first reported by Bloomberg, are unclear and administration officials could not be reached for comment. The tanker seizure also targets longtime Cuba — a close Venezuelan ally …
