While Ukraine and Russia blame one another for stalling any possible peace talks, oil prices climbed on Thursday by nearly a dollar a barrel. As Reuters reported, the path to peace in Ukraine remained uncertain, turning oil traders cautious after a selloff over the past two weeks on hopes that U.S. President Donald …
The Oklahoma Supreme Court moved ahead this week consolidating the three challenges of billions of dollars in rate hikes stemming from the 2021 Winter Storm Uri made by three Republican legislators. The billions in increased costs were left on the backs of consumers after the Corporation Commission granted securitization and involve an estimated $5 …
U.S. Sen. Markwayne Mullin is boasting again about the merits of the President’s One Big Beautiful Bill, claiming it is paving the way for the resurgence of powerful and reliable American enery to the nation’s grid. “This bill rescinds handouts and economically draining subsidies while including critical energy reforms to reduce our reliance on foreign …
ConocoPhillips announced it has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from the Port Arthur LNG Phase 2 project under development by Sempra Infrastructure, a subsidiary of Sempra (NYSE: SRE), in Jefferson County, Texas. Under the agreement, ConocoPhillips will offtake LNG over …
Even as Williams is hoping to land New York approval of finally constructing natural gas pipelines in the state, it’s still facing a strong push from environmentalists and other critics. The latest contention came after Lee Zeldin, Administrator of the U.S. Environmental Protection Agency wrote a Boston Globe op-ed published this month in which …
The Barclays CEO Energy-Power Conference in New York City will be held next week and representatives of two major Oklahoma energy firms will make presentations. Williams President and Chief Executive Officer Chad Zamarin along with Chief Financial Officer John Porter are scheduled to participate in meetings with investors at the upcoming 2025 Barclays …
The data center boom has made its way to North Dakota where a $3 billion project has been announced. With groundbreaking to be made in September, the project will become the 22nd such data center in the state according to a Data Center Map website. Only 5 such centers are located in South Dakota. …
( Photographer: Eddie Seal/Bloomberg) Another slump in oilfield employment has been reported by Texas officials while Oklahoma’s numbers showed a loss of less than 100 workers in the upstream oil and gas industry. Oklahoma’s employment was reported to total 48,243 compared to 48,329 a month earlier. The state’s oil and gas employment since November 2024 …
Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, June 2025 A new government report predicts the production of electricity from solar projects throughout the U.S. will increase markedly this year. What might factor into the growth is the impact of the Trump administration’s decision to stop government subsidies for solar farm construction. …
By Mike W. Ray Southwest Ledger The typical return-on-equity for a public electric or natural-gas utility in Oklahoma today is approximately 9.5%; the national average is 10%. But with utility rate hikes occurring year after year, many consumers are questioning why ROEs for monopolies such as public utilities aren’t lower. “There was …
