A year after he came under fire from Oklahoma Attorney General Gentner Drummond over enforcement of the state’s anti-ESG law, State Treasurer Todd Russ is the target of more criticism over the way he runs the office. This time, he’s the target of an opinion piece by Bartlesville vice Trevor Dorsey, who is …
Growing natural gas production by some Permian Basin operators
As the U.S. and other countries report a growing demand for natural gas to run their power plants and meeting the booming requirements of data centers, crude oil producers in the Permian Basin are taking notice. And making changes. And they’re starting to focus on natural gas production and not just king oil. …
Langston among those left holding the bag over an EV manufacturing plant promise
Nearly 18 months after a Florida-based EV manufacturing startup tried to woo city leaders in Langston, Oklahoma into helping build a factory, the project and its promoters have mostly disappeared into thin air. Langston, home of Langston University, isn’t the only town where Imola Automotive USA came in with promises of jobs, …
Energy briefs
** President Donald Trump named David Rosner as chairman of the Federal Energy Regulatory Commission, where he has served since mid-2025 as a commissioner, the agency said ** In 2024, the United States exported about 30% of its domestic primary energy production. Nearly all of the exports were fossil fuels destined for other countries in North America, Europe, or Asia. The United States …
Regulators approve Fort Cobb Fuel Authority’s ’23 gas purchases, now reviewing ’24’s
By Mike W. Ray Southwest Ledger OKLAHOMA CITY – State regulators examined Fort Cobb Fuel Authority’s natural-gas procurement policies and purchase costs in 2023 and deemed them to be “prudent, fair, just and reasonable” – with a caveat about its line leaks. Also on Aug. 7 the Corporation Commission established a schedule for …
Electricity rates nationwide increase by average 25%, outpacing inflation
By Mike W. Ray Southwest Ledger Oklahomans complaining about soaring electricity rates are supported by news that electricity price inflation is rising dramatically. In fact, it is outpacing the overall Consumer Price Index (CPI), according to a July report from the U.S. Bureau of Labor Statistics. On an annualized basis, electricity price inflation …
EIA expects the price of crude oil to fall to below $60 per barrel by the end of the year and average near $50 per barrel through 2026
The U.S. Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products. In its August Short-Term Energy Outlook (STEO), EIA expects the Brent crude oil spot price to average less than $60 per barrel in the fourth …
SB998 constitutional or not?
Questions have been raised about the constitutionality of a bill taking some powers from the Oklahoma Corporation Commission and forcing regulators to act on utility requests at a faster rate than is the current law. SB998 was passed by the state legislature and allowed to become law without the signature of Oklahoma Gov. Kevin …
Bullard interim study explores protecting scenic rivers in Southeast Oklahoma
Sen. David Bullard, R-Durant, held an interim study Tuesday at the state Capitol to discuss strategies to protect pristine waterways in southeast Oklahoma and critical water supplies that drive economic prosperity across the state. His interim study before the Senate Agriculture and Wildlife Committee examined the history and impact of the state’s Scenic …
Crude oil prices fall again
After only a one day reprieve from nearly a week of struggles, crude oil prices on Tuesday dropped again. But on a highlight, Oklahoma energy stocks finished with gains. The dip came as traders waited to read from the U.S. Energy Information Administration had to report as well as when there will be …