Jack Money  More regulated utilities kicked off cases seeking to recover billions of dollars of storm-related costs from customers at the Oklahoma Corporation Commission this week.On Thursday, Oklahoma Gas and Electric (OG&E) and Public Service Co. of Oklahoma (PSO) filed requests to start regulatory recovery proceedings with the agency. Oklahoma Natural Gas (ONG), which supplies residential and many commercial customers with that fuel, filed its case before the commission last week.While it isn’t yet clear what the total costs will be, OG&E alone aims to recover $1 billion in...…Jack Money  More regulated utilities kicked off cases seeking to recover billions of dollars of storm-related costs from customers at the Oklahoma Corporation Commission this week.On Thursday, Oklahoma Gas and Electric (OG&E) and Public Service Co. of Oklahoma (PSO) filed requests to start regulatory recovery proceedings with the agency. Oklahoma Natural Gas (ONG), which supplies residential and many commercial customers with that fuel, filed its case before the commission last week.While it isn’t yet clear what the total costs will be, OG&E alone aims to recover $1 billion in...WW…

Jack Money The U.S. Environmental Protection Agency on Monday emphasized it is taking the side of the ethanol industry in a case that pits the agency against small, independent refiners.On Monday, the agency published a news release reaffirming its support of an appeals court decision invalidating decisions made by the Trump-led EPA to allow a small refiner in Oklahoma and others to sidestep renewable fuels blending requirements.The decision in January 2020 was heavily criticized by political leaders of oil and natural gas-energy dominant states and was appealed by the refiners to the .The...…Jack Money The U.S. Environmental Protection Agency on Monday emphasized it is taking the side of the ethanol industry in a case that pits the agency against small, independent refiners.On Monday, the agency published a news release reaffirming its support of an appeals court decision invalidating decisions made by the Trump-led EPA to allow a small refiner in Oklahoma and others to sidestep renewable fuels blending requirements.The decision in January 2020 was heavily criticized by political leaders of oil and natural gas-energy dominant states and was appealed by the refiners to the .The...WW…

Jack Money Two of Oklahoma’s regulated natural gas suppliers are asking customers to conserve the fuel between now and Friday morning. Sunday morning, Oklahoma Natural Gas joined CenterPoint Energy in asking its customers to keep an eye on how much gas they are using. ONG, a division of ONE Gas that serves about 884,000 Oklahoma homes and businesses, said it began preparing for this last week’s conditions when it sent notices to its commercial and industrial customers to advise them shortages might occur as this week’s weather plays out. Kent Shortridge, ONG’s operations vice...…Jack Money Two of Oklahoma’s regulated natural gas suppliers are asking customers to conserve the fuel between now and Friday morning. Sunday morning, Oklahoma Natural Gas joined CenterPoint Energy in asking its customers to keep an eye on how much gas they are using. ONG, a division of ONE Gas that serves about 884,000 Oklahoma homes and businesses, said it began preparing for this last week’s conditions when it sent notices to its commercial and industrial customers to advise them shortages might occur as this week’s weather plays out. Kent Shortridge, ONG’s operations vice...WW…

Jack Money Oklahomans fresh off a massive electrical outage in late October caused by an unseasonably early ice storm face the potential for additional outages this next week.But if outages happen during this current storm, they much likely will be more localized and the result of unfortunate encounters between out-of-control vehicles and power poles that support transformers and electrical distribution lines.Oklahoma Gas & Electric is prepared to respond to those types of situations as this latest event evolves.Earlier this week, it activated an incident command system to monitor the...…Jack Money Oklahomans fresh off a massive electrical outage in late October caused by an unseasonably early ice storm face the potential for additional outages this next week.But if outages happen during this current storm, they much likely will be more localized and the result of unfortunate encounters between out-of-control vehicles and power poles that support transformers and electrical distribution lines.Oklahoma Gas & Electric is prepared to respond to those types of situations as this latest event evolves.Earlier this week, it activated an incident command system to monitor the...WW…

