OK Energy News

  Oklahoma House Speaker Charles McCall’s push for an electricity production tax on renewable energy sources in the state just renewed an age-old fight between the oil and gas industry and the firms behind wind and solar operations His creation of the tax in the form of HB2950 stunned the …

  The actions of natural gas producers, including some in Oklahoma, in recent weeks to lower their capital expenditures on exploration are simply in response to what’s happened to natural gas prices. They’ve fallen and tumbled to their lowest prices since 1997. That’s what the U.S. Energy Information Agency reported …

  As we reported recently, the Kansas legislature decided it wanted open meetings rather than behind-closed-door sessions by its Corporation Commissioners. The House killed HB2591, which is very similar to an effort underway in the Oklahoma legislature where Ardmore Rep. Tammy Townley’s HB 2367 was being considered. In Kansas, the …

  Devon Energy only grew stronger in the fourth quarter of 2023 with record-settling oil volumes and net earnings of $1.2 billion or $1.81 per share. The Oklahoma City company released its earnings report following the close of markets on Tuesday showing adjusted core earnings of $902 million or $1.41 …

  Crude oil prices recorded a jump of a dollar a barrel in Tuesday’s trading and it came as OPEC+ reportedlly is thinking of extending its voluntary oil output cuts into the second quarter of the year. West Texas Intermediate crude rose $1.29 or 1.7% to settle at $78.87 a …

  One of the writers who helped bring you energy news here at OK Energy Today over the past several years was Alisha Davidson. She substituted for me whenever I took time off and proved to be a most capable and reliable writer, eager to provide information for our readers.  …

  Strong winds of 40mph to 50mph on Tuesday in Oklahoma left firefighters hoping for relief from the growing number of wildfires in the state. The Oklahoma Forestry Services put it this way—-“Verry-high fire danger” will be present with “extreme fire risk in far western Oklahoma.” The “verry” was not …

  While the recent spike in the nation’s gasoline prices might have taken a brief rest, prices are still much higher than a month ago. The U.S. average is $3.27 per gallon while Oklahoma’s average is $2.87. The Oklahoma average price is up four weeks from a week ago and …

  From the Arkansas Business Morning Roundup comes the story of Family Dollar in West Memphis being fined nearly $42 million by the Justice Department over its “rodent-infested warehouse.” The $41.7 million fine, described as the largest-ever monetary criminal penalty in a food safety case, came after the firm pleaded …

They’re major pocket book issues and have the potential to affect tens of thousands of utility ratepayers throughout Oklahoma. We’re talking ROFR and the proposed rate hike on renewable energy in Oklahoma. Scott Mitchell and Jerry Bohnen discuss it at length in the latest podcast of Mitchell Talks Energy. Click …