** Global investment in renewable energy projects hit a fresh record this year but fell in the U.S., an analysis released this week shows. U.S. spending fell by $20.5 billion, or 36%, from the second half of 2024 in what the firm calls a response to the U.S. presidential election. It was the steepest drop …
“Audit” remains the focus of challenge to rate decisions by Corporation Commission
As defined, the word “audit” is said to be an “official inspection of an individual’s or organization’s accounts, typically by an independent body.” The definition is also what is driving Rep. Tom Gann and two other legislators to continue their legal challenges at the Oklahoma Supreme Court of the so-called audits of the …
Drive-In Theater fights oil well drilling site at Chickasha
The operators of the oldest drive-in theater in Oklahoma are in a fight to stop an oil drilling rig from locating about 500 feet from their business in Chickasha. Barbara Egbert, who along with her husband Greg, runs the Chief Drive-In Theater south of Chickasha off highway U.S. 81 in Ninnekah. They’re at …
Tulsa Ports’ State of the Ports to be given
Annual tonnage figures and other statistics will be released in the coming week by the Tulsa Ports. The annual State of the Ports will be made at a noon event in Catoosa on Tuesday, September 9. The port already said its July tonnage totaled 86,496 tons of goods shipped. “It’s almost time for our …
Oil and gas Expo just weeks away in OKC
The largest and longest-running oil and natural gas event in the state is back! The 28th Annual Oklahoma Oil and Natural Gas Expo is set to take place on October 9th at the OKC Fairgrounds Bennett Event Center. With a rich history spanning 28 years, the Expo provides a platform for networking, showcasing …
Judge revives lawsuit over Denver large building energy standards
A federal judge in Denver has revived a lawsuit challenging the state of Colorado and the city of Denver’s energy standards for large buildings, a suit that originally had been dismissed in March. U.S. District Judge Regina M. Rodriguez made the ruling after some apartment and hotel trade groups filed an amended complaint. …
EIA expects record U.S. natural gas consumption in 2025
The U.S. Energy Information Administration is out with a forecast that natural gas consumption in the United States will increase 1% to set a record of 91.4 billion cubic feet per day (Bcf/d) in 2025. In its latest Short-Term Energy Outlook, it expects natural gas consumption to increase across all sectors except for electric power, …
Vital Energy acquired by Houston energy firm in $3.1 billion agreement
Tulsa’s Vital Energy is being acquired by Houston shale producer Crescent Energy in a $3.1 billion all-stock deal. The merger is expected to close by the end of the year and would add operations across the Eagle Ford and Permian Basins and the Uinta Basin in Utah with one of the nation’s largest independent …
Crude oil made gains on Monday amid slow talks to end war in Ukraine
With no immediate date set for a meeting between Russian and Ukrainian leaders to end their three and a half year old war, crude oil prices rose on Monday. That’s apparently because traders think there will be even more U.S. sanctions but also because, Ukraine has been attacking Russia’s energy infrastructure including setting …
Sweater weather in Oklahoma?
Sweater weather arrived Monday in Oklahoma—-or at least in some parts as early morning temperatures hit the 50s and 60s. In the words of Gary McManus, State Climatologist at the Oklahoma Mesonet, “Crazy stuff for August, amirite? Crazier than the 99 and 85 mph wind gusts that our Camargo site measured yesterday (Sunday) evening …