Jack Money Maybe we are just spoiled.But changing metrics in both the global and the nation’s natural gas markets are beginning to financially impact Oklahoma electricity users.This week, Public Service Co. Of Oklahoma (PSO) announced it is increasing its fuel cost adjustment rider that its 550,000 customers pay on their monthly bills. The average residential customer will see about a $5 increase per month beginning in January.Natural gas prices are climbing, which pushes costs higher for homeowners who use the fuel to cook or help heat their homes, and also for other power providers that...…Jack Money Maybe we are just spoiled.But changing metrics in both the global and the nation’s natural gas markets are beginning to financially impact Oklahoma electricity users.This week, Public Service Co. Of Oklahoma (PSO) announced it is increasing its fuel cost adjustment rider that its 550,000 customers pay on their monthly bills. The average residential customer will see about a $5 increase per month beginning in January.Natural gas prices are climbing, which pushes costs higher for homeowners who use the fuel to cook or help heat their homes, and also for other power providers that...WW…

sharesThe number of energy companies either headquartered or operating within Oklahoma filing for bankruptcy continues to climb.Gulfport Energy became the latest and at least the ninth just in the past couple of years to seek the assistance on Saturday, when it filed a case seeking Chapter 11 status in the U.S. Bankruptcy Court for the Southern District of Texas.Gulfport’s filing is based upon a Restructuring Support Agreement (RSA) its petition states it negotiated with lenders. It said the agreement also has been accepted by investors who hold more than two thirds of its senior unsecured...…sharesThe number of energy companies either headquartered or operating within Oklahoma filing for bankruptcy continues to climb.Gulfport Energy became the latest and at least the ninth just in the past couple of years to seek the assistance on Saturday, when it filed a case seeking Chapter 11 status in the U.S. Bankruptcy Court for the Southern District of Texas.Gulfport’s filing is based upon a Restructuring Support Agreement (RSA) its petition states it negotiated with lenders. It said the agreement also has been accepted by investors who hold more than two thirds of its senior unsecured...WW…

sharesTULSA — Another Oklahoma-based oil and gas company is on its way to being gone.In a move one analyst expects to see more of, Mid-Con Energy Partners announced Monday it is merging with Contango Oil & Gas.The Fort Worth, Texas-based Contango will assume ownership of Mid-Con’s assets as part of an all-stock deal valued at $400 million that’s expected to close by early next year.Contango officials said the deal benefits their company because it increases its exposure to proved-developed oil reserves at an attractive price, reduces its costs and provides Mid-Con’s investors with...…sharesTULSA — Another Oklahoma-based oil and gas company is on its way to being gone.In a move one analyst expects to see more of, Mid-Con Energy Partners announced Monday it is merging with Contango Oil & Gas.The Fort Worth, Texas-based Contango will assume ownership of Mid-Con’s assets as part of an all-stock deal valued at $400 million that’s expected to close by early next year.Contango officials said the deal benefits their company because it increases its exposure to proved-developed oil reserves at an attractive price, reduces its costs and provides Mid-Con’s investors with...WW…

Jack Money The bankruptcy process for Chesapeake Energy is far from over.But the company made a filing with the U.S. Securities and Exchange Commission Friday that provides new information about its projected future operations, expenses, earnings and debt from 2021 through 2025.About its future operationsData on each of Chesapeake’s operating areas was pulled from its website, state records and SEC filings.• Chesapeake is selling its Mid-Continent operations. On its website, Chesapeake states those operations, run out of Oklahoma City and satellite offices in Weatherford and Kingfisher,...…Jack Money The bankruptcy process for Chesapeake Energy is far from over.But the company made a filing with the U.S. Securities and Exchange Commission Friday that provides new information about its projected future operations, expenses, earnings and debt from 2021 through 2025.About its future operationsData on each of Chesapeake’s operating areas was pulled from its website, state records and SEC filings.• Chesapeake is selling its Mid-Continent operations. On its website, Chesapeake states those operations, run out of Oklahoma City and satellite offices in Weatherford and Kingfisher,...WW…

Jack Money Oklahoma is asking the EPA to grant it the authority to continue regulating environmental issues across areas of the state designated as Indian Territory before statehood.The state seeks the authority under a provision that is part of the Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA) of 2005.Its request comes as Oklahoma and the Five Tribes continue to discuss ramifications from the U.S. Supreme Court's 5-to-4 decision that Congress failed to dissolve the Creek Nation's reservation in 1907.While the case dealt specifically with a criminal matter that...…Jack Money Oklahoma is asking the EPA to grant it the authority to continue regulating environmental issues across areas of the state designated as Indian Territory before statehood.The state seeks the authority under a provision that is part of the Safe, Accountable, Flexible, Efficient Transportation Equity Act (SAFETEA) of 2005.Its request comes as Oklahoma and the Five Tribes continue to discuss ramifications from the U.S. Supreme Court's 5-to-4 decision that Congress failed to dissolve the Creek Nation's reservation in 1907.While the case dealt specifically with a criminal matter that...WW…