Will Oklahoma’s oil and gas industry be impacted by the the U.S. takeover of Venezuelan oil? Likely not, according to noted energy economist Dr. Steven Agee. He says Oklahoma’s oil and gas industry will likely see little if any impact from the U.S. removal of Venezuelan leader Maduro and the takeover of the oil and …
Rep. Brad Boles, the Republican State House member from Marlow isn’t the only Oklahoma legislator concerned about the impact of AI and data centers. A week after he filed a measure to protect consumers being forced to pay higher electric bills for data centers to obtain their large amount of required power, Durant Rep. Cody …
FERC approves SPP’s large load connection proposal The grid controlling electrical power in Oklahoma and 13 other states won approval from federal regulators for a plan to quickly handle expanded energy projects to meet the power demands of data centers and large industrial projects. It will have an impact on Oklahoma’s electrical power industry …
** U.S. refining companies like Valero Energy and Marathon Petroleum are set to benefit even more from a potential Venezuelan oil resurgence than drillers, as they have the equipment to process the country’s viscous crude. ** Valero Refining Company will begin laying off hundreds of workers at its Benicia refinery this spring in California. In a regulatory …
The American Petroleum Institute convened its annual State of American Energy event, bringing together industry leaders, policymakers and market analysts to examine the forces shaping America’s energy future as demand accelerates at home and abroad. In his keynote address, API President and CEO Mike Sommers outlined the policy choices he said will determine whether …
** A federal judge rules the Trump administration acted illegally when it canceled $7.6 billion in federal grants for clean energy projects in 16 Democratic-leaning states, including Colorado, California, New Mexico, Oregon, Washington, and Hawaii. ** Rival carrier T-Mobile piled on as Verizon struggled through a massive nationwide outage on Wednesday, telling customers its own network …
** Lawyers for Chevron, Texaco, and Exxon Mobil argue before the U.S. Supreme Court that localities’ lawsuits against oil companies over climate change and rising seas should be heard in federal and not state courts after a jury awarded two Louisiana parish governments $744.6 million in damages from Chevron. ** The Trump administration violated the …
EIA forecasts strongest four-year growth in U.S. electricity demand since 2000, fueled by data centers A new report from the U.S. Energy Information Administration predicts electricity use will grow this year and next year showing such gains for the first time in 18 years. The EIA made the prediction in its its first energy-sector …
He is known for his stance against wind farm takeovers of land in the state and green-energy projects and now Chandler Republican Rep. Jim Shaw wants more transparency from the agencies that decide the fate of such projects. While his bill makes no mention of data centers, the goal of his bill is obvious. He announced …
The Oklahoma AARP says Oklahomans complain of high utility bills and they don’t want to be hit with higher rates because of data center construction. The state chapter says it has a national AARP survey to back up its claims and supports the efforts of one state legislator who filed a measure to …
