Of the oil still imported to the U.S., most comes from Canada and a new report by the Kansas City Federal Reserve Bank shows it has been on the increase over the past two decades. The study shows U.S. crude oil imports from Canada averaged 4.1 million barrels a day in 2024 or 62% …
Eminent domain at the center of a carbon capture fight in Iowa
Landowners and others wanting restrictions on the use of eminent domain for carbon pipelines were left angry on Friday when the Iowa Senate adjourned without taking any action on their calls. The Iowa Capital Dispatch reported it’s about opposition to the several-state plan by Summit Carbon Solutions to create a carbon capture pipeline. …
Energy briefs
** The Colorado Supreme Court permitted Boulder County and the city of Boulder on Monday to proceed with their lawsuit against two fossil fuel corporations over alleged local harms caused by the effects of climate change. ** BP’s underperformance and strategy shifts have made it a potential takeover target. Shell, Chevron, Exxon, TotalEnergies, and others …
Legislature under pressure to solve franchise fee debate and winter storm costs
Seven months after an Oklahoma Supreme Court justice indicated ratepayers might be burdened with anywhere from $60 million to $100 million more costs on top of their 2021 winter storm rate hikes, legislators are being told it could in the range of $150 million. Yes, Winter Storm Uri remains a nightmare for ratepayers that …
Oklahoma County’s preparations for upgrades at OGE Power plant
They’re called superload transports….the hauling of heavy equipment needed for the upgrade of the OG&E power plant at Harrah. The equipment is so large and so heavy that Oklahoma County officials became involved because of bridge limits. There will be at least six such loads being moved 29 miles at a slow rate, …
Oklahoma steady in rig activity but US total is down
The nation’s oil and gas producers cut their active rigs in the past week, falling to the lowest count since January reported Baker Hughes Co. on Friday. But activity remained steady in Oklahoma. The count fell by six to 578 in the week to May 9 and puts the total count down 25 …
Mitchell talks energy with Jerry Bohnen–energy bills in the hands of the governor
Scott Mitchell talks energy with Jerry Bohnen and they focus on two energy bills hanging in the balance in the Oklahoma legislature. Could they be vetoed by the governor?
Split meeting site for Oklahoma Corporation Commissioners
Oklahoma Corporation Commissioners will do a first this week with two commissioners meeting remotely from the agency’s Tulsa office and the third remaining at the Oklahoma City meeting site. The Wednesday meeting set for 1:30 p.m. will see Commissioners Kim David and Brian Bingman participating in the meeting from the District 1 Tulsa Field …
ONE Gas makes offering of 2.5 million shares
ONE Gas, Inc. is planning to make a public offering of 2,500,000 shares of its common stock. In connection with the offering, ONE Gas intends to enter into a forward sale agreement with JPMorgan Chase Bank, National Association, referred to in such capacity as the forward purchaser. In connection with the forward sale agreement, …
Behind the meter bill sent to Governor
Rep. Brad Boles, R-Marlow, has secured final passage of Senate Bill 480, legislation that allows private industry to develop and manage their own power solutions “behind the meter”. The bill will open the door for billions of dollars for new economic development across Oklahoma. “I am proud that the Legislature has come together to …