U.S. Energy Developments ** The Trump administration on Thursday revoked a scientific finding that long has been the central basis for U.S. action to regulate greenhouse gas emissions and fight climate change, the most aggressive move by the Republican president to roll back climate regulations. The rule finalized by the Environmental Protection Agency rescinds a 2009 government …
February 2026 archive
Rain will help firefighters with big wildfires in Oklahoma
The promise of rain this week in Oklahoma is good news to the state’s firefighters who have struggled with numerous wildfires in Oklahoma due to growing drought conditions and persistent fire danger across the region. Moderate to high fire danger indices were expected Thursday but falling Friday and Saturday with the improved probability of widespread …
New Mexico targets DOE over Los Alamos legacy waste
New Mexico claims Energy Department failed to meet EPA standards The New Mexico Environment Department issued several actions this week to hold the U.S. Department of Energy (DOE) accountable for failing to prioritize the cleanup of Los Alamos National Laboratory’s “legacy waste” for disposal at the Waste Isolation Pilot Plant (WIPP). The continued presence …
Crude oil prices higher amidst tense U.S. and Iranian talks
Crude oil prices finished nearly 1% higher in Wednesday’s trading as U.S. and Iranian negotiators continued their talks about nuclear armament in an attempt to avoid military conflict in the Middle East. Tension still exist as some military observers believe there will be another U.S. attack on Tehran. At the same time, investors reacted …
Bill to provide tax relief to Oklahomans displaced by turnpikes clears Committee
Sen. Lisa Standridge, R-Norman, has advanced legislation to temporarily freeze property taxes for Oklahomans displaced by the construction or expansion of turnpikes. Senate Bill 2001 would freeze property taxes for three years for Oklahomans who must relocate because of a new turnpike. The freeze would take effect once a homeowner is settled into their new …
Constant rig count reported in Oklahoma’s energy plays
Oklahoma saw no change in its rig count in the past week and the most active oil and gas play remained the Cana Woodford. The latest Baker Hughes Rig Count reported 22 rigs are active in the Cana. The Granite Wash was home to the next highest number of active rigs and it was a …
Increased earnings reported by Williams Cos. in 4Q
Williams announced its unaudited financial results for the three and 12 months ended Dec. 31, 2025, and missed what some analysts had predicted. Earnings were 55 cents a share, three cents blow the consensus estimate of 58 cents. Still, the earnings beat the 47 cents per share reported one year ago and it was largely …
Energy bills get unanimous support in House Utilities Committee
The Oklahoma House Utilities Committee made quick work of three energy-related bills during a Tuesday afternoon hearing. HB3466, the removal of the petty fund at the Oklahoma Corporation Commission received a Do Pass vote of 7-0. Rep. Brad Boles (R-Marlow) explained the measure was introduced at the request of the corporation commission which felt the …
Oil prices predicted to be lower this year and again in 2027
EIA forecasts lower oil prices in 2026 and 2027 due to persistent stock builds Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2026 Data values: International Petroleum and Other Liquids Production, Consumption, and Inventories and Energy Prices The U.S. Energy Information Administration is out with a forecast that production of petroleum and other liquids will continue to exceed …
Files show Jeffrey Epstein was asked to invest in Canoo
Jeffrey Epstein and Canoo? What? It’s the story reported by TechCrunch. Canoo had its manufacturing plant in Oklahoma City until it finally shut down operations after filing Chapter 7 bankruptcy in January of last year. Now comes the TechCrunch story that a Prince Andrew advisor pitched Jeffrey Epstein on investing in the EV industry, including …