Oklahoma Corporation Commission (OCC)

The Oklahoma Corporation Commission, which oversees utilities and the oil and gas industry, will be challenged with historically high electricity demand in the coming years, they said.

Although no federal permits for the wells are currently under review in Oklahoma, lawmakers are planning for the state to welcome the carbon sequestration industry.

Senate Bill 998 passed through the House on Tuesday with a 51 to 39 vote.

The Oklahoma Corporation Commission voted in opposition to two bills they say could increase costs for consumers.

The Senate Energy Committee passed the proposed legislation in a Thursday meeting.