Crude oil prices shot up $1.60 a barrel on Tuesday following word of the temporary cut in the U.S. and China tariffs. Plus, there was a better-than-expected inflation report. The Labor Department reported the Consumer Price Index rose 2.3% in the 12 months through April. Also, Oklahoma energy stocks had a strong day with …
Two consumer groups joined forces in a recent effort to convince Oklahoma Governor Kevin Stitt to veto a bill that would allow utilities to charge customers while electric projects are under construction. “This bill would shift unnecessary financial risk onto Oklahoma’s ratepayers while undermining the constitutional authority of the Oklahoma Corporation Commission, wrote leaders …
Evergy, the big Kansas City-based energy company, is drawing criticism for delaying the retirement of its coal plants, a move that environmentalists say will increased methane gas generation. A report by the Energy and Policy Institute said the utility’s move raises questions about its ability to meet a pledge to reach net-zero emissions …
Stardust Power Inc., an American developer of battery-grade lithium products, announced a significant update to its permitting process. Following a determination process by the Oklahoma Department of Environmental Quality (ODEQ), the Company has confirmed that no industrial wastewater discharge permit will be required for its planned lithium processing facility in Muskogee, Oklahoma. This determination …
(a legislator hugs activist Kathy Stockdale–Photo by Robin Opsahl/Iowa Capital Dispatch) After four years of intense debate and legislative fighting, a bill was passed this week by the Iowa legislature to pull the reins in on carbon sequestration pipelines and the ability of operators to use eminent domain. It could be another stumbling block …
** Utility player NRG Energy will pay nearly $10 billion for 18 natural gas-fired power plants from LS Power in a move designed to prepare NRG for a domestic power market that’s set to soar. ** A bill to lift Illinois’ 40-year moratorium on new large nuclear energy plants has stalled recently as Senate lawmakers work …
The decision by Williams Companies to construct another pipeline expansion in Virginia has grabbed local headlines there. As explained by Williams President and CEO Alan Armstrong during the Tulsa-based company’s quarterly earnings call, the Transco line expansion will serve “the power-hungry Virginia market.” He referred to the growth of data centers throughout the …
Vital Energy’s first-quarter 2025 financial and operating results included a surprise as its $2.37 earnings per share beat the $2.11 per share estimate given by analysts. It beat the $1.91 in earnings per share the Tulsa company had a year ago. As a result, Vital’s earnings were up 12.32%. The firm reported a net loss …
Boulder, Colorado’s lawsuit against two fossil fuel corporations over alleged local harms caused by climate change is being allowed to move ahead following a decision by the Colorado Supreme Court. By 5-2, the Supreme Court concluded federal law did not preclude the local governments from raising state-level claims of nuisance, trespass, unjust enrichment …
The failure of the Oklahoma Senate to bring House Bill 1220 up for a full chamber vote before Thursday’s floor deadline disappointed Sen. Lisa Standridge, R-Norman. “I’m deeply disappointed that Senate leadership didn’t see fit to bring this important bill up for a floor vote,” Standridge said. HB 1220 would protect utility ratepayers by …
