The rush of data centers and manufacturing around the U.S., including in Oklahoma, is resulting in growing energy prices. When the Oklahoma Corporation Commission approved an acquisition of the Green Country natural-gas powered plant in the Tulsa area, part of the decision was based on the ability to meet the growing need of electricity …
More examples of bad politics impacting your utility rates. They are discussed in the latest podcast of Scott Mitchell talks energy with Jerry Bohnen. But what about the Oklahoma impact of the President’s latest tariff agreement with the European Union?
Oklahoma Congressman Josh Brecheen called it “great news.” He supported the recent decision by Transportation Secretary Sean Duffy to withdraw the proposed Federal Motor Carrier Safety Administration rule requiring speed-limiting devices for truck drivers. It was called the speed limiters rule and was introduced in 2022 by the Biden administration’s FMCSA which said it …
The interim legislative studies announced recently by House Speaker Kyle Hilbert include long, hard looks at a number of energy issues in Oklahoma including eminent domain for transmission line development, sustainable aviation fuel refining and the impact of data centers on water sources. They are among 152 such studies that legislators will study …
Oklahoma’s oil and gas drilling activity held steady for another week, based on the latest rig count from Baker Hughes. The state’s count of 42 rigs was unchanged from a week earlier and was stronger than the total of 35 rigs reported one year ago. None of Oklahoma’s oil and gas plays reported …
(Reuters) Oklahoma could have a direct role in the historic trade agreement reached by President Trump with European Commission President Ursula von der Leyen, one that gives the EU a $750 billion energy commitment with the U.S. Few details of the energy impact are available but this much is known. As a result …
Lower crude oil prices on Friday left West Texas Intermediate crude down 3% and Brent crude down 1% for the week. Traders and investors were worried about negative economic news from both the U.S. and China, in addition to more signs of a growing supply. West Texas Intermediate fell 87 cents for the …
Data source: Bloomberg L.P. Note: Annualized percentage, a widely used trading measure of price volatility, is the standard deviation for the previous quarter of daily changes in the Henry Hub front-month futures price multiplied by the square root of 252 (number of trading days in a year) multiplied by 100. Percentages are averages for that period. 1Q25=first quarter of …
The recent departure of Oklahoma Deputy Attorney General Chase Snodgrass resulted in a change of state attorneys representing the Corporation Commission in the lawsuit filed by three state legislators challenging the votes of Commissioner Todd Hiett. Snodgrass resigned to take a position with an Oklahoma City law firm and his departure was explained …
After a large jump in oil and rigs last week across the U.S. the industry saw a decline this week, according to the latest Baker Hughes rig count released on Friday. The U.S. total fell by two to 542 rigs while Oklahoma’s count was unchanged. The nation’s decline included a drop of 7 …
