Less than a year after Attorney General Gentner Drummond fired an attorney hired by the State Treasurer to defend a lawsuit against Oklahoma’s anti-ESG Act, a State Senate committee approved a measure to give the Treasurer the authority to hire an in-house lawyer. The Senate Judiciary Committee voted 8-0 in support of Sen. …
Category: Oil & Gas
Supreme Court rules against OGE in battle with Corporation Commission
In a split decision, the Oklahoma Supreme Court ruled in support of an Oklahoma Corporation Commission ruling against OG&E’s attempt in 2018 to provide electrical services outside its certified territory in southeast Oklahoma. It was 5-3 decision by the supreme court with one justice “disqualified” from the appeal brought by Oklahoma Gas and Electric …
Judge throws out last of Kansas lawsuits filed over 2021 Winter Storm
A Federal Judge in Kansas has dismissed five lawsuits that challenged hundreds of millions of dollars in excess natural gas costs stemming from the 2021 Winter Storm Uri, the same storm that resulted in billions of dollars to be footed by ratepayers in Oklahoma. One of those named in the lawsuits was Kansas Gas …
OPEC+ sends crude oil prices down and OK energy stocks too
Plans by OPEC+ to move ahead with output increases in April along with tit-for-tat tariffs between the U.S., Canada and Mexico sent crude oil prices falling again on Tuesday. Both Brent and WTI settled close to multi-month lows. West Texas Intermediate crude fell 11 cents or 0.2% to close at $68.26 after previously dropping …
Manure bioprocessing plant faces legal challenges in Iowa
As a New Hampshire company moves forward with possible construction of a bioprocessing plant near Miami in northeastern Oklahoma using poultry litter, it’s similar to other efforts by firms in other states. Here’s what happened when a company announced plans to build a manure digester to create Renewal Natural Gas at a site in …
ONEOK’s annual meeting to be virtual
ONEOK, Inc. has set its annual meeting date for May 21 of this year. The Tulsa-based company announced it will be “a virtual meeting only” and will begin at 9 a.m. Central Time. The meeting wil be accessible through a live webcast. The record day for determining shareholder entitled to receive notice of the …
Natural gas prices keep going up and are not expected to fall
When crude oil prices fell nearly 2% on Monday, the price of natural gas jumped close to 8% and observers suggest it’s a sign of things to come. If anything, don’t expect them to fall. At the close of stocks Monday natural gas prices gained 7.51% on a 29 cent increase to $4.12 per …
Lankford calls for “elimination” of Biden tax laws on Oklahoma energy industry
Oklahoma U.S. Sen. James Lankford says it’s time to remove new energy taxes on Oklahoma energy companies that were put in place by former President Joe Biden. Writing in a letter to constituents, the Republican Senator said it’s time the tax laws were “eliminated.” The 2017 Trump tax cuts will expire in December if …
Gasoline prices aren’t falling much but Oklahoma still has some of the cheapest gas in the nation
Oklahoma gasoline prices took a dip in the past week settling to a new statewide average of $2.69 a gallon, based on reports from AAA. The state average fell 7 cents in the past week but is still a penny higher than one month earlier. Central Oklahoma appears to have the lowest averages including …
Corporation Commissioners held more exempted public meetings in recent days
Complying with a four-month old state law regarding exempted public meetings, Oklahoma Corporation Commissioners have filed notices of two more instances where commissioners gathered in recent days. Both meetings involved Commissioners Kim David and Brian Bingman as they attended last week’s national summit in Washington, D.C. of the National Association of Regulatory Utility Commissioners. …








