Author's posts
Crude up but natural gas soared
Crude oil prices made slight gains Wednesday after a shutdown of two large oilfields in Kazakhstan, but in Oklahoma, the bigger story might be the sudden increase in natural gas prices as the state braces for an expected strong winter storm. Natural gas prices soared 25% on Tuesday and by late Wednesday afternoon, they were …
Data center wins rezoning approval from OKC planning board
A proposed data center on the west side of Oklahoma City and Yukon recently won rezoning approval from the Oklahoma City Planning Commission. Members of the city agency voted 7-0 in support of rezoning two tracts of land totaling 295.5 acres of land near Interstate 40 and North Frisco road, sites about a half …
Mitchell talks energy with Jerry Bohnen–stormy weather, gas price hikes and more
https://www.facebook.com/reel/19238351452161 A wintery blast hitting Oklahoma isn’t the only storm in the state as Scott Mitchell and Jerry Bohnen discuss soaring natural gas prices, data centers, electric price hikes and more on their latest podcast of Mitchell Talks Energy with Jerry Bohnen.
Energy Briefs: Oil Supply, Power Rates, Global Markets
United States ** The Texas oil industry is bracing for potential margin pressure as President Trump pledges to push crude prices toward $50 per barrel and increase U.S. access to Venezuelan oil, a move analysts say could make breakeven economics even more challenging for producers. ** In her first official action as governor, New Jersey …
Rep. Hardin Questions AG Role After Poultry Lawsuit Ruling
Court Denies Stay in Illinois River Watershed Case Eastern Oklahoma Rep. David Hardin expressed disappointment this week after a federal court denied a stay request tied to the long-running Illinois River Watershed poultry lawsuit, a decision that could significantly impact Oklahoma poultry farmers and regional agricultural operations. Hardin, R-Stilwell, reacted after a federal judge refused …
Continental Resources shutting down drilling in North Dakota
While his Continental Resources company is expanding drilling efforts in Argentina, Oklahoma oilman Harold Hamm confirms a pause in drilling in North Dakota where the company created its reputation. Low oil prices are to blame. Continental has three drilling rigs located in North Dakota, heart of the Williston Basin but it has idled one rig …
Archer pushes GAS Hub to land national lab in Oklahoma
Legislation Targets Federal Research Investment Rep. Nick Archer, R-Elk City, has introduced legislation aimed at positioning Oklahoma to compete for a U.S. national laboratory and other major federal research centers, an effort supporters say could reshape the state’s long-term economic and workforce outlook. If approved, House Bill 3176 would establish the Oklahoma Gas, Artificial Intelligence, …
Electric utilities issue winter weather advisories
Oklahoma Utilities Urge Winter Storm Preparations Ahead of Snow, Ice As a winter storm approaches Oklahoma, with forecasts calling for several inches of snow and ice and the potential for power outages, the state’s two largest electric utilities — Oklahoma Gas & Electric (OG&E), Oklahoma Natural Gas Co. and Public Service Company of Oklahoma (PSO) …
Oilman Robert Hefner defends data centers
Data Centers are not the main reason for increased electricity prices So says Oklahoma energy developer Robert Hefner. As he told OK Energy Today, he left the oil and gas industry in 2021 to focus on building power, infrastructure and data center projects. He describes himself as a “power and infrastructure developer and operator” and …
Energy briefs
** The Environmental Protection Agency (EPA) ruled that Elon Musk’s artificial intelligence company xAI has been illegally powering its massive Tennessee data centers through the use of a fleet of methane gas turbines. The turbines were operating without required air quality permits, but the company has been fighting the charges for a year and a half, claiming that …