PEMA Professional Energy Marketers Association

  Canoo, the EV manufacturer in Oklahoma City, is taking advantage of a competitor’s bankruptcy and acquiring its manufacturing equipment to be used in Oklahoma. Canoo has acquired what is labeled as “advanced” manufacturing equipment from bankrupt commercial EV startup Arrival headquartered in Europe. A report indicates that the equipment is …

    An investigation by Reuters into the nation’s lithium development found a confusing mix of who might regulate such large projects as those in southern Arkansas’ Smackover play. It found for example that in Oklahoma, no one seems to know who might regulate any lithium projects. The Oklahoma Corporation …

  Russia’s decision this week to curb oil output and its attacks on natural gas lines in Ukraine resulted in higher crude oil prices in Monday’s trading. Ukraine’s attacks on Russia’s energy infrastructure also added to increased prices. At the same time, Oklahoma energy stocks recorded gains for the day. …

  In a recent Washington update, Oklahoma Congressman Tom Cole delivered another blast critical of the Biden administration’s latest “Green New Deal” gift—-the President’s freeze on new permits for LNG export terminals. “This short-sighted decision was nothing more than a political move to placate environmentalists at the expense of the …

    Another division of the Oklahoma Corporation Commission is planning to hold a roundtable discussion with members of the state’s oil and gas industry. The Oil and Gas Conservation Division announced it will hold an Industry Roundtable meeting on Monday, April 1 at 1:30 p.m. The purpose of the …

  Oklahoma’s average electricity prices are falling, according to the latest numbers from the Energy Information Administration. The State’s average rate of 12.28 cents per kilowatt hours, as of December 2023, fell from a December 2022 rate of 12.44 cents per kilowatt hours. The rate is ranked 7th lowest in …

  Nearly six months after a one-page audit of ONG’s $1.3 billion February 2021 Winter Storm ratepayer-backed bond financing was sent to the Governor, Oklahoma legislative leaders and the Oklahoma Development Finance Authority, Corporation Commissioner Bob Anthony still can’t believe no one wants a more in-depth audit. In a filing …

  Don’t put out those tomato plants quite yet. Hard freezes are coming in Oklahoma. It’s the latest word from Oklahoma Climatologist Gary McManus. “That’s okay though (it’s not really, but humor me). We’re still a week or three away from our average last spring freeze,” he wrote in his …

  Look for Oklahoma’s Republican members of the U.S. to be active this week in supporting a handful of GOP bills aimed against President Biden’s green energy push that targeted the oil and gas industry. The House GOP leadership announced over the weekend it intends  to launch a blitz of …

  Could another energy development plan cause more earthquakes in Oklahoma and elsewhere? It’s a question being raised by some who worry geothermal energy generation might cause earthquakes the same way oil and gas did in Oklahoma, Texas and other parts of the nation. Oklahoma’s earthquakes were reportedly caused by …