The three legislators seeking help from the courts in prohibiting Oklahoma Corporation Commissioner Todd Hiett from voting on rate cases for PSO, OGE, ONG aren’t giving up. Reps. Tom Gann, R-Inola; Kevin West, R-Moore; and Rick West, R-Heavener, filed an appeal Dec. 19 with the State Supreme Court over the commission’s $127 million rate …
Green power company, Enel Green Power plans on appealing a federal judge’s ruling ordering Enel to remove 84 wind turbines built without permission in Osage County. The judge gave the company one year to remove the turbines, a move that Enel estimates will cost $300 million. “Although we respect the decision of …
The growth of data centers and AI across the U.S. will result in their increased demand for electricity in the next few years and the Department of Energy predicts it will triple by 2028. It also claims renewable energy will be able to meet the demand. Demand already tripled in the past decade …
The recent increase in turnpike tolls in Oklahoma prompted Norman Sen. Lisa Standridge to file a bill to give the legislature more say in such decisions. Her Senate Bill 80, according to a release by the Senator, would increase transparency and public involvement in the Turnpike Authority’s projects. The proposed bill would establish clear …
** Environmental groups file a lawsuit accusing California regulators of failing to assess or alleviate potential environmental impacts of increased biofuel use expected under updates to the state’s low-carbon fuel standard. ** For the first time in U.S. history, wind and solar generated more electricity than coal during the first 11 months of 2024, according to data from a …
The gains made by crude oil prices on Friday were small enough to declare that they held steady in trading. Oklahoma energy stocks took advantage to record gains. Analysts explained Chinese demand and interest rate-cut expectations played a role, according to Reuters, as day information that showed U.S. inflation was cooling. West Texas Intermediate …
Oklahoma’s oil and gas rig activity held steady in the past week with a count of 43 rigs, unchanged from the previous reporting period by Baker Hughes. It compared to Texas where the count grew by one to 285 rigs. New Mexico fell one to 103 and North Dakota held at 35 rigs. Louisiana …
Not only did a Tulsa federal judge rule this week that Enel Green Power has to remove 84 wind towers it installed years ago on Osage land in northeast Oklahoma, the firm and two of its subsidiaries owe more than $36 million in attorney fees. This is the case where the Osage Minerals Council …
This week’s decision by the Federal Reserve to cut interest rates combined with cautionary beliefs about weak economic activity and how it could hurt oil demands in the coming year sent crude oil prices slipping Thursday. One of those comments came from Chair Jerome Powell who warned Wednesday inflation was stubborn. Reuters reported …
A month after the Oklahoma Corporation Commission’s 2022 decision to prohibit winter securitization utilities from collecting tens of millions of dollars in franchise fees with municipalities was overturned by the state supreme court, the regulators got an earful this week about whether to dismiss the case still on the OCC books. Groups involved in …
