May 2026 archive

OK Senate moves on gas tax relief

Senate Moves to Ensure Oklahomans Benefit from Potential Federal Gas Tax Relief Pro Tem Paxton Calls on House to Stop ‘Waiting’ and Pass Measure Immediately The Oklahoma Senate has amended legislation to ensure Oklahomans will see lower prices at the pump if the federal government suspends the federal gasoline tax. Earlier this week, President Donald …

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Energy briefs—US oil to China?

China talks oil ** The White House says that Chinese President Xi Jinping, in his meeting with President Trump, “expressed interest” in buying more U.S. oil to reduce reliance on the Strait of Hormuz. Ship sunk  ** “In the latest incident on the trade route, an Indian cargo vessel carrying livestock from Africa to the …

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Hot weather prompts SPP advisory

Hot weather in Oklahoma and surrounding states prompted the Southwest Power Pool grid to issue an advisory about anticipated increased demand for electric use. The SPP launched the Resource Advisory for the West Balancing Authority area on Wednesday, explaining it will be in effect until Thursday, May 14. Temperatures in Oklahoma are expected to reach …

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Regulators defend CWIP for PSO

When Oklahoma Corporation Commissioners voted this week to approve the use of the controversial Construction Work in Progress method for Public Service Company to collect payments for energy projects, it raised an interesting contradiction. Regulators also want the public to know, their hands were tied and they were forced by law to approve the utility’s …

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Oil retreats during Trump’s visit

With President Trump in China talking about getting Beijing’s help in ending the war in Iran and fears of possible U.S. interest rate hikes, investors backed off on Wednesday sending crude oil futures down 1% to 2%. Reuters reported Boston Federal Reserve President Susan Collins said on Wednesday the U.S. central bank may need to …

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Geothermal firm boosted by Devon

  The initial price offering for geothermal power developer Fervo Energy came in Tuesday at $27 per share as it made its debut on Nasdaq, and as a result, the energy firm had raised $1.89 billion. Oklahoma City’s Devon Energy is considered one of the largest shareholders. Just three years ago, the oil and gas …

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Investors sought by ONE Gas

    ONE Gas, Inc. announced it will participate in the American Gas Association Financial Forum, May 17-19, 2026, in Scottsdale, Arizona. Robert S. McAnnally, chief executive officer, Curtis Dinan, president and chief operating officer, and Christopher Sighinolfi, senior vice president and chief financial officer, will be conducting a series of meetings with members of …

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Data centers boost earnings for Siemens

The growing number of data centers across the U.S. is being credited for a 9% gain in revenue for Germany energy technology company Siemens Energy. Here’s why it’s important in the world of data centers and natural gas. While Siemens is based in Germany, it is a well-known company for its manufacture of wind farm …

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Gallup finds data center opposition

Those Oklahomans that some critics called members of the “tinfoil hat crowd” for their opposition to proposed data centers certainly have a lot of others like them across the U.S. So suggests a new Gallup poll that says Oklahomans who are fighting data centers in Coweta, Broken Arrow, Sand Springs, Piedmont, Luther and Yukon and …

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Energy briefs—war’s impact on oil

Closure hits oil output ** April output from Persian Gulf countries affected by the Strait of Hormuz closure was 14.4 million barrels per day below pre-war levels. Cumulative losses during the conflict exceed 1 billion barrels. US considers request ** The trading arm of Vietnam’s ‌state oil company has urged the U.S. Navy to allow …

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