Oil Prices Hit Seven-Week Highs as Iran Unrest Fuels Market Crude Advances as Geopolitical Risks Rise Crude oil prices climbed to seven-week highs on Monday, supported by growing geopolitical concerns tied to Iran’s oil exports and broader unrest in the Middle East. Natural gas prices also surged, posting a nearly 7% gain in the session. …
January 12, 2026 archive
Cimarron Link line slowdown in Oklahoma confirmed by Invenergy
Invenergy has apparently put the brakes on the massive 375-mile Cimarron Link transmission line to stretch across northern Oklahoma, citing market conditions. Or the firm is reconsidering how it approaches acquiring land for the massive transmission project. Responding to an inquiry by OK Energy Today, the Chicago-based energy company’s spokesman explained, “As Cimarron Link …
Virginia—-Data Center capitol of the U.S.—Oklahoma’s trailing far behind
While Oklahoma confronts efforts to expand the construction of data centers, Virginia remains the king of data centers nationwide—-an astounding more than 600 in operation while the state prepares to house nearly 1,100. The state is clearly leading the country when it comes to data centers — both the number already operational and the tally …
200 wind turbines being demolished in Texas
Texas Wind Farm Uses Explosives to Replace Aging Turbines Hundreds of aging wind turbines are coming down across West Texas — not because of opposition to renewable energy, but as part of a major Texas wind farm turbine replacement project aimed at modernizing generation capacity near Abilene. Wind energy company AES has begun decommissioning more …
Harold Hamm Not Alone in Doubts Over Venezuela Investment
U.S. Oil Leaders Express Reluctance on Venezuela Investment Despite President Donald Trump’s push to involve American energy companies in Venezuela following the U.S. capture of the country’s president, Oklahoma oil executives and major U.S. producers signaled deep skepticism about returning to the South American nation. Oklahoma City oilman Harold Hamm, founder of Continental Resources, stopped …
Anadarko Basin drilling unphased by lower oil prices
While Oklahoma’s Anadarko Basin might not have great oil and gas rig numbers compared to other shale play areas of the US, such as the Permian Basin, its drilling activity remains firm and unchanged. The latest Baker Hughes Rig Count showed Oklahoma’s total rig count unchanged at 43 and the Cana Woodford and the …
AEP Seeks Approval for Stephens County Vision Substation
Transmission expansion supports Beaver Creek Solar development As AEP Oklahoma advances construction of a $260 million transmission project across southern Oklahoma, the utility has asked state regulators for approval to build a new electrical substation in Stephens County to support a major solar development. AEP recently filed an application with the Oklahoma Corporation Commission (OCC) …
Boles Files Bill Protects Ratepayers From Data Center Costs
Marlow State Rep. Brad Boles says he is moving to protect Oklahoma utility customers from paying higher power bills tied to the explosive growth of data centers across the state. Boles, a Republican who is also running for the Oklahoma Corporation Commission, announced he has filed legislation designed to stop utilities from passing the electricity …
Oklahoma Reps. supported agency funding for EPA and others
The U.S. House voted overwhelmingly in support of funding three agencies including Energy and Water Development, Interior and Environment and Commerce, Justice and Science and Oklahoma’s Representatives were in the majority. Oklahoma’s entire delegation, Reps. Stephanie Bice, Josh Brecheen, Tom Cole, Kevin Hern and Frank Lucas were among the 419 Representatives who voted for the …
Energy Briefs: U.S. + World Policy, Oil and Renewables
U.S. Politics and Policy ** President Trump said he may block Exxon Mobil from investing in Venezuela after Exxon CEO Darren Woods called the country “uninvestable” during a Friday meeting at the White House. ** The U.S. Supreme Court will hear arguments connected to more than 40 Louisiana lawsuits seeking to hold energy companies responsible …
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