Category: Oil & Gas

Corporation Commissioners to meet Wednesday to consider rulemaking changes

Corporation Commissioners in Oklahoma will meet Wednesday to handle their normal signing agendas but some rulemaking changes as well. In the 1:30 p.m. meeting, the three commissioners will take votes on their daily signing agenda and their 24-hour signing agenda cases. The rulemaking changes will deal with Gas & Hazardous Liquid Pipeline Safety, Motor Carriers, …

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Rogers County blocks PSO at northeastern generation project, then is sued

Public Service of Oklahoma has taken the Rogers County Commissioners to court, suing them for preventing the utility from construction of more structures on company-owned land. The projects, as detailed by PSO in a September 2025 application for Corporation Commission pre-approval of construction, were denied by the County Commission and the Rogers County Board of …

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Government forecasts cheaper gasoline this year and next

EIA expects lower gasoline prices in 2026 and 2027 as crude oil prices fall   In the latest Short-Term Energy Outlook from the federal government, it forecasted retail U.S. gasoline prices will be lower the next two years than in 2025, falling 6% in 2026 and then increasing 1% in 2027. The Energy Information Administration stated …

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Key permit obtained by Muskogee lithium refinery operator

Stardust Power Secures Key Air Permit for Muskogee Lithium Refinery More than a year after breaking ground in Muskogee, Stardust Power Inc. has cleared a major regulatory hurdle for its planned lithium refinery with approval from state environmental regulators. The Connecticut-based developer of battery-grade lithium carbonate announced it has received an air quality construction permit …

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Regulators went behind closed doors to talk about CWIP law

Corporation Commissioners Revisit CWIP Law in Closed-Door Meeting More than a year after Oklahoma lawmakers approved a controversial utility financing measure, members of the Oklahoma Corporation Commission appear to be reassessing the impact of the law they once strongly opposed. According to a filing for a meeting exempt from the state’s Open Meeting Act, Commissioners …

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Energy bills galore waiting for Oklahoma legislators

Energy policy takes center stage ahead of Oklahoma’s 2026 session Energy policy — from data centers and artificial intelligence to water use, eminent domain, taxation, and the Oklahoma Corporation Commission — is poised to dominate discussion when the Oklahoma Legislature convenes for the 2026 regular session in early February. More than 60 energy-related bills were …

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Oil prices steady on MLK holiday

  Crude oil prices finished steady on Monday, a U.S. federal holiday. Instead of Venezuela and Iran, market-watchers had their attention turned Monday on the U.S. war of words over Greenland. The refocus reduced any chances of a U.S. attack on Iran, a possibility that would have disrupted supplies. Reuters reported that in the longer …

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Big new find in Permian Basin

    A new discovery by the U.S. Geological Survey in the Permian Basin no doubt has energy exploration companies excited, including some from Oklahoma. The USGS claims the newly discovered reserves are enough to supply the U.S. for 10 months. The federal government’s earth sciences arm says it found 28.3 trillion cubic feet of …

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Another week of steady rig numbers in Oklahoma

Oklahoma’s oil and gas plays saw no change in the number of active drilling rigs over the past week, according to the most recent Baker Hughes Rig Count. The Cana Woodford had the highest total of active rigs with a count of 17, the same number from a week earlier. The Granite Wash, a play …

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NextEra Energy’s 4Q earnings report to be released

  NextEra Energy, the Florida-based energy development company with extensive operations in Oklahoma, plans to release its fourth-quarter and full-year 2025 financial results later this month. The company recorded a nearly 10% adjusted earnings increase in the third quarter. The results will be made known before the opening of the New York Stock Exchange on …

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