By Mike W. Ray Southwest Ledger OKLAHOMA CITY – State regulators examined Fort Cobb Fuel Authority’s natural-gas procurement policies and purchase costs in 2023 and deemed them to be “prudent, fair, just and reasonable” – with a caveat about its line leaks. Also on Aug. 7 the Corporation Commission established a schedule for …
By Mike W. Ray Southwest Ledger Oklahomans complaining about soaring electricity rates are supported by news that electricity price inflation is rising dramatically. In fact, it is outpacing the overall Consumer Price Index (CPI), according to a July report from the U.S. Bureau of Labor Statistics. On an annualized basis, electricity price inflation …
The U.S. Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products. In its August Short-Term Energy Outlook (STEO), EIA expects the Brent crude oil spot price to average less than $60 per barrel in the fourth …
Questions have been raised about the constitutionality of a bill taking some powers from the Oklahoma Corporation Commission and forcing regulators to act on utility requests at a faster rate than is the current law. SB998 was passed by the state legislature and allowed to become law without the signature of Oklahoma Gov. Kevin …
Sen. David Bullard, R-Durant, held an interim study Tuesday at the state Capitol to discuss strategies to protect pristine waterways in southeast Oklahoma and critical water supplies that drive economic prosperity across the state. His interim study before the Senate Agriculture and Wildlife Committee examined the history and impact of the state’s Scenic …
After only a one day reprieve from nearly a week of struggles, crude oil prices on Tuesday dropped again. But on a highlight, Oklahoma energy stocks finished with gains. The dip came as traders waited to read from the U.S. Energy Information Administration had to report as well as when there will be …
The Oklahoma Corporation Commission was among some state agencies that experienced system-wide network outages. It affected multiple online systems as well as the Commission’s website. The outage did not allow the use of the agency’s files on rate cases and other filings. Due to the technical difficulties with the website, the Regular Commission …
State Reps. Tom Gann and Kevin West have filed yet another State Supreme Court challenge of an Corporation Commission approval of a utility rate hike because it involved votes by Commissioner Todd Hiett. It was their sixth such appeal of Hiett’s participation in rate hike approvals. In a filing on Monday, August 11, …
A mad rush is underway in some states across the nation as the Trump administration does away with tax credits for clean energy projects. Those states are attempting to finish the projects before the expiration of the credits. They are also fast tracking the projects to ensure they are connected to the grid. Meanwhile, …
Final briefs in Oklahoma’s 20-year fight with Arkansas and Oklahoma poultry growers over pollution of the Illinois River were due on Monday in Tulsa U.S. District Court. It’s the case started in 2005 by then-Oklahoma Attorney General Drew Edmondson and carried out by current Attorney General Gentner Drummond. Drummond’s recently proposed final judgment in the …