February 2026 archive

Government predicts 40% jump in natural gas prices this month and next

  If a prediction from the U.S. Energy Information Administration is accurate, natural gas users better hang on tight for the next two months. Natural gas prices, based on an EIA study, will skyrocket 40%. EIA raises natural gas price forecast following increased heating demand amid severe winter weather Natural gas prices rose sharply in …

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Harold Hamm says Continental Resources isn’t leaving OKC

  With the impending departures of Expand Energy and Devon Energy, firms moving their headquarters to Houston, it leaves one major oil and gas firm in Oklahoma City—Continental Resources. The company founded by Harold Hamm is still considered the largest privately held oil and natural gas producer in the world. In addition to being the …

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Crude oil prices slipped as US and Iran talks continued

After surging over 1% earlier in the day, crude oil prices fell on Tuesday while the U.S. continued talking with Iran about its nuclear development program. Investors remained wary whether the U.S. and Iran could end up by taking military action. The slight drop in prices came a day after the U.S. warned U.S. flagged …

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Mitchell talks energy with Jerry Bohnen—behind Expand Energy’s HQ move

https://www.facebook.com/reel/786989143811833 Going in depth into the departures of Expand Energy and Devon Energy from Oklahoma City. What really prompted this week’s decision by Expand Energy to relocate headquarters to Houston, Texas? Speculation abounds from Scott Mitchell as he talks Energy with Jerry Bohnen.

Oil prices gain on US cargo ships being warned of being too close to Iran

  A move by the U.S. to warn U.S. flagged ships to stay as far as possible from Iranian territory in the Strait of Hormuz and Gulf of Oman sent crude oil prices higher more than 1% on Monday. The advisory came from the U.S. Transportation Department’s Maritime Administration in which it informed vessels going …

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Oilfield Services Leaders Take Permitting Fight to Capitol Hill

One Oklahoma energy company is among dozens nationally who plan a fly-in Tuesday on capitol hill to directly lobby some of the state’s congressional delegation about the fight for permitting improvements. It is described as the largest such fly-in effort by the Energy Workforce & Technology Council (EWTC). The company representatives, including Helmerich & Payne …

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Iowa wind farm developments stalled because of anti-wind sentiment

When it comes to wind power, Oklahoma is usually a step behind Iowa. The two states follow Texas when it comes to electrical power generated by wind farms. But something is happening in Iowa where just as in Oklahoma, there has grown an anti-wind sentiment. “Wind energy development has all but ground to a halt …

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House Energy Committee to meet

The Oklahoma House Energy Committee meets this week and will consider a number of bills dealing with water, mining, brine, and rural water districts. The meeting will be held Wednesday morning. Below is the agenda.   When:  Wednesday, February 11, 2026 10:30 AM Where:  Room 206 Agenda: 1. Welcome and Introductions 2. HB3142 – Liquified petroleum gas; …

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Hybrids are outselling electric vehicles

Electric vehicle sales fell as hybrid vehicle sales continued to rise in 2025 Data source: Omdia Note: 1Q15=first-quarter 2015; 4Q25=fourth-quarter 2025 About 22% of light-duty vehicles sold in 2025 in the United States were hybrid, battery electric, or plug-in hybrid vehicles, up from 20% in 2024. Among those categories, hybrid electric vehicles have continued to gain market …

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Expand Energy’s history in Oklahoma

  Expand Energy, the latest major Oklahoma City energy company to announce a relocation of headquarters to Houston but with promises of maintaining a big presence still in Oklahoma, has a storied history. Formerly known as Chesapeake Energy, it is considered the nation’s largest independent natural gas producer, especially after its 2024 acquisition of Southwestern Energy …

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