OK Energy Today

Energy quick reads

Energy quick reads - Oklahoma Energy Today ** Exxon and Canada-based crude pipeline operator Enbridge were sued in Illinois federal court on Tuesday over claims they barred a competitor from building a terminal to ship oil by barge from the Chicago area to refineries in the Midwest and Gulf of Mexico. ** House Small Business Committee Chair....

Surge in crude stocks across U.S. and the Cushing Hub

Surge in crude stocks across U.S. and the Cushing Hub - Oklahoma Energy Today A more than 12-million barrel jump in U.S. crude inventories sent crude oil prices plunging on Wednesday and crude stocks at the Cushing Hub in Oklahoma added to the surprising surge. U.S. inventories rose to 439.5 million barrels last week according to the U.S. Energy Information Administration. An...

Oil field employment stayed flat in January across Oklahoma and other states

Oil field employment stayed flat in January across Oklahoma and other states - Oklahoma Energy Today The government reported this week the oil and gas industry lost 3,741 jobs in the month of January. The figures from the Bureau of Labor Statistics showed that job availability, compared to December, decreased by 0.6% across the sector. The Energy Workforce & Technology Council analyzed the prelimin...

Lucas questions influence of environmental activist groups on Biden administration

Lucas questions influence of environmental activist groups on Biden administration - Oklahoma Energy Today Just how much influence do environmental activist groups carry with the Biden White House? Are they in essence writing some of the controversial new rules? It's a question Oklahoma Congressman Frank Lucas wants answered in his capacity as chairman of the House Committee on Science, Space and Technol...

House Republicans demand Biden to lift LNG freeze

House Republicans demand Biden lift his freeze of new LNG ports - Oklahoma Energy Today (Creator: J. Scott Applewhite | Credit: AP) Four Oklahomans in the U.S. House were among more than 150 Republicans who sent a letter to the President this week, blasting his freezing of permits for new LNG projects across the nation. At least seven Democrats also sent a similar letter to the White H...

Gasoline prices on the rise…

Gasoline prices on the increase again - Oklahoma Energy Today Heading into the past weekend, Oklahoma gasoline prices had risen six cents from the previous week to an average of $2.66 a gallon according to AAA Oklahoma. Oklahoma City prices were up nearly a dime from a prior week. The national average had risen a penny to $3.10 per gallon and the increase

How China’s economic problems caused crude oil to drop…

How China’s economic problems caused crude oil prices to drop Monday - Oklahoma Energy Today China's ailing property sector fueled demand worries in Monday's trading and as a result, crude oil prices fell more than a dollar a barrel. Oklahoma energy stocks were left mixed but a few firms dropped 5% to 7% in trading. Traders reported took another view of the supply risk premium also because....

If LNG were food, would we call Biden a tyrant?

If LNG were food, would we call Biden a tyrant? - Oklahoma Energy Today Some are calling President Biden's move to delay approval of some big LNG projects across the U.S. a big victory for environmentalists. But Brook Simmons, President of the Petroleum Alliance of Oklahoma thinks just the opposite "If Europe were starving and our president used his executive power to l...

Next generation pipeline bills filed in the House.

Next generation pipelines bill filed in House - Oklahoma Energy Today Some members of the House Science committee chaired by Oklahoma Rep. Frank Lucas are calling for improvements in oil and natural gas pipelines across the U.S. The maze of lines buried across the country is the focus of modernization efforts by Science, Space and Technology Committee members Rep. Ran...

Could Oklahoma be the AI capital?

Governor wants to expand artificial intelligence in Oklahoma - Oklahoma Energy Today Oklahoma Gov. Kevin Stitt says "Oklahoma truly could be the AI capital of the nation." He's released the recommendations of his AI Task Force and wants artificial intellilgence to become a mainstay for the Oklahoma economy. The Task Force suggests the implementation of AI could make the state govern...

Water shortages developing in rural Oklahoma.

Water shortages developing in Oklahoma small towns - Oklahoma Energy Today A report by KOCO TV News indicated that several towns across Oklahoma are dealing with water shortages. The Oklahoma Rural Water Association indicated at least five towns in the state reported the need to save water in the past few days. Lawrence Wortham, mayor of Perry said the city water supply "i...

Copper thieves bring down radio station’s tower

Copper thieves bring down radio station’s tower - Oklahoma Energy Today Copper thieves were so desperate to swipe the metal from a radio tower in Hugo, they cut the tires holding the tower, causing the 500-foot structure to collapse, knocking a local radio station off the air. "You've robbed the community of a voice. You've robbed the community of a way to communicate v...

Rising Ocean Waters, Climate Change, Melting the Antarctic. What Scientists believe to be the best strategy.

https://www.okenergytoday.com/2023/01/scientists-change-their-minds-about-melting-of-antarctic/

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Oklahoma’s new State Treasurer, Todd Ross is making sure the financial well-being is a top issue.

https://www.okenergytoday.com/2023/01/oklahoma-treasurer-makes-energy-discrimination-a-top-issue/

Biden administration wants to adopt a nationwide ban of gas stoves.

Oklahoma was ahead of the curve in gas stove bans - Oklahoma Energy Today Nearly 3 years after Oklahoma recognized environmental attacks on the use of natural gas and adopted a law against natural gas bans, headlines are screaming headlines of how the Biden administration wants to adopt a nationwide ban of gas stoves. Consumer Product Safety Commissioner Richard Trumka Jr...

