May 6, 2026 archive

Oil prices fall during peace talks

  Reports suggested the U.S. and Iran are at their closest point to reaching a peace deal to end their war and the news sent crude oil prices downward to two-weeks lows on Wednesday. Brent crude, the global benchmark, fell nearly 8% with a drop of $8.60 a barrel, closing at $101.27. In trading earlier …

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PSO request on hold

Ratepayers of Public Service Company of Oklahoma will have to wait until Monday to learn whether regulators will give preapproval to the utility’s request for $1.2 billion in power generation expansion projects. Corporation Commissioners spent time early Wednesday morning discussing the request following extended hearings last week and again this week in which there was …

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Protection from data centers

The Data Center Consumer Ratepayer Protection Act of 2026, which aims to shield Oklahoma families and small businesses from higher utility costs tied to large-scale energy users like data centers, is one step closer to becoming law. It’s on its way to the Governor after winning approval this week in the State House and Senate. …

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Police probe failed Coweta data center project

  Coweta Police have launched an investigation into the city council and the city manager over its handling of a controversial data center. But there’s a twist. The probe was asked for by the Coweta City Council. What prompted the request? It came in response to public allegations involving the council and City manager Julie …

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Increased gas production by Gulfport

Gulfport Energy Reports First Quarter 2026 Financial and Operational Results Gulfport Energy saw a 7% increase in its total production in the first quarter of the year, reaching 996.8 MMcfe a day. The Oklahoma City company had $121.7 million in CapEx which included $117.9 million in drilling and completion expenditures along with $3.9 million of …

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Iowa farmers get climate change lawsuit protection

Just as Oklahoma Gov. Kevin Stitt recently signed a bill into law protecting oil and gas companies from climate change lawsuits, Iowa Gov. Kim Reynolds has done the same to protect farmers, ranchers and ethanol producers from such lawsuits. The two states took the actions to block lawsuits that were filed to make polluters pay …

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Record earnings at Williams

Williams Announces Record First-Quarter 2026 Results   Williams Companies recorded record earnings in the first quarter of 2026 driven by a 13% gain in its EBITDA reaching $2.25 billion. The Tulsa company, in announcing its unaudited financial results for the three months ended March 31, 2026, credited strong performance in the company’s natural gas transmission …

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Empire wants higher rates

  Electric utility provider Empire District, a Missouri-based utility that has 12,000 to 15,000 customers in Oklahoma, wants a rate hike on the customers it also has in southeast Kansas. If the company’s $15.8 million rate hike request is approved by the Kansas Corporation Commission, it would mean a 40% increase in an average residential …

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Devon misses 1Q revenue

  Devon Energy CEO Clay Gaspar called the first quarter another “strong quarter” for the company as the firm exceeded earnings expectations. But it also fell short on revenue as shares decline 1.6% after the Oklahoma City company announced its report on Tuesday. Devon reported production averaged 833,000 barrels of oil equivalent a day during the …

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EV batteries and cold WX

AAA’s latest study shows extreme temperatures reduce efficiency, range, and increase operating costs for electric vehicles (EVs) and hybrids. Researchers tested six vehicles at cold, moderate, and hot temperatures to examine how electrified powertrains perform under non-ideal conditions. This information is intended to help consumers better understand how temperature can affect vehicle performance, inform purchasing …

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