Category: General

Xcel Energy admits its operations might have caused wildfires in Texas

  A major utility company, Xcel Energy, now admits its operations might have been involved in starting the wildfires in Texas that eventually burned more than 1.3 million acres of land in the Panhandle and in Western Oklahoma. “Xcel Energy has been cooperating with the investigations into the wildfires and has been conducting its own …

Continue reading »

Williams gets nearly $1 million grant to study carbon storage in Wyoming

    Tulsa’s Williams Cos. recently received a $975,000 grant to study carbon capture and storage efforts in Wyoming. The Wyoming Energy Authority, funded by the office of Governor Mark Gordon, awarded Williams the grant to study development of a saline CO2 storage hub near Williams’ Echo Springs gas plant in Wamsutter. The Echo Springs CarbonSAFE …

Continue reading »

Army helps fight out-of-control wildfires in Texas

    With the help of Army helicopters and the weather, firefighters are gaining ground on the wildfires that burned more than 1.3 million acres in western Oklahoma and the Texas Panhandle. The Oklahoma Forestry Division reported Thursday that the major wildfires in the state are largely under control—95% of the OK Smokehouse fire in …

Continue reading »

Norman voters again reject 25-year franchise with OGE

    Thirty-three votes. It’s what Oklahoma Gas and Electric Company failed to get for approval of an exclusive franchise agreement in the city of Norman. Voters this week rejected the franchise for another time. A majority of the 17,795 votes were against giving OG&E a franchise to exclusively operate electric infrastructure in Norman for …

Continue reading »

Increased dividend by SandRidge Energy

  Oklahoma City’s SandRidge Energy declared an increased dividend of 11 cents a share after announcing its financial and operational results for the quarter and fiscal year ended December 31, 2023. The company had net income of $60.9 million or $1.65 per basic share in 2023 and adjusted net income of $69 million or $1.87 …

Continue reading »

Energy quick reads

** The world’s largest nitrogen fertilizer plant, which would make ammonia out of natural gas, could be headed for a former coal mining site in rural West Virginia. TransGas Development Systems, a New York-based company, is seeking an air quality permit for a facility in Mingo County with six ammonia manufacturing units capable of producing up …

Continue reading »

SEC approves controversial emissions rules on big businesses

  Large companies in Oklahoma and across the U.S. will have to tell investors about greenhouse gas emissions caused by their business under a controversial rule approved Wednesday by the U.S. Securities and Exchange Commission. It’s a rule that was fought by Congressman Frank Lucas who feared it might be harmful for state farmers and …

Continue reading »

Oklahoma AG joins suit against Biden administration’s new EPA soot pollution rules

  Oklahoma Attorney General Gentner Drummond joined 23 other states this week in suing the Biden Administration’s EPA over new and tougher standards for soot pollution. The suit, led by attorneys general from Kentucky and West Virginia, claimed the new rule from the Environmental Protection Agency will result in higher costs for manufacturers, utilities and …

Continue reading »

Ouch! Gas prices jump back to more than $3 a gallon in Oklahoma

    In case you haven’t noticed, gasoline prices are back up to more than $3 a gallon in Oklahoma, thanks to a 14-cent jump in the past week. AAA Oklahoma reports the average price this week is $3.03 per gallon, 36 cents higher than a month ago when the average was $2.67 a gallon. …

Continue reading »

Crude recorded gains on Wednesday but natural gas made another drop

Crude oil recorded another gain on Wednesday but natural gas prices in the U.S. slid again. Crude managed a nearly 1% increase on a smaller-than-expected increase in U.S. crude inventories, including those at Oklahoma’s Cushing Hub. A big withdrawal of distillate and gasoline stocks also played a role in sending prices up. West Texas Intermediate …

Continue reading »