Crude oil prices fell about 1% on Tuesday as there was headway or progress reported out of the talks between the U.S. and Iran. Plus, there were also U.S.-brokered talks between Russian and Ukrainian negotiations. Iran’s foreign minister Seyed Abbas Araghchi stated, “We were able to reach a general agreement on a set of …
Rep. Brian Hill, R-Mustang, commented on the recent announcements that Devon Energy and Expand Energy will both relocate their corporate headquarters to Texas. Hill, who serves as chair of the House Commerce and Economic Development Oversight Committee, emphasized the importance of continuing to diversify Oklahoma’s economy. “The focus of the House Commerce and Economic …
Disappointing yes. Discouraging….maybe not. It’s the suggestion from Oklahoma Gov. Kevin Stitt to the surprising decisions by Devon Energy and Expand Energy to move headquarters to Houston, Texas. Interviewed recently by KOCO TV News, he explained his reaction. “When you hear about things like that, it’s disappointing. But that’s why it’s important to have …
A new power generating facility will be the subject of a ribbon-cutting ceremony Thursday morning at Tinker Air Force Base and feature leaders of the air base, the utility and Congress. U.S. Rep. Tom Cole will be among dignitaries on hand for the 9 a.m. ceremony to create added critical electrical power to the important …
Panasonic’s Kansas battery plant, the $4 billion project that Oklahoma lost to its neighbor a few years ago following intense campaigning by both states, is approaching 50% of production capacity. The Kansas Reflector reports it should be attained in the new few months, according to an official with Panasonic. The Reflector quoted Kristen Walters, …
U.S. Energy Policy & Power Infrastructure U.S. Department of Energy (DOE) has announced $175 million in funding for six projects to modernize, retrofit, and extend the useful life of coal-fired power plants serving rural and remote communities across the United States, keeping dependable energy sources online, strengthening grid reliability, and helping keep electricity costs low …
Rep. Mickey Dollens, D-Oklahoma City, passed HB 3917 unanimously out of the Appropriations and Budget Natural Resources Subcommittee. The measure requires data centers to pay a surcharge during peak demand periods, protecting residential customers from rate hikes and funding grid modernization. “I want to thank the Committee Chair and Committee for hearing and passing this legislation,” said …
Oklahoma Corporation Commissioners will hold a regular meeting on Wednesday and one of the issues to be considered is a proposed battery storage system near Ponca City. Frontier Energy Storage’s project, proposed by Oklahoma Gas and Electric company in its power generation expansion plans has already been opposed by the Attorney General and the Petroleum …
While many Oklahoma energy leaders are praising the President’s move last week to repeal the EPA “endangerment finding”, one created in 2009 by the Obama administration, such is not the case in New Mexico where one leader said it is a “moment to mourn.” The state also relies heavily on oil and gas revenues for …
One organization that hailed President Trump’s decision last week to repeal the EPA’s Endangerment Finding is America’s Power, a group that advocates for coal use. The group’s President and CEO Michelle Bloodworth praised the repeal of the 2009 declaration which she said became a justification for some of the Environmental Protection Agency’s most far …