Increased Oil and Gas drilling in New Mexico had Governor Michelle Lujan Grisham propose a 12% spending increase in the state budget.

Critics of New Mexico’s oil and gas industry won’t turn down its revenue - Oklahoma Energy Today The state of New Mexico received so much revenue from increased oil and gas drilling that the governor and legislators proposed a 12% spending increase in the state budget. While Gov. Michelle Lujan Grisham has been a proponent of renewable energy, she also has been quick to take advantage of the mo...

Evergy with $1 Billion in growth is Kansas’s largest utility company. Capital Expenditure Plans.

Evergy blames renewable energy additions and inflation for higher capital expenditures - Oklahoma Energy Today Capital expenditure plans by Evergy, the largest electricity utility in Kansas, grew more than $1 billion and the giant company blames inflation as well as the addition of more renewable energy. It could result in higher electricity rates this year in Kansas reported the Kansas Reflector. Click here...

New report with continued growth on Oklahoma’s General Revenue fund collections.

Oklahoma’s General Revenue Fund collections are still growing - Oklahoma Energy Today A new report shows Oklahoma's General Revenue Fund collections in the first half of the 2023 Fiscal Year gained more than 13% compared to the previous year. The report by the Office of Management and Enterprise Services indicated collections in December totaled $767.6 million, an amount that was $78...

Approval to increase the use of corn-based ethanol could lead to higher gas prices.

Higher gas prices could hit us if ethanol plan is approved - Oklahoma Energy Today If a plan by seven Midwestern state governors is approved to increase the use of corn-based ethanol, we could be staring at higher gasoline costs. The federal government is reviewing the plan that if approved would of course be good news for corn farmers, but not necessarily for consumers reported B...

Congresswoman, Stephanie Bice speaks up on President Biden's energy agenda for America. Rep. Bice says it's time to resume energy production in states like Oklahoma.

Bice says congress must halt Biden’s anti-American energy agenda - Oklahoma Energy Today In a message she called "Welcome to the Republican Majority," Oklahoma congresswoman Stephanie Bice called for an end to what she said was President Biden's anti-American energy agenda. Her call came in a letter to constituents in which she said it was also time to resume energy production in states...

If solar energy can be used to charge electric fences used by farmers, why not the same process for EV chargers but on a larger scale?

Firm creates solar power for EV chargers If solar energy can be used to charge electric fences used by farmers, why not the same process for EV chargers but on a larger scale? A company based in Olathe, Kansas has come up with what…

Governor Kevin Stitt announced the appointment of Chad Mariska to serve as Oklahoma’s Secretary of Commerce and Workforce Development. Mariska’s appointment follows the resignation of Scott Mueller.

New Oklahoma Commerce Secretary named by Governor Stitt Governor Kevin Stitt announced the appointment of Chad Mariska to serve as Oklahoma’s Secretary of Commerce and Workforce Development. Mariska’s appointment follows the resignation of Scott …

A shocker in the Oklahoma Panhandle where one inch of rain fell Tuesday night in Boise City.

Rain in the Oklahoma Panhandle! A shocker in the Oklahoma Panhandle where one inch of rain fell Tuesday night in Boise City. It not only probably stunned residents of the most western of the counties that make up the Panha…

 Senator James Lankford (R-OK), who serves on the Senate Energy and Natural Resources Committee, joined Senator Bill Cassidy, M.D. (R-LA) to lead a group of Republican senators in demanding the Biden Administration end its assault on domestic oil and gas production and continue to sell oil and gas leases on federal land and water.

Senators tell Biden it’s time to end his war on oil and gas Senator James Lankford (R-OK), who serves on the Senate Energy and Natural Resources Committee, joined Senator Bill Cassidy, M.D. (R-LA) to lead a group of Republican senators in demanding t…

Crude oil prices rose again Wednesday in response to the decision by OPEC+ to cut oil production by an amount even larger than many had speculated. The cut by the oil-exporting countries was seen as a move to support sagging oil prices, but it could also deal another blow to a struggling global economy.

OPEC+ cuts production while crude prices rose and OK energy stocks made gains Crude oil prices rose again Wednesday in response to the decision by OPEC+ to cut oil production by an amount even larger than many had speculated. The cut by the oil-exporting countries was…

Oklahoma Corporation Commissioners will meet Thursday morning to consider the annual fuel cost adjustment request for Oklahoma Gas and Electric Company.

Regulators to consider OGE request Oklahoma Corporation Commissioners will meet Thursday morning to consider the annual fuel cost adjustment request for Oklahoma Gas and Electric Company. The hearing concerns Case No. PUD2022…

A Democratic candidate for Congress from New Mexico finds himself in a quandary as election time approaches.

New Mexico congressional candidate changes tune about oil and gas A Democratic candidate for Congress from New Mexico finds himself in a quandary as election time approaches. Should he stand by his 2018 call for an immediate end to oil and gas prod…

The Southwest Power Pool, of which Oklahoma is a member, welcomed its first international member this week.

Southwest Power Pool welcomes first international member The Southwest Power Pool, of which Oklahoma is a member, welcomed its first international member this week. The group, based in Arkansas announced the membership of Saskatchewan Power Corpor…

Oklahoma County became the latest county to issue a burn ban as Oklahoma’s drought widens further across the state.

Burn ban adopted by Oklahoma County Oklahoma County became the latest county to issue a burn ban as Oklahoma’s drought widens further across the state. Click here for Fox 25 News