A recent report from the Environmental Protection Agency showed greenhouse gas emissions in 2021 across the U.S. indicated a long-term decreasing trend since 2011 and Oklahoma saw the same kind of decline. But the agency also indicated emissions from large industrial sources were about 4% higher than 2020. The EPA said the increase reflected …
Oklahoma regulators to consider rate hike request by ONG
Oklahoma Corporation Commissioners will meet this week to consider a request from Oklahoma Natural Gas Company that could see a nearly $2 a month increase in rates for the firm’s customers. Oklahoma Natural Gas filed an application in March for approval of its Performance Based Rate Change Plan calculation. The request seeks a base …
Rig counts gain in Oklahoma and U.S.
Rig counts increased in Oklahoma and across the U.S. in the past week, indicating there is no letup in the search for more crude oil and natural gas across the nation. Oklahoma’s count, reported Baker Hughes, grew by one to 70 rigs working across the state. A year ago, the state’s count stood at …
Crude prices dropped 2% on Friday and brought OK energy stocks down with them
The day after Thanksgiving Day, crude oil prices suffered a 2% drop over continuing worries about Chinese demand and growing debate over the Western price cap of Russian oil. West Texas Intermediate crude for January delivery fell $1.66 or 2.13% a barrel to settle at $76.28 on the New York Mercantile Exchange. Global benchmark …
Evergy’s energy efficiency plan targeted by Kansas regulators
The staff of the Kansas Corporation Commission has come out against energy efficiency programs that could provide millions of dollars in help for Evergy’s Kansas customers. The Kansas Corporation Commission must sign off on the agreement that the utility reached with consumer and environmental advocates reported the Kansas Reflector. Click here for Kansas Reflector.
Completion reports for November 24, 2022
completions: none were processed today
Canoo moves closer to $1 million from OKC
Electric vehicle maker Canoo is a step closer to getting $1 million in incentives from Oklahoma City as part of the company’s decision to locate a manufacturing plant in the city. The City’s Economic Development Trust voted this past week to recommend that the City Council approve the request. The Oklahoman reported that under …
Gas pump thief busted in Texas
The 21st century way of stealing gasoline landed a man in jail around Houston this past week. He ended up getting 800 gallons of gas for $8 according to the Fort Worth Star Telegram. Click here for Star Telegram
Headlines of other energy stories
** Federal regulators this week approved a new oil terminal in the Gulf of Mexico off Texas over the objections of local activists, who argued the move contravenes the Biden administration’s stated climate goals. The Transportation Department’s Maritime Administration formally granted the license Nov. 21, ending a process that began under the Trump administration three years ago. ** Chevron Corp …
PSO wants even more from its customers as shown in latest rate request to regulators
Public Service Company of Oklahoma filed another rate hike request with the Oklahoma Corporation Commission and if approved, its customers would pay another $14 a month. In an announcement on Tuesday, PSO defended the request, citing greater energy security, reliability, long-term affordability, resilience, safety and economic growth. The proposal will provide funding to harden …
