Friday , May 17 2024

OK Energy News

Regulators fail to reach a decision on more OGE costs to consumers

  The request by Oklahoma Gas and Electric for increased fuel cost adjustment charges is in limbo after Oklahoma Corporation Commissioners failed Thursday to take a vote on the issue. Commissioners could not agree on how to spread out the costs to consumers. Commissioner Dana Murphy preferred a 36-month plan …

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Another strong performance for OK energy stocks as crude rose Friday

  Friday saw a gain in crude oil prices as they settled up for the day but were down for the week as a whole. Oklahoma energy stocks also had their second straight strong performance. What led to the gain? Mostly China’s easing of restrictions to battle continued COVID-19 cases. …

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Nation’s rig count jumps by 9 while Oklahoma is unchanged

  The nation’s rig count made an increase of 9 to reach a total of 779 oil and gas rigs according to the latest Baker Hughes report released on Friday. While the national count grew, the number of rigs in Oklahoma was unchanged from last week’s count of 67 rigs. …

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Judge’s ruling reveals exasperation of man’s fight against Kansas wind farm

  A Kansas man’s persistent fight against a NextEra Energy wind farm recently revealed the exasperation of the judge dealing with the case. “This case has been bogged down for nearly 18 months with an ongoing cycle of pleading, motions to dismiss, repleading, more motions to dismiss, and now yet …

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Paying for the mistakes of utilities in Oklahoma and Texas

  As much as Oklahomans and Texans don’t like to say they are alike, they are in one area—consumers in both states face 30 years of repaying billions of dollars to help utilities recover expenses from the 2021 Winter Storm. The Dallas Morning News recently pointed out that Texas consumers …

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PSO, AEP Foundation announce joint grants totaling $100,000 to Family Safety Center

  Grants totaling $100,000 to Tulsa’s Family Safety Center were recently announced by Public Service Company of Oklahoma and the American Electric Power Foundation. A PSO announcement stated the grants will be a lead investment to construction a new $27 million, 65,000-square-foot FSC facility serving Tulsa County Groundbreaking for the …

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