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Tag Archives: #OklahomaEnergy

Arkansas Oklahoma Gas customers face possible rate increase

    Oklahoma regulators will meet Thursday to consider whether to approve a more than $1 billion base rate increase for the Arkansas Oklahoma Gas Company affecting its nearly 15,000 customers in Oklahoma. An Oklahoma Corporation Commission Administrative law judge recommended an increase of $1,055,850, down from AOG’s original request …

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Petroleum storage tank rules to be considered at technical conference

  Oil and gas operators in Oklahoma will have to deal with more rule changes proposed by the Oklahoma Corporation Commission and some of its divisions. The Office of General Counsel, Judicial Services, Finance Division, Oil and Gas Conservation Division, Petroleum Storage Tank Division, and Transportation Division are hosting the …

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FERC and others say Texas relies too much on natural gas for its electric grid

  The electric grid in Texas, already criticized for its weakness in the 2021 Winter Storm Uri and severe weather the following year relies too much n uatural gas-fired backup generators after blackouts. It’s the opinion of the Federal Energy Regulatory Commission, the North American Electric Reliability Corp (NERC) and …

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Crude oil prices gain again following more Houthi attacks in Red Sea

(Petty Officer 3rd Class Bill Dodge/U.S. Navy via AP) The Houthi attacks on ships in the Red Sea resulted in still another gain in crude oil prices on Tuesday. Oil prices went up more than a dollar a barrel as the attacks disrupted maritime trade and caused more companies to …

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Panasonic decides a second time against building an EV battery plant in Oklahoma

  Oklahoma’s hopes of landing a Panasonic electric vehicle battery plant were dashed a second time by the huge conglomerate. After Panasonic picked a site in eastern Kansas over Oklahoma for a $4 billion EV battery plant, the firm said it would still explore another such plant in Oklahoma. But …

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4Q earnings release date set by ConocoPhillips

  After record third-quarrter production and earnings of $2.8 billion, ConocoPhillips is preparing to release its fourth quarter earnings report in February. Investors will be anxious to know if earnings improved after dropping from a year earlier. The company will release the results before the market opens on Thursday, Feb. …

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Attorney General seeks public tips about winter storm market manipulation

Oklahoma Attorney General Gentner Drummond announced Tuesday he has launched an online tip form where the public can report allegedly illegal conduct related to energy costs during Winter Storm Uri. The tipline, located on the Attorney General’s website (oag.ok.gov), is designed to collect information about market manipulation and any other …

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PSO to pay rate refunds in January

  Public Service Company of Oklahoma (PSO) residential customers will see refunds of interim rates on their monthly bills starting in January. The Oklahoma Corporation Commission approved new rates for PSO customers on November 21, resulting in refunds with interest on interim rates that began May 22. PSO will apply …

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Attacks on Red Sea shipping sent oil prices up

The Red Sea attacks by Yemini Houthi on martime ships resulted in a pause on BP shipments of oil, resulting in a gain in crude oil prices Monday. At the same time, most Oklahoma energy stocks also saw increases in the value of their shares. What resulted was a gain …

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American Airlines to add 300 jobs in Tulsa thanks to Commerce Department funding

(Stephen Pingry, Tulsa World Archive)il Print Copy article link Save The Oklahoma Commerce Department recently awarded $22 million to American Airlines in Tulsa where 300 jobs will be added to the major aircraft center. “We graciously thank Gov. (Kevin) Stitt, Lt. Gov. (Matt) Pinnell and the state of Oklahoma Department …

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