Category: Oil & Gas

Oklahoma Supreme Court Faces Utility Rate Hike Challenges

Lawmakers Challenge PSO Rate Increase Before the Oklahoma Supreme Court can decide on the legal challenges of three state legislators to rate hikes approved by the Oklahoma Corporation Commission, it first must decide on a growing number of other issues in the challenges. In recent weeks following the January filiing of a lawsuit by Rep. …

Continue reading »

Another data center update

Time for another data center update across the U.S. as technology firms are flexing their construction muscles. The latest? Meta has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally, as large technology companies race to build out the infrastructure needed to power their artificial intelligence ambitions. …

Continue reading »

Natural gas prices fall but rig counts are up

    While natural gas prices took a hit and dropped close to 4% on Thursday, they still have made some gains in the past several days. In a weekly report, the U.S. Energy Information administration reported: Henry Hub spot price: The Henry Hub spot price rose 65 cents from $2.80 per million British thermal units …

Continue reading »

Big day for crude oil following new sanctions on Russian oil

graphic showing crude oil jumped 5% after US sanctions on Russian oil

    President Trump’s move to initiate sanctions on Russian oil in a bid to end the war in Ukraine sent crude oil prices surging 5% on Thursday. Meanwhile, natural gas prices fell nearly the same amount in the day’s trading. Oklahoma energy stocks soared in the day’s trading with several firms recording 4%, 5%, …

Continue reading »

Crude oil supplies fall at Cushing and the US

Oklahoma’s Cushing Hub Sees Inventory Drop Crude-oil stocks at Oklahoma’s Cushing, Oklahoma hub fell last week, according to the U.S. Energy Information Administration (EIA).The amount held at the Oklahoma site dropped by 800,000 barrels from the week of October 10, 2025, when it totaled 22 million barrels. By the week of October 17, Cushing held …

Continue reading »

Dividend declared by PSO’s parent company, AEP

AEP Declares Higher Dividend for Shareholders The parent company to Public Service Company of Oklahoma, American Electric Power, headquartered in Ohio, declared a 95-cent-per-share quarterly cash dividend. The announcement confirmed the company’s commitment to consistent shareholder returns and reliable customer service across multiple states, including Oklahoma. The dividend represented an increase of two cents per …

Continue reading »

First Texas water lithium extraction plant to begin

Texas Breaks Ground on First Produced Water Lithium Project Ground broke this week on the first produced water lithium extraction project in Texas. Select Water Solutions and Mariana Minerals hosted the ceremony in Joaquin, Texas, in Shelby County. The project marks the first time produced water from oil and gas operations will become a source …

Continue reading »

Williams Expands Louisiana LNG, Haynesville Operations

Williams Expands Louisiana LNG, Haynesville Operations Tulsa-based Williams Companies is expanding its wellhead-to-water strategy with two major Louisiana transactions that showcase Oklahoma’s growing impact on the global energy industry. Williams and Woodside Partner on $1.9 Billion LNG Project Williams announced a strategic partnership with Woodside Energy, Australia’s largest independent oil and gas company, to invest …

Continue reading »

Energy Brief: Meta $27B Deal + EPA Suit + DOE Grant Cut

Energy Briefs logo pic

Meta Strikes $27 B Deal for AI Data Center Meta Platforms has secured a $27 billion financing agreement with Blue Owl Capital to fund its largest ever data-center project globally. Large tech firms race to build infrastructure to power artificial-intelligence ambitions. Advocacy Group Sues EPA Over Delays An advocacy organization has filed a lawsuit accusing …

Continue reading »

Mitchell talks energy with Jerry Bohnen—North vs South?

https://www.facebook.com/reel/2414223385638826 North vs. South? Not the civil war all over again but it’s certainly raised its energy head in South Dakota and North Dakota. Throw in talk of carbon capture and you have the latest on on energy in those two states and their links to an Oklahoma oilman. Scott Mitchell brought it up during …

Continue reading »