Data source: U.S. Energy Information Administration, Electric Power Annual 2024 Data values: Distribution System Reliability, Reliability metrics of U.S. distribution system U.S. electricity customers experienced an average of 11 hours of electricity interruptions in 2024, or nearly twice as many as the annual average experienced in the decade before, according to the EIA’s Electric Power Annual 2024 report. Major events …
Category: Oil & Gas
ONG out with a financial guidance and 5 year growth rates
ONE Gas Releases 2026 Financial Guidance and Updates Long-Term Growth Outlook Improved earnings are included in a ONE Gas, Inc. financial guidance for 2026 released this week. The guidance included an update on its five-year growth rates, including raising its long-term diluted earnings per share growth rate to 5% to 7%, from 4% to 6% …
Energy Brief: TSA ID Fee, Targa Deal and Exxon Hydrogen Exit
TSA Rolls Out $45 Identity Verification Option for Travelers The Transportation Security Administration (TSA) announced that beginning February 1, 2026, any passenger who does not present an acceptable form of ID but still wants to fly will have the option to pay a $45 fee to complete identity confirmation through its modernized system, TSA Confirm.ID.Under …
EIA Reports CO2 Emissions Slip in August 2025
EIA Reports CO2 Emissions Slip in August 2025 A new update from the U.S. Energy Information Administration (EIA) shows a slight decline in carbon dioxide (CO2) emissions tied to U.S. energy consumption. The agency released the data in its Monthly Energy Review (MER), offering preliminary estimates for August 2025. CO2 Emissions Dip as Energy Use …
Congressmen propose big fines for oil pipeline leaks
Bipartisan Bill Seeks Higher Penalties After Twin Oaks Pipeline Leak A jet fuel leak from the 66-year-old Twin Oaks pipeline in Pennsylvania—owned by Sunoco, a subsidiary of the Dallas-based pipeline company Energy Transfer—has triggered a bipartisan push in Congress to increase federal penalties on oil pipeline leaks. The incident, which occurred earlier this year, led …
More Rate Increases, $1.4B of OGE, PSO 2021 Winter Storm Bonds Challenged at OK Supreme Court
Just as Oklahoma Gas and Electric had a pre-Thanksgiving surprise for Oklahoma Corporation Commissioner Todd Hiett in requesting his recusal from its rate cases, three legislators had one for the utility. It involved ratepayer backed bonds stemming from the 2021 Winter storm securitization law that landed billions of dollars onto consumers by …
Oil prices rose on OPEC+ decision
Oil Prices Rise $1 After OPEC+ Holds Output Steady Crude oil prices moved higher on Monday after OPEC+ leaders reaffirmed their plan to hold oil output steady through the first quarter of 2026. The decision renewed concerns about global supply, even as analysts continued to warn about too much oil on the market. West Texas …
State’s oil plays still see lots of rig activity
Oklahoma Rig Activity Holds Steady as U.S. Sees Sharper Declines Oklahoma’s oil and gas activity held mostly steady in the latest Baker Hughes rig count, showing only a minimal shift even as several major U.S. basins experienced notable declines. Oklahoma Play-by-Play Oklahoma recorded 41 active rigs, down by just one from the previous week. Even …
Energy Brief: U.S. Grid Risks & Data Center Expansion
Energy Brief: U.S. Grid Risks & Data Center Expansion A U.S. House committee will examine electric-grid vulnerabilities — Lawmakers seek bipartisan solutions for reliability threatsA congressional committee will hold a hearing this week on potential grid weaknesses, an issue that could generate rare bipartisan agreement as both parties acknowledge rising reliability concerns driven by extreme …
OGE wants Commissioner Hiett to recuse himself from cases
At one time Oklahoma Gas and Electric was a supporter of Oklahoma Corporation Commissioner Todd Hiett during his campaigns for office. But a recent filing with the Corporation Commission indicated the utility used its sword of power to sever all relations with the Republican regulator who voted recently against OGE’s request for new generation …