Category: Oil & Gas

Energy bills get unanimous support in House Utilities Committee

The Oklahoma House Utilities Committee made quick work of three energy-related bills during a Tuesday afternoon hearing. HB3466, the removal of the petty fund at the Oklahoma Corporation Commission received a Do Pass vote of 7-0. Rep. Brad Boles (R-Marlow) explained the measure was introduced at the request of the corporation commission which felt the …

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Oil prices predicted to be lower this year and again in 2027

EIA forecasts lower oil prices in 2026 and 2027 due to persistent stock builds Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2026 Data values: International Petroleum and Other Liquids Production, Consumption, and Inventories and Energy Prices The U.S. Energy Information Administration is out with a forecast that production of petroleum and other liquids will continue to exceed …

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Energy Policy, LNG, Solar: Global Energy Brief

DoD Power Supply Contracts With Coal Plants ** The Trump administration plans an executive order directing the Department of Defense to enter into power supply contracts with coal plants. Federal Funds: EV Chargers Must Be 100% U.S.-Made ** The Trump administration proposes rules that would require all electric vehicle chargers receiving federal funds to be …

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Bill focuses on shortage of court reporters at Corporation Commission

  A bill to increase the hiring of more court reporters for the Oklahoma Corporation Commission won approval this week in a House subcommittee. Rep. Nick Archer (R-Elk City) proposed HB3177 in an effort to increase the number of full-time reporters in the commission’s judicial court system. He said the corporation commission is “grossly understaffed” …

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White House pact might ease data center concerns in Oklahoma

  Just as some Oklahoma leaders have expressed extensive concern over the impact that data centers will have on residential electric bills, the issue is of concern at the White House. POLITICO reported this week the Trump administration wants what some Oklahoma legislators want—to have the data center developers pay for the tremendous amount of …

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News briefs

** In the coming days, the Environmental Protection Agency is expected to revoke a determination that has underpinned the federal government’s ability to fight global warming since 2009.That scientific conclusion, known as the endangerment finding, determined that carbon dioxide, methane and other greenhouse gases are supercharging storms, wildfires, drought, heat waves and sea level rise, and …

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Legislators worry about Google center’s impact on water use

  Oklahomans are not the only ones raising questions about the amount of water that might be needed as data centers are being built in the state. State officials in Virginia, the nation’s biggest source of data centers, more than 600, are raising the same kind of questions and challenges following announced plans by Google …

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Coterra Energy leader points to natural gas production from merger with Devon Energy

  After last week’s announced merger of Devon Energy and Coterra Energy and the decision to move Devon headquarters to Houston, Coterra’s leader explained the decision will allow the newly-formed firm take advantage of its natural gas production. But he also pointed out how the nation is in desperate need of more pipeline transportation of …

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Government predicts 40% jump in natural gas prices this month and next

  If a prediction from the U.S. Energy Information Administration is accurate, natural gas users better hang on tight for the next two months. Natural gas prices, based on an EIA study, will skyrocket 40%. EIA raises natural gas price forecast following increased heating demand amid severe winter weather Natural gas prices rose sharply in …

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Harold Hamm says Continental Resources isn’t leaving OKC

  With the impending departures of Expand Energy and Devon Energy, firms moving their headquarters to Houston, it leaves one major oil and gas firm in Oklahoma City—Continental Resources. The company founded by Harold Hamm is still considered the largest privately held oil and natural gas producer in the world. In addition to being the …

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