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The war in Iran has roiled energy markets. Oil has spiked, natural gas is soaring in Europe and Asia, and gasoline prices have seen their highest one-week jump in years.
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Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October.
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OG&E to appeal to Oklahoma Supreme Court as regulators deny bid to charge customers for constructionThe action comes following a series of regulatory meetings about whether Oklahoma Gas & Electric Company should be permitted to start charging customers for the construction of two new natural gas turbines before they are in service.
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Sen. Casey Murdock, R-Felt, authored Senate Bill 1929, which passed the Senate Committee on Energy on Thursday.
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Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
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The high prices came as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain.
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Across the country, Republicans and Democrats have found bipartisan agreement on regulating artificial intelligence and data centers. But it's not just big tech aligning the two parties.
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The Energy Department made the rules public a month after NPR reported about their existence. The rules slash requirements for security and environmental protections.
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Many farmers have had to fallow land as a state law comes into effect limiting their access to water. There's now a push to develop some of that land … into solar farms.
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Rooftop solar installers are steering customers toward leases instead of purchases. Federal tax credits for purchased systems have ended but are still available for leased ones.
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Drummond praises EPA proposal to roll back Biden-era rule on industrial chemical accident preventionOn Feb. 13, the Environmental Protection Agency announced a proposal to reduce regulations on facilities that use hazardous substances.
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The Environmental Protection Agency has rolled back a key scientific standard called the endangerment finding. It was the basis for many federal greenhouse gas regulations. The repeal could affect Oklahoma.
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Sen. James Lankford is cosponsoring a bill that would eliminate a tax contributing to the remediation of the country’s most contaminated lands. More than a dozen such sites are listed in Oklahoma.
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The Trump administration tried to end or privatize the government Energy Star efficiency program. But now Trump has signed a budget bill that fully funds the program and leaves it even stronger.