Category: Oil & Gas

Trying to understand why electric rates are rising

Oklahoma Electricity Rates Remain Affordable Despite National Increases While it might appear that electricity rates in Oklahoma are climbing due to recent utility rate hikes, a new New York Times report shows that Oklahoma continues to rank among the nation’s most affordable states for electricity. According to the Times’ analysis, Oklahoma’s cost of electricity rose …

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OGE’s parent company scored gains in 3Q financial report

OGE Energy Reports Higher Third Quarter Earnings While OG&E Lowers Rates OKLAHOMA CITY — The same week Oklahoma Gas and Electric (OG&E) announced a more than 4% drop in electric rates starting in November, its parent company, OGE Energy Corp., reported a substantial increase in third quarter 2025 earnings. OGE Energy Third Quarter 2025 Financial …

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Fermi America Expands West Texas Energy Projects

Fermi America Secures Key Partnerships for West Texas Growth Former Energy Secretary Rick Perry’s firm Fermi America, co-founded with Texas Tech University and others, gained momentum this week through two major energy development announcements. The first announcement focused on a partnership with the City of Amarillo and Carson County. The Amarillo City Council approved a …

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Oil Prices Rise as U.S. Crude Inventories Drop

Oil Prices Strengthen After EIA Reports Big Inventory Decline Oil prices rose on Wednesday after data revealed that U.S. crude and fuel inventories fell more than expected last week. The surprising drawdown came as President Donald Trump’s positive outlook on upcoming U.S.–China trade talks helped ease economic concerns. Brent crude futures climbed 52 cents, or …

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Governors Push for Federal Energy Permitting Reform

Oklahoma Governor Kevin Stitt Leads Bipartisan Call for Energy Reform A bipartisan coalition of more than a dozen governors, led by Oklahoma Governor Kevin Stitt, released a sweeping package of reform priorities to improve federal permitting and regulatory processes for critical energy infrastructure projects. The governors’ letter to congressional leaders called for reforms to make …

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Energy Brief: DOE AI Power Moves and Exxon Lawsuit

DOE Advances AI Power Grid Access The U.S. Department of Energy (DOE) is taking bold steps to power AI data centers while using artificial intelligence to accelerate energy technology breakthroughs. Energy Secretary Chris Wright directed federal regulators to consider a new rule that would speed up the connection of AI data centers to the nation’s …

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U.S. Oil Stocks Drop While Cushing Storage Rises

Crude Oil Stocks Fall Nearly Seven Million Barrels The U.S. government reported a nearly 7 million-barrel drop in crude oil stocks nationwide, marking a notable weekly decline in reserves. The U.S. Energy Information Administration (EIA) said the amount of crude oil in storage fell 6.8 million barrels over the past week — declining from 422.8 …

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Scott Mitchell talks energy with Jerry Bohnen—electricity rates up and down

(Click below) https://www.facebook.com/reel/808555692141489 One Oklahoma utility announces a drop in November electricity rates….but is that the whole story? What’s missing? Plus, something from the Oklahoma energy secretary about activism. It’s what Scott Mitchell talks about in his latest podcast with Jerry Bohnen.

FERC Urged to Reject Blackstone’s New Mexico Energy Takeover

Environmental Advocates Challenge Blackstone’s Energy Acquisition A major battle is brewing over Blackstone’s attempt to acquire control of New Mexico’s largest public utility, the Public Service Company of New Mexico. The Center for Biological Diversity, a national environmental organization, has formally urged the Federal Energy Regulatory Commission (FERC) to reject the private equity giant’s application. …

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OSU gets $2 million grant to study water/energy efficiency

Land-Grant Universities Collaborate on Renewable Energy Innovation Three land-grant universities — Oklahoma State University, Kansas State University, and the University of Nebraska-Lincoln — are collaborating to determine whether energy production from animal waste and wastewater purification can occur within a single, efficient technology system. Currently, there are separate technologies that: Generate energy by producing methane …

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