The state has a vested interest in seeing this effort succeed. Oklahoma only uses about a third of the natural gas it produces. Natural gas-fired electric generation can be used by oil and gas producers to further develop Oklahoma's oil and natural gas supplies, another perfect example of the energy nexus. At the same time, utilities must have tools, such as long-term contracts, to manage their fuel needs in a cost-efficient manner. The commission's innovative rules for such contracts, crafted through the cooperation of various stakeholders, have garnered national attention.
As Albert Einstein observed, “The significant problems we face cannot be solved at the same level of thinking we were at when we created them.” In Oklahoma, especially when it comes to the energy nexus and Oklahoma's role as an energy leader, we continue trying to solve problems with innovation and collaboration.
Murphy is a member of the Oklahoma Corporation Commission.