** The President’s move to revoke the scientific basis for the federal regulation of greenhouse gas emissions in America is expected to go to the courts. The finding itself has its roots in the legal system. Back in 2007, the Supreme Court ruled that the EPA had the authority to regulate greenhouse gases under the …
February 2026 archive
Appropriations and Budget Natural Resources Subcommittee
The Oklahoma House Appropriations and Budget Natural Resources subcommittee members will meet Monday morning to consider several measures. When: Monday, February 16, 2026 10:30 AM Where: Room 5S2 Agenda: 1. Welcome and Introductions 2. HB2988 – Environment and natural resources; Oklahoma Harmful Woody Species Removal Tax Credit Act; income tax credit; Oklahoma Conservation Commission; effective date. – …
Tensions ease in Middle East sending crude oil prices down
Tensions and less demand sent prices downward Crude oil and Oklahoma energy stocks suffered losses on Thursday. Oil retreated due to falling demand and the easing of concerns about a renewed Middle East conflict between the US and Iran. Reuters reported global oil demand will rise more slowly than previously expected this year, the International …
Trump EPA revokes climate change rule
Longstanding EPA Climate Change rule revoked by President Trump EPA Administrator Lee Zeldin called it “the Holy Grail of federal regulatory overreach,” a scientific finding used in the action to regulate greenhouse gas emissions and fight climate change. On Thursday, the Trump administration revoked the finding, a move considered to be the most aggressive by …
Oklahoma’s gross production tax revenue grew in January
Oklahoma saw a gain in its gross production tax revenue from oil and gas in the state for the month of January, according to State Treasurer Todd Russ. The January tax revenue was released this week showing total revenue for January was $ 1,531,773,919.77. Revenue from oil and gas production tax was $85.2 million, an increase …
Devon and Expand relocations fuel Oklahoma tax debate
Was tax issue at the center of relocations by the two oil and gas firms? When Devon Energy recently announced the relocation of its headquarters from Oklahoma City to Houston, Texas, one observer noted Texas had no state income tax. Oklahoma does. Now that Expand Energy followed a week later with a similar announcement but …
Transparency bill wins approval in Senate Committee
Oklahoma Senate Panel Advances Bill Targeting NDAs like those used in data center projects Sen. Michael Brooks, D-Oklahoma City, has won approval from the Senate’s Retirement and Government Resources Committee for legislation focusing on nondisclosure agreements (NDA) between state employees and the agencies that employ them. Brooks said Senate Bill 1415 deals specifically with resignations …
PSO’s parent company saw 13% gain in revenues
American Electric Power, the parent company to Public Service Company of Oklahoma, reported its revenues of $5.31 billion rose 13.2% from the year-ago quarter’s level of $4.70 billion. Full-Year Revenue Performance For 2025, the company recorded revenues of $21.88 billion, which missed the Zacks Consensus Estimate of $21.96 billion. The full-year top line, however, improved …
Making Oklahoma a top Iodine producer in the world
Oklahoma House Panel Advances Iodine Production Bill A bill that could perhaps make Oklahoma number one in iodine production in the world won approval in the Energy Committee of the Oklahoma State House. Oklahoma is the only state nationally where iodine is produced. Extracted iodine is considered critical for pharmaceuticals, X-ray contrast media, animal feed, …
Federal Bank reports hiring slowdown in Oklahoma
Hiring in Oklahoma Slows, but Unemployment Remains Low It’s the headline from the Kansas City Federal Reserve Bank‘s latest manufacturing and services survey which found, “Although employment is growing at a steady pace in Oklahoma, hiring has slowed recently to historic lows, reflecting reduced labor market churn.” The federal bank said it examined the underlying …