Despite a $114 million or 85 cent a share loss in the third quarter, Nick Dell’Osso, Expand Energy’s President and Chief Executive Officer called it a strong quarter. Nearly a month after Chesapeake Energy’s merger with Southwest Energy was completed, the company released its third quarter earnings report showing $422 million in net …
Oklahoma Corporation Commissioner David was elected this week to serve as an officer on a Regional State Committee of the Southwest Power Pool, the 14-state electric grid that includes Oklahoma. She was chosen secretary/treasurer at the groups’ quarterly meeting held in Little Rock, Arkansas. Her new term on the Regional State Committee will begin …
A day after crude oil prices dropped more than 6%, they still suffered a decline on Tuesday but only a small one. After word spread that perhaps there might be a de-escalation of Israel’s Lebanon offensive, prices edged lower. To some energy traders, it might have been a sigh of relief. US benchmark, West …
Oklahoma Corporation Commissioners could sign off on the latetst rate hike requested by Oklahoma Gas and Electric….the $126.6 million increase that originally started as a $332.5 million increase filed last year. Commissioners will meet Wednesday to consider the issue (PUD2023-000087) that saw several consumer groups oppose the original request for a nearly 14% increase …
Brace for bigger and more transmission projects in the coming years from the Southwest Power Pool. After more than two years of studies, the SPP is moving ahead with $7.7 billion in transmission projects. It is considered the largest portfolio of such projects in the history of the SPP, the 14-state electric grid that includes …
Oklahoma Attorney General Gentner Drummond’s recent response to a judge’s decision to grant summary judgment in the lawsuit challenging Oklahoma’s anti-ESG act raised some questions whether his comments were political in nature. In a press release made after Oklahoma County District Judge Sheila Stinson granted the summary judgment in Don Keenan’s lawsuit, Drummond …
Reports by Arkansas Business and the Arkansas Democrat-Gazette show state regulators reopened the nearly $88 million rate hike proposed by Summit Utilities. It means the Public Service Commission will continue searching for information from Summit and its attempt to increase rates by an average of another $15.43 a month or 23% on residential …
A most interesting development exists in northwest Oklahoma when it comes to gasoline prices. Woodward is an island of low gasoline prices and surrounded by some of the highest averages in the state. The average price for a gallon of regular gasoline in Woodward County is $2.64 while surrounding counties are more than $3 …
** Heating and cooking with natural gas stoves is not associated with asthma in children or adults according to a major study published in The Lancet medical journal and funded by the World Health Organization (WHO). The study conducted an extensive meta-analysis and examined the health risks of cooking or heating with natural gas compared to …
In a column this week, Oklahoma Congresswoman Stephanie Bice lamented how the U.S. has become more dependent on foreign countries for energy resources. Seeking a third term in the U.S. House, Rep. Bice (R) put much of the blame on the Biden administration and its miscues in energy policies. Below is her entire column: …
