A recent disclosure of a non-public meeting held by Oklahoma Corporation Commissioners shows they attempted to reach out to Rep. Trey Caldwell before voting this week against his proposed energy bills, HB2747 and SB998. Both are similar in nature and focus on an attempt to force the regulators to approve electric-generating projects that rely …
Category: Oil & Gas
Judge orders US government to pay $28 million over Dakota Access protests
Nine years after the Dakota Access Pipeline protests were staged in North Dakota, a federal judge has ruled the U.S. government should pay $28 million to North Dakota. The ruling came in a lawsuit filed by North Dakota in 2019 in which it sought $38 million in damages for policingand cleanup following the demonstrations …
Energy briefs
** The U.S. Interior Department plans to dramatically speed up permitting for oil and gas, uranium, coal, biofuel, geothermal, hydropower, and critical mineral projects on federal lands, accelerating environmental reviews to 14 days and impact statements to 28. ** An Interior Department document suggests the Trump administration is considering shrinking national monuments in Arizona, California, …
Groundbreaking in Tulsa on $252 million highway project
Sen. James Lankford joined the City of Tulsa and the Oklahoma Department of Transportation to break ground on the next phase of the I-44/US-75 interchange improvement project on Wednesday, April 23. The long-anticipated project will complete the interchange dubbed “Traffic Henge” or “Tulsa Stonehenge” by area residents. “The I-44/US-75 interchange in Tulsa is …
Slight gain in nation’s crude oil stocks
Crude oil stocks across the U.S. grew slightly in the most recent reporting period from the U.S. Energy Information Administration while the total in Cushing slipped. The U.S. total as of April 18 was 443.1 million barrels up from the 442.9 million barrels recorded at the end of April 11. It represented a gain of …
Expand Energy’s 1Q earnings to be released next week
Just a few months after increasing its 2025 expected annual synergy target by $175 million, Expand Energy of Oklahoma City prepares to release its first quarter 2025 earnings report. The company had $382 million in net cash from operating activities and a $399 million net loss in the fourth quarter. Investors will learn …
Crude fell Wednesday along with Oklahoma energy stocks
Energy stocks in Oklahoma slipped Wednesday and crude oil prices did the same as OPEC+ indicated it might speed up its oil output increases in June. As a result, it has been an up and down week for oil prices. But analysts indicated the losses weren’t as great after President Trump hinted he might …
New utility law in Missouri has same issues debated before Oklahoma regulators
A new law signed by Missouri Gov. Mike Kehoe earlier this month features the subject of what is known as “construction work in progress” or CWIP. It was a bill that critics contend will likely increase utility bills in Missouri. At the same time, some critics say it points out the deep ties …
Mitchell talks energy with Jerry Bohnen—a fiery response from regulators to one legislator’s attack
Scott Mitchell talks energy with Jerry Bohnen and they focus on the Corporation Commission’s critical response to Rep. Trey Caldwell’s energy bills and his recent attack on the regulators. In the words of Commissioner Kim David, “I’m tired of being slandered over in the building across the street when it’s not true.”
Oklahoma Senate Energy Committee to tackle more bills
The Oklahoma Senate Energy Committee meets Thursday to consider a number of energy measures. The meeting is scheduled for 9:45 a.m. or after the regular meeting of the Senate. Below is the agenda. AGENDA: REVISED TO ADD CS2069 to HB2756 HB1371 By Boles of the House and Green of the Senate [Oil and Gas; Production Revenue …