Oklahoma Corporation Commissioners followed through Wednesday with formal approval of a more than $12 a month rate hike temporarily implemented last October for customers of Public Service Company. But the AARP didn’t like it and chastized the commission for its vote. PSO’s original request of $218 million, filed in 2023, was eventually negotiated down …
When Donald Trump’s pick to head the U.S. Energy Department, Chris Wright, went before the Senate Energy committee in his confirmation hearing, he made it clear his top priority and first priority will be to expand domestic energy production and it will include liquefied natural gas and nuclear power. The 60-year old Wright, head …
A new federal government report showed the amount of crude oil in storage across the U.S. shrunk by nearly 2 million barrels as of the week of Jan. 10 of this year. The U.S. Energy Information Administration reported the U.S. total was 412.7 million barrels as of the most recent reporting week, a decline …
Just because Oklahoma oiland gas billionaire Harold Hamm was quiet during the most recent Donald Trump presidential campaign doesn’t mean he’s not going to celebrate hardy in the upcoming inauguration. Hamm, once a vocal and vociferous supporter of Trump in his 2016 campaign, plans to host what is described as an “exclusive” inauguration watch …
What can we expect from 2025 regarding oil prices, production and the consumption of electricity? The U.S. Energy Information Administration is out with its forecast. Global oil prices. We expect downward oil price pressures over much of the next two years, as we expect that global oil production will grow more than global oil …
Elgin State Sen. Dusty Deevers has been one busy legislator pre-filing several bills before the state of the legislative session. His latest is a bill to protect the rights of Oklahomans to own, operate and manufacture diesel engines without meeting EPA regulations. His SB457 the Diesel Engine Freedom Act is described as a landmark …
A Permian basin energy company recently was recognized for its efforts to protect and maintain the nighttime environment. Three Franklin Mountain Energy sites in Lea County, New Mexico were classified as DarkSky Certified and are the first oil and gas sites in the world to get the distincition. What’s a DarkSky certification? It’s …
** The U.S. automotive industry saw a record number of electric vehicles sold in 2024, with 1,301,411 units breaking last year’s record with a 7.3% year-over-year increase. A record fourth quarter saw 365,824 units sold in the U.S., despite some weakness from sector leader Tesla Inc (NASDAQ:TSLA). Fourth-quarter EV sales were up 15.2% year-over-year in the U.S., as reported by Cox Automotive’s …
After a few days of gains, crude oil prices fell more than 1% on Tuesday’s trading following a government forecast of steady U.S. oil demand in 2025. New U.S. sanctions announced last Friday on Russian oil exports to India and China limited some of the tumble in prices. The drop in prices came after …
Oklahoma Corporation Commissioners will meet Wednesday to consider two issues that will affect ratepayers and the public. One is a $120 million rate hike requested by Public Service Company of Oklahoma and the second is the creation of rules regarding an act that allows regulators to meet without notifying the public to discuss …
