Sunday , May 5 2024

Tag Archives: #OklahomaEnergy

Crude oil prices made gains in Monday’s trading and so did OK energy stocks

  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. …

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Cole remains critical of President’s freeze on LNG port permits

  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 …

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Another roundtable discussion planned by Oklahoma oil and gas regulators

    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 …

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Oklahoma electricity rates are 7th lowest in the nation

  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 …

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Commissioner asks “where’s the beef?” about audits of ratepayer-backed utility bond issues

  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 …

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Snow in the Panhandle and freezing weather still with parts of Oklahoma

  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 …

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House Republicans announce energy legislation blitz

  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 …

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Geothermal energy development—can it cause earthquakes?

  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 …

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Nation’s rig count takes a fall while Oklahoma remains steady

  More rigs were pulled out of oil and gas drilling across the nation over the past week. The nation’s oil and rig count dropped by 5 in the past week, falling to 624, according to the weekly rig numbers released on Friday by Baker Hughes Co. Oklahoma’s count remained …

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