Crude oil prices fell nearly 3% Wednesday after President Donald Trump signalized the U.S. might soon wind down its military operations against Iran. He also threatened to quit NATO over its lack of support in the Middle East operation. “I can’t tell you exactly … we’re going to be out pretty quickly,” Trump told …
Tax Commission confirms data breach of taxpayer’s files
An apparent large data breach occurred in the past few months in the files of the Oklahoma Tax Commission and notifications were sent out this week to those whose files might have been targeted. The Tax Commission started notifications just this past week but the breach was discovered in December of last year. Those who …
House bill approved to stop climate change lawsuits
The Oklahoma legislature is close to enacting a proposal to protect oil and gas companies from being sued over climate change lawsuits. HB1439, authored by Rep. Anthony Moore and Sen. Julie Daniels, won approval in the House Energy committee Wednesday on a 9-3 vote. Rep. Moore told the committee it’s designed to put an end …
Corporation Commission closed meetings law to end in July
An attempt to extend the ability of the Oklahoma Corporation Commission to continue its exemption from the state’s Open Meeting act past an approaching deadline appears to be stalled in the state legislature and might be dead for the session. HB4489 by Rep. Tammy Townley and Sen. Dave Rader was designed to extend the …
Study claims data centers do not drive up price of electricity
“The state-level data firmly rejects the narrative that data centers drive up electricity prices. That may or may not change in the future, but the most recent data shows that data centers are not responsible for higher electricity rates.” The conclusion of the Institute for Energy Research is that data centers do not …
Texas high court ends Winter Storm Uri lawsuits
Texas Supreme Court Ends Winter Storm Uri Lawsuits Five years after Winter Storm Uri resulted in the deaths of more than 200 people in the state of Texas, the Texas Supreme Court has brought an end to lawsuits filed against power generators. Court Ends Appeals, Sides With Power Companies As reported by the Texas Tribune, …
Energy Briefs: Iran Power Restored, Oil Flows Disrupted
Iran Energy Infrastructure Damage and Power Restoration Iran energy infrastructure Tehran Karaj power restored: Iran’s government says energy infrastructure has been damaged, but Iranian media reports that power has been restored to most parts of Tehran and the nearby city of Karaj. Russian Oil Flows Drop After Drone Strikes Russian oil flows Baltic shipments Ukraine …
Major construction projects underway for ONEOK
ONEOK Expands Pipeline Network With Major Projects Nationwide An annual report released by ONEOK shows the Oklahoma-based energy firm is in the midst of some major construction projects, not just in Oklahoma but other states where it has a 60,000-mile pipeline network. Energy Demand Growth Drives Expansion Leadership said energy demand is growing across the …
Vermont defends superfund law targeting oil and gas firms
While Oklahoma legislators consider legislation to protect oil and gas firms in the state from being sued over climate change claims, in Vermont, it’s just the other way around. The state also finds itself in court defending its law. The Associated Press reports Vermont’s effort to make fossil fuel companies pay for damage caused by climate …
Stardust joins group to advance Muskogee lithium refining ops
Stardust Power Joins Lithium Innovation Cluster for Muskogee Project Stardust Power Inc. announced it has joined a special cluster of industry firms to help advance its lithium-grade refining operations being built at Muskogee in eastern Oklahoma. Company to Take Advantage of Technical Collaboration The Connecticut-based firm said it joined the Lithium Regional Innovation Cluster, a …