EIA Winter Fuels Outlook Highlights Steady Costs The U.S. Energy Information Administration (EIA) released its 2025 Winter Fuels Outlook, predicting that heating costs across the nation—including Oklahoma—will vary based on fuel type. The report shows that most natural gas users will see similar bills to last winter, while electric heating households may pay slightly more. …
Category: Oil & Gas
Oil/gas rig numbers climb in Oklahoma and US
Rig activity rises across Oklahoma Oklahoma drilling picked up again this week. The state added two rigs, lifting the total to 42. Crews focused on western Oklahoma, where operators continue to chase liquids-rich rock. Field chatter pointed to activity in the Cana Woodford and Granite Wash. STACK and SCOOP also showed steady work. The national …
Only a slight gain in Friday’s crude oil prices
Oil Prices Post Modest Rebound but End Week in Decline Crude oil futures ended Friday with minor gains, but the weekly picture showed another steep drop. Brent crude futures rose 23 cents, or 0.38%, closing at $61.29 a barrel. West Texas Intermediate (WTI) crude edged up 8 cents, or 0.14%, to settle at $57.54 on …
Another CWIP filing could hit OGE ratepayers
While Oklahoma Gas and Electric was the first utility in the state to use a new law allowing construction costs to be passed along to ratepayers during the building of natural gas projects, it is involved in the first use of another new energy law. Its economic impact on ratepayers is also tied …
Mitchell talks energy with Jerry Bohnen—the nuke study and the OGE CWIP battle
https://www.facebook.com/reel/1436787667426741 What’s brewing in energy news at the capitol? How about a nuclear energy study in Oklahoma and still more talk about C-WIP or Construction Work in Progress? They’re hot topics in our latest podcast of Scott Mitchell talks energy with Jerry Bohnen.
Crude oil, gas and OK energy stocks suffered more losses Thursday
Another day and another drop in crude oil prices. This time, it was a 1% drop and the fall came after news that President Trump said he will meet soon with Russia’s Vladimir Putin in Hungary to talk about ending the war in Ukraine. Any talk of an end to the war creates uncertainty …
WalletHub study says Oklahoma isn’t very energy efficient
When it comes to the energy-efficiency of states in the U.S., Oklahoma ranks 34th in a WalletHub study while South Carolina, West Virginia, Alabama, Mississippi, Arkansas and Tennessee are considered the least energy-efficient. Who’s considered to be the most energy efficient? Vermont, California, Washington, New York and Massachusetts, in that order. WalletHub contended …
Williams Cos. waits on a New Jersey pipeline decision
Williams Cos. awaits a decision from New Jersey regulators on its request for approval of its Northeast Supply Enhancement (NESE) pipeline project . The Oklahoma-based company complied with a recent September 25 deadline at the New Jersey Department of Environmental Protection. Before Williams can move ahead with the pipeline project, it will need …
ONEOK 3Q dividend unchanged from 2Q
A dividend of $1.03 per share was announced this week by ONEOK, the utility company headquartered in Tulsa. The firm’s board of directors approved the quarterly dividend which, on an annual basis, figures to be $4.12 a share. It is also unchanged from the second quarter dividend. As the firm announced, the dividend …
Consumers wait for next step in OGE’s controversial CWIP request
After two days of hearing legal challenges and claims regarding a request of Oklahoma Gas and Electric Company to pass along construction costs of natural gas-related projects, an Oklahoma Corporation Commission Administrative Law Judge and commissioners will sometime soon have decisions to make. The costs are based on the controversial law stemming from SB998, …