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Crude oil reached highest mark in 4 months
Crude oil prices hit their highest mark since late September in Wednesday’s trading and natural gas prices also recorded a 7% gain amidst the winter storm that left hundreds of thousands without electrical power from Arkansas and Mississippi to the Carolinas. West Texas Intermediate crude finished well above $60, rising 82 cents of 1.31% …
Illinois Supreme Court Revives Grain Belt Express Line
Illinois Supreme Court Sides With Grain Belt Express Developer The Illinois Supreme Court gave a legal victory to the developer of the $11 billion Grain Belt Express transmission line aimed at carrying wind-powered electricity from southwest Kansas, across Missouri and to Indiana. In a 6–0 ruling, the Court offered a 20-page opinion and upheld a …
ODOT proposes I-35 improvements in southern Oklahoma
Public meeting set for I-35 improvements between Purcell and Goldsby What might seem like never-ending construction on Interstate 35 from Oklahoma City south to the Red River is about to result in more traffic slowdowns. The Oklahoma Department of Transportation is hosting an open house meeting about proposed improvements to I-35 between Purcell and Goldsby …
Electric cooperatives lend help to storm-stricken Mississippi
Okla.’s electric co-ops send mutual crews to assist Mississippi following Winter Storm Fern Eleven electric cooperatives in Oklahoma are collectively sending 84 linemen to assist Tallahatchie Valley Electric Power Association following devastating damage from Winter Storm Fern. The co-op serves 27,000 meters across nine rural counties in northern Mississippi. Winter Storm Fern swept across …
$2.1B Transmission line to stretch across Oklahoma Panhandle
Oklahoma regulators are being asked to grant approval for construction of a major electric transmission project that would cross the Oklahoma Panhandle and connect the eastern and western U.S. power grids. Three Corners Connector seeks Oklahoma approval Three Corners Connector LLC has filed an application with the Oklahoma Corporation Commission seeking authority to construct a …
Regulators consider OGE’s latest CWIP request
CWIP Dispute Leaves OG&E Request Under Advisement at OCC Another fight over Construction Work in Progress (CWIP) unfolded this week before the Oklahoma Corporation Commission (OCC) as Oklahoma Gas and Electric (OG&E) pressed regulators for approval to begin recovering construction costs from customers while new power projects are still under development. After hearing arguments from …
Energy Brief: Grid Strain, Wind Ruling, OPEC+ Outlook
AI Data Centers Push Power Prices to Crisis Levels ** AI data centers hit by winter storms this week surged electric costs to as high as $1,200 per megawatt-hour, as Northern Virginia’s hyperscale campuses powering AWS, Microsoft Azure, and other cloud platforms turned what should have been a manageable winter peak into a grid-straining crisis. …
Attorney General defends embattled Corporation Commissioner
The state attorney general came to the defense of Corporation Commissioner Todd Hiett and said in responding to Supreme Court challenges by Reps. Tom Gann and Kevin West that they made “baseless and inflammatory accusations against the Commission” and their challenges to rate hikes by PSO, OG&E and ONG should be thrown out of …
Groups challenge Biden-era natural gas restrictions
Gas groups ask Supreme Court to block furnace rule Several major natural gas industry groups are asking the U.S. Supreme Court to intervene in a legal fight over federal efficiency standards that restrict the sale of certain natural gas furnaces and water heaters, arguing the rules could eliminate affordable home heating options for millions of …
Severe weather boosts crude oil prices
Crude oil prices jumped more than 3% on Tuesday as a powerful winter storm disrupted U.S. oil production and temporarily halted Gulf Coast crude exports, lifting Oklahoma energy stocks alongside the broader energy sector. Winter storm disrupts U.S. oil production The severe winter weather strained energy infrastructure across major producing regions, forcing operators to shut …





