Oklahoma Natural Gas Co. is in the hunt for higher rates. The utility recently filed a request with the Oklahoma Corporation Commission for approval of what is called a Performance Based Rate change, one totaling $41,504,750 and would mean a few more dollars a month for ratepayers. If approved, it would mean an increase …
Oklahoma U.S. Sen. Markwayne Mullin isn’t giving up on his fight against California and the EPA from telling vehicle buyers they can’t buy gas-powered vehicles. “I will not sit back and allow the federal government to make purchasing choices for consumers in Oklahoma.” He’s reintroduced the Preserving Choice in Vehicle Purchases Act to limit the …
** The Trump administration announced a wave of regulatory rollbacks on Wednesday including a repeal of Biden-era emissions limits on power plants and automobiles, as well as reduced protections for waterways. ** The U.S. Environmental Protection Agency said on Wednesday it is starting efforts to reverse the Biden administration’s vehicle emissions rules that would force …
Oklahoma Corporation Commissioners may have a decision Thursday on the request of Public Service Company of Oklahoma for approval to complete the $730 million acquisition of a gas plant in Jenks. An administrative law judge had been hearing arguments for and against the request since last week. Commissioners announced Wednesday they would meet at …
Oklahoma City’s Mammoth Energy Services says it is switching accounting firms. In a filing with the Securities and Exchange Commission, the energy company announced “the dismissal” of Grant Thornton LLP as the firm’s independent registered public accounting firm and hired Deloitte & Touche LLP. Grant Thornton was informed of the decision on March 10 …
Tighter than expected oil and fuel inventories played a role Wednesday in the 2% gain for crude oil prices. The 1.4 million barrel increase was less than the 2-million barrel rise expected by forecasters. West Texas Intermediate crude rose $1.43 or 2.2% to $67.68 per barrel on the New York Mercantile Exchange. Brent crude …
The Arkansas State Senate wants to do something about growing electricity rates in the state. It voted last week to asking the Arkansas Public Serice Commission to come up with suggestions on a bill to change the process for construction of electricity-generating plants. Click here for Arkansas Advocate
While U.S. crude stocks grew in the past week, there was a surprising drop in the amount of crude oil held in storage at Oklahoma’s Cushing Hub. The Hub declined by 1.2 million barrels from 25.7 million barrels the week of Feb. 28 to 24.5 million in the most recent week of March 7, …
Some energy bills introduced by Sen. George Burns, R-Pollard await a chance to be heard on the Senate floor. The bills cover groundwater permits, shut-in gas wells and coal-powered operations. “These measures address key concerns for Oklahomans, from ensuring responsible groundwater use and energy production to protecting Second Amendment rights and improving oversight in …
** The Environmental Protection Agency said it’s terminating $20 billion in grants awarded through a green bank program established under former President Joe Biden’s signature climate law. The money is part of a $27 billion pool and awarded to community development organizations and other nonprofits, credit unions, housing agencies and solar energy projects. ** Oil …
