Because of the continued geopolitical risks and possible supply disruptions in Iran and Venezuela, crude oil prices recorded increases in Tuesday’s trading and US crude topped $60 a barrel. Oilprice.com reported protests in Iran have resurfaced as a market concern, reviving long-running questions about internal stability in a country that remains a sizeable OPEC producer …
** President Trump praises the AI boom, but calls for data center builders to “pay their own way” in a social media post. ** A federal judge overturns the Interior Department order halting construction on the nearly-complete Revolution Wind, which the Trump administration targeted in December along with four other wind projects. ** A federal …
President Donald Trump has joined those who believe data center developers should have the responsibility of producing their own power rather than relying on increased rates of customers of power providing utilities. His public comments this week echoed a move by Rep. Brad Boles,R-Marlow, who filed a bill to protect ratepayers from the power …
Former Public Regulation Commissioner Targets Power Prices, Policy Direction Former New Mexico Public Regulation Commission member James Ellison announced his candidacy for governor, launching a Republican campaign centered on energy affordability, electricity rates, and economic development. Ellison, who previously served as a regulator overseeing utilities and energy markets in the state, said Democratic-led energy policies …
NPC Report Warns Permitting Bottlenecks Threaten U.S. Energy Reliability Study urges predictable, time-bound permitting reform to meet rising demand America’s rapidly growing energy demand is colliding with outdated permitting processes, creating infrastructure bottlenecks that threaten reliability, increase consumer costs, and slow economic growth, according to a new study released by the National Petroleum Council (NPC). …
SPP hires former WECC executive to lead state regulatory strategy The Southwest Power Pool (SPP) has created a new executive position to support its westward expansion and appointed a veteran regulatory and grid-policy leader to fill the role. SPP, which operates the electric grid across 14 states including Oklahoma, announced the hiring of Kristine Raper …
Devon Energy Sets Feb. 17 Release for Fourth-Quarter Earnings Oklahoma City-based Devon Energy is preparing to release its fourth-quarter and full-year 2025 earnings following what company leaders described as their strongest performance of the year during the third quarter. Devon announced it will report fourth-quarter 2025 financial and operational results after the close of U.S. …
Oil Prices Hit Seven-Week Highs as Iran Unrest Fuels Market Crude Advances as Geopolitical Risks Rise Crude oil prices climbed to seven-week highs on Monday, supported by growing geopolitical concerns tied to Iran’s oil exports and broader unrest in the Middle East. Natural gas prices also surged, posting a nearly 7% gain in the session. …
While Oklahoma confronts efforts to expand the construction of data centers, Virginia remains the king of data centers nationwide—-an astounding more than 600 in operation while the state prepares to house nearly 1,100. The state is clearly leading the country when it comes to data centers — both the number already operational and the tally …
U.S. Oil Leaders Express Reluctance on Venezuela Investment Despite President Donald Trump’s push to involve American energy companies in Venezuela following the U.S. capture of the country’s president, Oklahoma oil executives and major U.S. producers signaled deep skepticism about returning to the South American nation. Oklahoma City oilman Harold Hamm, founder of Continental Resources, stopped …
