A rural electric cooperative in northern Oklahoma is asking state regulators to approve a nearly 5% rate hike or $4.5 million a year in revenue. It also contends it hasn’t had a rate hike in 10 years and can no longer provide a safe and reliable electric system. The request by the Northeast Oklahoma Electric …
Oklahoma and 22 other states sue to stop Biden administration over methane rule
Oklahoma and 22 other states are asking the U.S. Supreme Court to block the Biden administration’s effort to cut methane from oil and gas production. Attorney General Gentner Drummond was among 23 state attorneys general along with Arizona’s GOP-led legislature who are opposed to the implementation of the Environmental Protection Agency rule that requires oil …
Energy briefs
** The Biden administration announced Tuesday it will protect 28 million acres of public lands in Alaska, reversing a Trump administration effort to open them up to development. The move protects the lands from mining as well as oil and gas extraction. ** The number of publicly available electric vehicle (EV) chargers has doubled since Biden took office, the …
Exxon Mobil looking for buyer of some of its Permian Basin holdings
Could be another big sale of oil assets looming in the Permian Basin as Exxon Mobil Corp. revealed it’s looking to unload some of its older wells that produce small amounts of oil. The company confirmed the move to Bloomberg which reported such a sale could approach $1 billion, depending on the price of …
Wind farm operator sues Nebraska county over increased setback rules
A federal lawsuit has been filed by a Nebraska wind farm operator over changes a county made in its required setback rules. The suit was filed against Knox County administrators and its board of supervisors by North Fork Wind LLC and some landowners in the northern Nebraska county. The wind farm lawsuit suggests …
Crude oil prices slide more than 2%
Concerns about slower economic growth in both the U.S. and China were blamed for bringing down crude oil prices Tuesday. They fell 2% as investors were said to be worried the slow economies will reduce demand for energy. Some analysts were overly concerned about the more than 2% slide in prices, explaining it was within …
$31 million ONG rate hike approved by Corporation Commissioners
Customers of Oklahoma Natural Gas are bracing for a $31 million rate hike approved Tuesday by the Oklahoma Corporation Commission. The approval raises a question whether one of the Commissioners should have taken part in the procedure. Approved on a 2-1 vote, the $31,423,612 rate increase will mean a hike of $1.33 a …
Halliburton confirms it was hit with a cyberattack
Halliburton has confirmed it was a victim of a cyberattack late last week and it was forced to remove some of its systems offline. The company revealed the attack in a filing and explained it discovered the intrusion on Wednesday that an ” “unauthorized third party gained access to certain of its systems.” Reuters reported the …
Spectacular crash on I-35 at Ardmore
A dump truck driver who was unaware his trailer was being raised while traveling down Interstate 35 near Ardmore got quite a jolt Tuesday morning when the trailer hit an overhead sign. The northbound driver escaped injury but the trailer was ripped from the truck and left upright against the I-35 sign. It was …
Name change approved for OKC’s Will Rogers World Airport
The City Council of Oklahoma City made it official Tuesday morning in changing the name of the Will Rogers World Airport to OKC Will Rogers International Airport. Afterward, the Airport Trust released a video about the new name, explaining the change was the result of research on nearly 100 airports, 14 peer airport site …