As crude oil prices hit more than $90 a barrel on Friday, the number of active drilling rigs in the U.S. showed a slight increase while Oklahoma’s count was unchanged. The Baker Hughes Rig Count released on Friday indicated the U.S. total grew by one to 551 and the breakdown reflected an increase of 4 …
Oil prices hit more than $90 a barrel on Friday as the Strait of Hormuz remained closed due to the fighting with Iran. The U.S., Israel and numerous Middle East countries continued their relentless attacks on Iran as the war extended to nearly one week on Friday. Why did WTI prices soar in the …
While fighting continues in the Middle East and the US, Israel and other countries are relentless in their attacks on Iran, crude oil prices rose again on Thursday. Both benchmarks finished the day’s trading into the $80s as the Strait of Hormuz remained closed to oil-transporting tankers. Brent crude, the global standard finished up with …
Data Center Consumer Protection Bill Advances in Oklahoma House Legislation designed to protect Oklahoma electricity consumers and ratepayers from the growing energy demands of large data centers and artificial intelligence facilities is moving forward in the state Legislature. A measure titled the “Data Center Customer Protection Act of 2026” recently cleared two House committees and …
A bill to lower ad valorem taxes for broadband service companies in the state was approved Thursday in the Oklahoma Senate, but not before one senator argued, “This is effectively socialism where government takes taxpayer money and redistributes it to industries that they have decided is favorable.” Tulsa Senator Dave Rader’s SB1122 would …
With a split vote on Thursday, Oklahoma regulators stood by their original denial of allowing Oklahoma Gas and Electric to charge ratepayers for an energy expansion project while it is under construction. The utility offered immediate reaction in which it said it plans to appeal to the Oklahoma Supreme Court. “OG&E is disappointed the Oklahoma …
PSO Urges Storm Preparation as Severe Weather Forecast for Oklahoma Severe weather is in the Friday forecast for Oklahoma including hail and tornadoes. It has the Public Service Company of Oklahoma (PSO) recognizing Oklahoma Severe Weather Awareness Week by encouraging customers to take proactive steps to stay safe and prepared. PSO is also monitoring the …
Data source: U.S. Department of Energy, Monthly Energy Review and Electricity Data Browser U.S. Electricity Generation Reaches Record in 2025 as Power Demand Climbs Demand for electricity in the United States continued to climb in 2025, pushing total U.S. power generation to a new record level, according to newly released federal data. Figures from the Monthly Energy Review, issued …
Chevron Warns Newsom Climate Policies Could Threaten Refineries, Jobs and Fuel Prices Chevron is raising serious concerns about California climate regulations promoted by Gov. Gavin Newsom, warning the policies could damage the state’s economy, threaten refinery operations and increase fuel prices for consumers. The warning came in a letter from Chevron President Andy Walz to …
Gulfport Energy Reports $17.2 Million Share Buyback Oklahoma City-based Gulfport Energy Corporation reported this week the buyback of more than 84,000 shares of its common stock as part of the company’s $1.5 billion common share repurchasing program. The deal totaled $17.2 million in value. Repurchase Agreement Filed With SEC It reported in a filing with …