Category: General

Look for US electricity consumption to grow beyond 2024’s all-time high

    A new government report says the amount of electricity used in the U.S. will grow this year and in 2026 and beat the all-time high reached in 2024. The prediction, made in the Short-Term Energy Outlook from the U.S .Energy Information Administration contrasts with the trend of relatively flat electricity demand between the mid-2000s …

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Williams to create another gas pipeline extension in Virginia

    The decision by Williams Companies to construct another pipeline expansion in Virginia has grabbed local headlines there. As explained by Williams President and CEO Alan Armstrong during the Tulsa-based company’s quarterly earnings call, the Transco line expansion will serve “the power-hungry Virginia market.” He referred to the growth of data centers throughout the …

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Vital Energy releases 1Q earnings report with surprise earnings

Vital Energy’s  first-quarter 2025 financial and operating results included a surprise as its $2.37 earnings per share beat the $2.11 per share estimate given by analysts. It beat the $1.91 in earnings per share the Tulsa company had a year ago. As a result, Vital’s earnings were up 12.32%. The firm reported a net loss …

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Colorado Supreme Court says Boulder can sue oil companies over climate change

    Boulder, Colorado’s lawsuit against two fossil fuel corporations over alleged local harms caused by climate change is being allowed to move ahead following a decision by the Colorado Supreme Court. By 5-2, the Supreme Court concluded federal law did not preclude the local governments from raising state-level claims of nuisance, trespass, unjust enrichment …

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Senate failure on winter storm bill leaves author upset

  The failure of the Oklahoma Senate to bring  House Bill 1220 up for a full chamber vote before Thursday’s floor deadline disappointed Sen. Lisa Standridge, R-Norman. “I’m deeply disappointed that Senate leadership didn’t see fit to bring this important bill up for a floor vote,” Standridge said. HB 1220 would protect utility ratepayers by …

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GOP Representatives move to fund refilling of Petroleum Reserve

  Republicans in the U.S. House have filed a bill to fund the refilling of the Strategic Petroleum Reserve which was drastically lowered in the Biden administration. The bill is named the Budget Reconciliation Bill and includes the funding to start the refilling of the SPR which was one of the key promises made by …

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Crude prices made gains on Monday

    Crude prices recorded gains on Monday after the U.S. and China trade talks gave strong suggestions of progress. Oklahoma energy stocks followed suit with several firms making 5% and 6% gains for the day. Investors feel optimistic that the world’s two largest crude users might be close to a resolution in their trade …

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Wit displayed in creative vetoes by Gov. Stitt

  While Oklahoma utilities and some legislators wait to see if the governor will sign their measure into law allowing utilities to pass costs along to ratepayers while construction projects are in progress, the governor has a long list of measures already vetoed. Oklahoma Gov. Kevin Stitt has shown he can be not only blunt …

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Corporation Commissioners anxious about fate of energy bill

  Oklahoma Corporation Commissioners await word from Gov. Kevin Stitt whether he will go ahead and let a controversial energy bill become law or veto the measure some contend will lead to higher electrical rates while opponents argue otherwise. Commissioners are hoping he vetoes SB998, the measure that includes a CWIP or “construction while in …

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Broadband service expansion marked in Washington County

  Four projects totaling over $4.5 million for high-speed internet expansion in two counties were officially launched Friday morning in Vera by the Oklahoma Broadband Office (OBO) and internet service provider Totah Communications. The projects, funded through $2.5 million in federal grants administered by the OBO coupled with $2 million in matching contributions from Totah, …

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