Crude oil prices took a 1% fall on Thursday after a U.S. court ruling blocked President Trump’s sweeping tariffs. The fall happened before an appeals court overturned the ruling and decided in his favor. Prices had earlier risen before the lower court claimed President Trump had overstepped his authority by imposing across-the-board duties …
Public Service Company will have to wait another week before officially learn whether Oklahoma Corporation Commissioners take formal action to support its $730 million acquisition of the Green Country Power Plant in Jenks. It is an acquisition that will mean another rate hike for PSO customers, one totaling an estimated $7.24 more a …
In a major setback for the state of Colorado, the U.S. Supreme Court on Thursday ruled in support of the multibillion-dollar oil railroad expansion in Utah that would eventually carry oil across Colorado and to places such as Oklahoma’s Cushing Hub. It was an 8-0 decision in support of the Uinta Basin Railway, …
Arkansas Business reports that state regulators gave approval this week to a 2.5% royalty rate for landowners where lithium is extracted from the underground brines. The decision is considered favorable to Canadian-based Standard Lithium, a firm with an ongoing $1.5 billion project to construct a lithium extraction plant near Lewisville. Standard was joined in …
Environmental activist group Greenpeace was in a North Dakota courtroom this week, arguing the $667 million verdict against it over the Dakota Access Pipeline protests in 2016 and 2017 was not based on fact. Attorneys say the jury’s decision in Morton County, a decision announced in March, cannot stand. The jury also ruled …
A new report is attempting to condemn the oil and gas industry in New Mexico, saying nearly 700 wells are located within a mile of a school throughout the state and exposing students to noxious emissions. The analysis of state and federal data was performed by the Associated Press which reported that more …
Still in limbo, a bill sent to Iowa Gov. Kim Reynolds that would restrict carbon pipeline development in the state. Iowa ethanol advocates and farmers gathered at the capitol to urge her to veto the bill that farmers, ethanol operators and supporters called “extremely problematic to biofuels, farming, energy and Iowa economies. The …
Lawton is going to be home to a Firehawk Aerospace rocket fuel factory. Joining Gov. Kevin Stitt Wednesday for the announcement, the Texas-based company’s CEO Will Edwards explained the 3D-printed factory will be the first of its kind in the U.S. “This is a strategic investment in the future of U.S. energetics and propulsion …
** EV battery recycling company Li-Cycle files for bankruptcy, putting up for sale an operation that includes a massive unfinished recycling center in western New York and five satellite battery shredding facilities. ** Meyer Burger lays off as many as 350 employees at its solar panel assembly facility that opened last year in Goodyear, Arizona. …
Mitchell talks energy with Jerry Bohnen and they explore how Oklahomans will soon feel the hit on their wallets and pocketbooks following rate increase requests filed by OG&E and ONG. One involves a new law allowing utilities to soak ratepayers for ongoing construction projects. Oh, don’t forget PSO and its current request that could …
