Oklahoma Gross Production Taxes Fall 56% in November Oklahoma’s November tax revenues saw a modest gain overall, but the state’s gross production taxes on oil and gas dropped sharply compared to last year. Gross Production Taxes Plunge More Than 56% State Treasurer Todd Russ reported that gross production revenue fell by $37.5 million, a 56.2% …
U.S. POLICY • Trump Administration Ends Biden-Era Fuel Economy RulesPresident Trump rolled back fuel economy rules that he claims created an “EV mandate” after former President Joe Biden imposed stricter fuel economy standards last year. Trump said the administration was officially terminating Biden’s “ridiculous” CAFE rules, claiming car prices would come down in response to …
Coalition Demands Air Monitoring, Health Protections After Artesia Refinery Explosion The HF Sinclair refinery explosion in Artesia continues to spark intense concern across southeastern New Mexico, as community groups demand immediate action from state regulators. In the days following the Oct. 31 blast, which injured three workers and shook nearby neighborhoods, the Permian Basin Climate …
https://www.facebook.com/reel/1755876675076568 The biggest energy story in Oklahoma in 5 years is baaaaack. Yes, 2021 Winter Storm Uri and what it did to consumers’ utility bills. At the same time, Scott Mitchell and Jerry Bohnen are back with their “Mitchell talks energy with Jerry Bohnen” podcast. From billions in bonds and increased utility rates to …
U.S. Extreme weather strains grid reliability rules Extreme weather is making the grid more prone to outages — and now FirstEnergy’s three Ohio utilities want more leeway on their reliability requirements.Put simply, FirstEnergy is asking the Public Utilities Commission of Ohio to let Cleveland Electric Illuminating Co., Ohio Edison, and Toledo Edison take longer to …
Supporters of President Donald Trump are no doubt celebrating after he promised to lower the cost of gasoline in the U.S. That’s because gas prices have dropped below $3 a gallon for the first time since 2021, according to the two major gasoline-watching groups, GasBuddy and AAA. GasBuddy recorded the new average is …
Mammoth Energy Finalizes $30 Million Sale of Aquawolf to Qualus Mammoth Energy Services, Inc. announced that its subsidiary, Mammoth Energy Partners LLC, completed the sale of all equity interests in its wholly owned subsidiary Aquawolf LLC to Qualus, LLC for a total sales price of $30 million. The transaction marks another step in Mammoth’s ongoing …
Colorado Gas Utilities Ordered to Cut Emissions 41% by 2035 State Regulators Impose Stricter Mandate Than Agencies Recommended Companies that supply Colorado homes and businesses with natural gas have been hit with new emission requirements forcing them to cut carbon pollution by 41% from 2015 levels. The Colorado Public Utilities Commission voted 2–1 last month …
The feud between Oklahoma Gas and Electric and Corporation Commissioner Todd Hiett could come to a head Thursday when the commissioners meet to discuss the utility’s request for Hiett to recuse himself from its rate case for expanded electric generation projects. The recusal request, filed before Thanksgiving, accused Hiett of impartiality against OGE and …
Crude oil prices dropped 1% on Tuesday as word spread about a possible shaky Russia-Ukraine peace deal. It affected natural gas prices and Oklahoma energy stocks with a negative impact. The markets didn’t like what they heard as Russian President Vladimir Putin met with U.S. President Donald Trump’s special envoy Steve Witkoff and son-in-law …
