The turmoil in the Middle East, with thousands of air attacks by U.S. and Israeli warplanes and missiles on Iran and Iran’s retaliatory response on neighboring countries prompted another gain Tuesday in crude oil prices. The Strait of Hormuz in the Persian Gulf was closed because of Iran’s missile attacks on the narrow stretch of …
Category: Oil & Gas
Corporation Commissioner Kim David commends President Trump’s Ratepayer Protection Pledge
Oklahoma Corporation Commission (OCC) Chairman Kim David commended President Donald J. Trump for his leadership in announcing a national “Rate Payer Protection Pledge” during his February 24 State of the Union Address, an initiative aimed at ensuring that large energy users such as data centers supply their own power and do not shift infrastructure costs …
Energy briefs
** Crude oil prices are at their highest levels since the military campaign against Iran after climbing again overnight and this morning. The Energy and Treasury Departments will begin rolling out new efforts today to address energy price increases from the Iran conflict, Secretary of State Marco Rubio said. ** AES Corp.’s share price dropped …
OGE fights for CWIP charges at power plant
Oklahoma Gas and Electric finds itself in a fight over the state’s new law allowing Construction Work in Progress on expanded energy projects. A possible vote could be taken Thursday when the case comes before Oklahoma Corporation Commissioners. OG&E’s request to apply the CWIP law, one created by the controversial SB998 which was opposed …
Pipeline might replace cancelled Keystone line
Powder River Basin Could See Major Pipeline Expansion Project Eastern Wyoming’s Powder River Basin, an area where Oklahoma oil and gas operators, including Devon Energy, are busy, could seen a new pipeline project that some say would be a replacement for the cancelled Keystone XL pipeline. The new proposal by Casper-based Bridger Pipeline, would be …
Middle East war hits gas prices in Oklahoma and the U.S.
Oklahoma Gasoline Prices Spike as Iran Conflict Disrupts Oil Shipping Oklahomans are starting to quickly feel the impact the U.S. and Israeli military attacks on Iran are having on them in the form of rapidly rising gasoline and diesel fuel prices. Within one day this week, gasoline prices rose as much as 27 cents per …
Arkansas Oklahoma Gas files rate hike notice
Arkansas Oklahoma Gas Files Notice of Intent for Oklahoma Rate Adjustment While Oklahoma Natural Gas filed a recent rate hike request with Oklahoma regulators, so did another gas supplier in the state. Arkansas Oklahoma Gas Corporation, headquartered in Fort Smith, Arkansas and providing service to nearly 60,000 customers in the two states, recently filed a …
Energy Briefs: Offshore wind, LNG, solar lawsuit
Offshore wind policy and fossil fuel permitting reforms ** Oil lobbyists are asking Trump to back off his attacks on offshore wind, saying his hostility could delay energy permitting reforms that would benefit fossil fuel companies. ** The Trump administration and Westinghouse are reportedly meeting with utilities and nuclear developers as Trump aims to get …