The federal government’s push to crack down on methane gas emissions from the nation’s oil and gas wells has the Oklahoma Corporation Commission attempting to carry out the mission. As a result, the Commission’s Oil and Gas Conservation Division wants input from those in the industry regarding development of a protocol to follow the …
Oklahoma’s AARP has come out in support of State Attorney General Gentner Drummond’s request for the Oklahoma Corporation Commission to reconsider its recently approved rate hike allowed for Public Service Company of Oklahoma. “AARP Oklahoma supports Oklahoma Attorney General Gentner Drummond’s motion to lower the residential utility rate increase from $5.35 to $3.57,” said …
The Oklahoma Conservation Commission (OCC) announced its recent achievement of being selected as one of the recipients of the 2023 America the Beautiful Challenge (ATBC) grants, facilitated by the National Fish and Wildlife Foundation (NFWF). This significant grant, part of a broader initiative awarding $141.3 million in grants this year. The awarded grant will bolster the …
The Oklahoma Supreme Court fight between Oklahoma City and the Oklahoma Corporation Commission over franchise fees related to moves by utilities to adopt securitization following the 2021 Winter Storm Uri is into its second year. It was August of 2022 when Oklahoma City challenged the move by regulators in which utilities would no longer …
The increase in U.S. crude stocks by 3.6 million barrels in the past week was responsible in part of a big drop in crude oil prices on Wednesday. The Cushing Hub also saw a gain of 1.9 million barrels from the prior week. Nationally, crude stocks totaled 439.4 million barrels, reported the U.S .Energy …
A bigger-than-expected increase in U.S. crude inventories sent crude oil prices tumbling more than 1.5% on Wednesday. Mounting worries about demand in Asia were also said to be responsible for the price plunge. West Texas Intermediate crude fell $1.60 or 2% a barrel to settle at $76.66 on the New York Mercantile Exchange. Global …
The forecast isn’t looking good for much rainfall to end the dry conditions in the northwest part of Oklahoma and extending into the Panhandle. Gary McManus, State Climatologist wrote in his Wednesday weather update the 30-day rainfall maps from the Mesonet “are particularly dreary.” As he aptly pointed out, Boise City, Eva and Hooker …
Public Service Company of Oklahoma (PSO) issued a utility scam warning Wednesday to customers as part of Utility Scam Awareness Day. PSO customers have reported scams or attempted scams 255 times so far this year, including 18 times in October. Those numbers are below comparable 2022 numbers. Utility Scam Awareness Day is an annual …
Even as EV maker Canoo announced this week it had delivered the first of its cars to the state of Oklahoma, the company also reported a net loss of $112 million in the third quarter of the fiscal year. It also slashed spending plans for the remainder of the year. The firm said the …
Oklahoma City’s Gulfport Energy finds itself in the middle of a legal battle in Ohio where it was sued over its fracking operations in the Utica Shale. At stake are judgments totaling millions of dollars. The shale is where Gulfport has focused many of its drilling efforts and the company was sued by a …