“I think Bob is the most honest public official that Oklahoma has ever had—“ With the swearing in of Brian Bingman as the newest Oklahoma Corporation Commissioner, the state capitol said goodbye to Commissioner Bob Anthony, a 36-year regulator known for his keen desire for honesty. The honesty was reflected in his last official …
Category: Oil & Gas
Energy briefs
** Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration succeeds in kicking off a drilling boom. Enbridge, which delivers about 5.8 million barrels of crude and liquids a day across North America, would focus on moving more oil out of the Rockies and …
Oil and gas play drilling activity remains steady
The Eagle Ford oil and gas play of South Texas recorded the largest decline of drilling rigs in the past week, based on the latest Baker Hughes rig report. The Eagle Ford count dropped by two to 43 rigs. The D-J Niobrara count slipped by one to 6 rigs and the Marcellus play …
Mitchell talks energy with Jerry Bohnen about Bob Anthony’s parting shot at the Corporation Commission
Corporation Commissioner Bob Anthony claims he uncovered more wrongdoing when it comes to the 2021 Winter Securitization Act used by utilities to extend their storm costs to ratepayers for 25 years or more. He didn’t hold back in his last filing as a state regulator and of course, it was a topic of discussion …
Anthony says he uncovered more wrongdoing in Corporation Commission’s winter storm bond use
In one of his last filings as a Corporation Commissioner following 36 years in the elective-statewide office, Bob Anthony stated he believes he has uncovered more evidence of wrongdoing regarding the bond securitization used by utilities following the 2021 Winter Storm Uri. He also accused Commissioner Todd Hiett and General administrator Brandy Wreath, who …
More sanctions against Russia sent crude oil prices up on Friday
Rallied by more U.S. sanctions targeting Russian oil and gas revenue, crude oil prices gained nearly 3% on Friday while prices in the U.S. hit their highest level in 3 months. The sanctions issued Friday by the Biden administration went after Russian oil producers, tankers, intermediaries, traders and ports, all with the goal of …
Rig numbers declined nationally but were unchanged in Oklahoma
The latest Baker Hughes rig report showed Oklahoma’s count as of last week was still 43, same as the previous week. It is also the same number reported in the state a year ago. Nationally, Baker Hughes recorded a drop of 5 rigs to 584 including a decline of two oil rigs leaving 480 …
Texas tops in wind and solar farm production
While some Oklahomans are fighting the growth of renewable energy projects in the state, Texas ranks as the state with the most development of wind and solar projects in the U.S. Information from the U.S. Energy Information Administration showed Texas not only has 42,000 megawatts of wind power, 22,000 megawatts of solar farms and …
Energy briefs
** The number of faults on the power grid near three of the major Los Angeles County fires skyrocketed in the hours before the blazes began, according to a company that monitors electrical activity. Bob Marshall, the chief executive of Whisker Labs, said in an interview with The Times that the areas near the Eaton, Palisades and Hurst …
Cold weather behind Thursday’s gain in crude oil prices
The cold weather in the U.S. and Europe sent crude oil prices climbing by more than 1% on Thursday. Demands for winter fuel were behind the increase. Gains came one day after both benchmarks fell 1% on Wednesday. West Texas Intermediate crude rose 84 cents or 1.15% to settle at $74.16 a barrel on …





