ONE Gas Chair John Gibson Retires; Hersman Named Successor ONE Gas, Inc. announced that John W. Gibson, 73, will retire from the board and as chair after the Company’s Annual Meeting for Shareholders next May and be replaced by the former chair of the National Transportation Safety Board. Gibson has served as chair since ONE …
U.S. ENERGY Maine regulators deny CMP rate increase Maine regulators rejected a proposed Central Maine Power rate hike that would have increased the average monthly bill by $35. Regulators directed CMP to submit a new plan that better considers impacts on consumers. Federal investigators outline Key Bridge collapse Federal investigators detailed what caused the Francis …
Sapulpa Pipe CEO Arrested on $66M Federal Fraud Charges Federal authorities arrested Derek Wachob, the CEO of the oil and gas pipeline supplier based in Sapulpa, on charges of federal wire fraud. The U.S. Attorney’s Office in the Southern District of New York confirmed the arrest and explained the charges were that Wachob, 53, had …
U.S. rig counts remain low as production efficiencies improve Data source: Baker Hughes Company Note: Excludes any miscellaneous rigs The average number of active rigs per month that are drilling for oil and natural gas in the U.S. Lower 48 states has declined steadily over the past few years from a recent peak of 750 rigs …
Crude oil prices rose more than $1 a barrel or 1% in Tuesday’s trading as investors and traders considered the impact of U.S. sanctions on Russian oil flows. Additionally, President Trump’s announcement that his administration has begun interviewing for the next Federal Reserve chair added another layer of market movement. Crude Oil Prices Rise on …
Residents Gather to Discuss Energy and Data Center Growth Stillwater was the site recently of a town hall meeting where data centers and the spread of green energy projects dominated the discussion. Attendees raised questions, voiced concerns, and sought clarity on how rapidly evolving energy and technology projects could affect Payne County. The Stillwater Press …
Wildlife Advocates Mobilize Against 35-Acre Oil Project Wildlife advocates in Colorado are attempting to stop a proposed 35-acre oil well project, fearing it will put the vulnerable northern leopard frog at risk. The project site, located near Aurora Reservoir, has become a flashpoint as residents and scientists push for stronger protections for a species considered …
Regulators Approve Major Generation Projects Without CWIP Oklahoma Gas and Electric notified the Securities and Exchange Commission that Oklahoma regulators approved hundreds of millions of dollars in new energy projects. The utility filed a Current Report on Form 8-K after the Oklahoma Corporation Commission issued its order late last week. However, state regulators rejected OG&E’s …
New Report Predicts Explosive Load Growth by 2030 Imagine the impact of data centers popping up across the United States — including almost three dozen in Oklahoma — each one pulling enormous amounts of electricity. A new report released Tuesday by Grid Strategies warns that utilities nationwide will see unprecedented increases in power demand in …
Gann Cites Former Commissioner Bob Anthony’s Opinions Rep. Tom Gann, the Republican legislator from Inola who is challenging Oklahoma Corporation Commission rate hike decisions before the State Supreme Court, this week reached back to opinions offered by a former regulator to challenge PSO’s $1.2 billion in energy improvement projects. Gann, in filings on Monday in …
