** The U.S. Supreme Court declines to hear an appeal in a case that will prevent utilities from issuing certain customer surcharges that will save ratepayers about $400 million by 2031. ** In a speech at the United Nations’ COP30 climate summit in Brazil, California Gov. Gavin Newsom criticizes the Trump administration’s absence from the …
Category: Oil & Gas
Data centers and where should they be built
A new study that focused on where data centers should be built across the U.S. cautioned that the net zero promises of tech companies aren’t likely to hold up against the energy and water needs of the massive facilities. Published in the journal Nature Communications, the study also showed pluses and minuses when it comes to …
Tribe continues fight over Dakota Access Pipeline
(Photo by Scott Olson/Getty Images) More than five years after protesters joined the Standing Rock Sioux Tribe in the battle against the Dakota Access Pipeline and staged demonstrations and live-ins at the site in North Dakota, the tribe is far from finished with its fight. It filed new court documents contending a federal judge …
Crude oil down—WTI slips further into the 50s
A day after making gains, crude oil prices fell more than $2 a barrel on Wednesday, thanks largely to an OPEC report indicating global oil supply will match demand in 2026. Reuters reported the Organization of the Petroleum Exporting Countries noted that world oil supply would match demand next year due to the wider …
Legislator argues “coverups must end” at the Corporation Commission
In making his latest challenge to an Oklahoma Corporation Commission decision granting a rate hike for Public Service Company of Oklahoma, Rep. Tom Gann says if the Supreme Court rules in his favor, it would mean the rate hike increase order was void along with others. He called the circumstances in the case …
PSO Foundation Donates $125K to Fight Oklahoma Hunger
PSO Foundation Expands Statewide Food Security Efforts The Public Service Company of Oklahoma (PSO) Foundation announced a combined $125,000 donation to two nonprofit organizations addressing food insecurity and supporting vulnerable families across Oklahoma. The grants include $50,000 to Food On The Move and $75,000 to The Salvation Army, reinforcing PSO’s commitment to community well-being and …
Consumer Groups Challenge OGE’s CWIP Rate Request
OIEC and AARP Renew Opposition to OG&E Request Two consumer groups fighting Oklahoma Gas and Electric (OG&E) over its plan to use a controversial new law to make ratepayers fund energy expansion projects while under construction have renewed their arguments that the request should be denied. In a filing with the Oklahoma Corporation Commission (OCC), …
Oil, gas and OK energy stocks made gains on Tuesday
Crude oil, natural gas and Oklahoma energy stocks recorded gains in Tuesday’s trading, the result in part because of optimism about the potential end to a U.S. government shutdown along with the impact of the latest U.S. sanctions on Russian oil. Russia’s Lukoil declared force majeure at an Iraqi oilfield it operates, sources told …
Energy briefs
** FirstEnergy wants to add $108 million to the rates paid by customers of its Ohio utilities so the company can avoid taking a loss for a corporate accounting foul-up flagged repeatedly in audits by state and federal utility regulators. A 2022 audit by the Federal Energy Regulatory Commission found that FirstEnergy’s subsidiaries may have mischarged customers for corporate …
Most of the world’s natural gas comes from the U.S.
Data source: U.S. Energy Information Administration, International Energy Outlook and Short-Term Energy Outlook The United States produced 104 billion cubic feet per day (Bcf/d) of natural gas, 75% more than the world’s second-largest natural gas producer, Russia, in 2023, the most recent year for which we have comprehensive worldwide data on natural gas production. The United States has …