Data source: U.S. Census Bureau, American Community Survey Data values: House Heating Fuel The Energy Information Administration found an increasing share of U.S. households are using electricity for heating, although natural gas remains the most common heating fuel. In 2024, 42% of U.S. households reported that electricity was their main space heating fuel, according to annual estimates …
Oil and gas rig numbers dropped in US and Oklahoma
Just as crude oil prices in the U.S. dropped below $60 a barrel on Friday, the number of oil and gas rigs in the nation also dropped, according to the latest Rig Count from Baker Hughes Co. The release showed a decline of 2 rigs nationally, reaching a level of 547 total. The …
Oklahomans respond to nuclear study with opposition
At least three utilities responded so far to the Oklahoma Corporation Commission’s attempt to comply with a new state law requiring a study of possible nuclear energy generation in Oklahoma. One is suggesting consumers be hit with with the CWIP method of making long term payments while nuclear power plants are being built. …
President’s threat of more China tariffs sent crude tumbling $2 a barrel
Crude oil prices plunged more than $2 a barrel on Friday and nearly every Oklahoma stock suffered losses after President Trump threatened to create increased tariffs on China. It proved to be a 3% drop for crude oil while some Oklahoma energy stocks fell as much as 9% during the day’s trading. In …
Scott Mitchell talks energy with Jerry Bohnen—-Williams Cos. and nuclear power in Oklahoma
Another Scott Mitchell talks energy with Jerry Bohnen and in this latest podcast, they talk more about Williams Companies and its venture into New York pipeline efforts. The project to pump natural gas into New York City turned into a hardball political issue for Williams and also for New York Governor Kathy Hochul. Plus, …
EV tax credits still exist in Oklahoma but not everywhere
EV Drivers Face a Changing Incentive Landscape Federal tax credits for electric vehicle purchases have ended, but state-level programs still offer relief to some buyers. Depending on where you live, you might still qualify for thousands in state tax breaks. However, you could also pay higher registration fees than your gasoline-driving neighbors. The change highlights …
Regulators move ahead with nuclear study but reluctantly without funding
Oklahoma regulators are moving ahead with a study into possible nuclear development in the state but they expressed their doubts and criticism during a Thursday meeting at the State Capitol. All three Oklahoma Corporation Commissioners expressed some dismay that the study required by SB130, a bill passed by the legislature and signed into …
Crude oil prices dropped on word of a peace deal in Gaza
The peace agreement reached between Israel and the Palestinian militant group Hamas sent crude oil prices falling Thursday by more than 1%. Oklahoma energy stocks followed with the same kind of losses for the day. West Texas Intermediate crude fell $1.04 a barrel or 1.7% to settle at $61.51 on the New …
ODOT Commissioners forced to adjust construction plan
Construction and Asset Plan rebalancing adjusted due to rising costs The Oklahoma Department of Transportation released its Federal Fiscal Year 2026–2033 Eight-Year Construction Work Plan Monday, outlining more than 1,200 critically-needed highway and bridge projects across the state valued at more than $7.7 billion. The Plan is ODOT’s roadmap for addressing safety, pavement and bridge needs across …
Electric grid expects increased demand from warmer weather
SPP Issues Resource Advisory for 14-State Grid Including Oklahoma Warmer temperatures and increased demand for electricity prompted the Southwest Power Pool (SPP) to issue a Resource Advisory October 10th. The alert covers SPP’s entire 14-state grid region, which includes Oklahoma. The advisory takes effect at 12:00 p.m. CT on the 10th and is expected to …