State Rep. Trey Caldwell is making a third attempt to create what he says is not a ROFR or Right of First Refusal bill in the legislature. Three of the measures he filed for the approaching legislative session are HB2747, HB 2751 and HB2756. The three focus on the Oklahoma Corporation Commission, competitive bidding, …
** U.S. Transportation Secretary Sean Duffy signs an order seeking to roll back fuel economy standards enacted by President Biden, arguing that “artificially high” fuel efficiency rules raise costs for consumers. ** Vermont is the latest state to impose a fee on owners of electric vehicles to make up for lost gas tax revenue, an approach that has …
The Oklahoma Corporation Commission has less than a week to learn whether its federal funding to plug abandoned oil and gas wells is among those programs frozen by President Trump’s latest order. A Federal judge put a temporary hold on the freeze minutes before it was to take effect Tuesday evening. The freeze was …
Crude oil prices recorded small gains in Tuesday’s trading, enough to rebound from lows over the past few weeks. The rebound came after President Trump said he plans to issue tariffs this week on imports from Canada and Mexico. Plus, there was the issue of growing fears about weaker demand due to soft economy …
A freeze on federal grants and loans ordered by President Donald Trump’s budget office has Oklahoma leaders wondering about the impact. So has an earlier order affecting green energy project funding created by the Biden administration. Electric vehicle charging networks could be affected and some states aren’t sure if they will receive continued funding …
If it’s not ESG, then it’s DEI in the workforce. Now Oklahoma Attorney General Gentner Drummond is among 19 Republican attorneys general calling on Costco Wholesale Corp. to end its workforce diversity policies. They wrote a letter to Costco Chief Executive officer Ron Vachris stating that the company’s decision to defend its diversity, equity …
The Williams Cos. continued a 50-year history of paying quarterly dividends with the announced dividend of 50 cents per share. The dividend which translates to $2.00 annualized on the company’s common stock represents a 5.3% increase from Williams’ fourth-quarter 2024 quarterly dividend of $0.4750 per share paid in December 2024. The payment will be …
Alabama-based Diversified Energy announced it has made a $1.2 billion acquisition of Maverick Natural Resources of Houston in a deal involving Diversified’s expansion of operations in Oklahoma’s Anadarko Basin. A portion of the $1.275 billion acquisition directly offsets Diversified’s core Western Anadarko position with active development in the Cherokee Play, and provides a new …
If the efforts of Colorado regulators are successful, an oil and gas firm will be banned from operating in the states and adding its 107 old wells to the orphaned well program. KT Resources is being targeted by the Colorado Energy and Carbon Management Commission. The commission is being urged by staff to …
The Southwest Power Pool just gained a new member—El Paso Electric in Texas. The utility joined the SPP’s Markets+, a new energy market designed to provide enhanced grid reliability across the Western United States. Oklahoma and 13 other states make up the Power Pool. El Paso Electric is an energy provider that is engaged …