The bill amends Section 801.5 of Title 17 of the Oklahoma Statutes to establish natural gas as the preferred fuel source for new electricity generation facilities. It emphasizes the importance of promoting natural gas energy development to leverage the state's abundant natural gas resources and its compatibility with renewable energy sources like wind. The bill sets forth a natural gas energy standard aimed at increasing the use of natural gas in electricity generation, particularly for new generating facilities.

Key changes include the deletion of references to "fossil fuel" in the context of electricity generation, thereby exclusively designating natural gas as the preferred source. The bill also updates the timeline for the implementation of this standard, removing previous dates and establishing that it is the state's intent for new generating facilities to be powered by natural gas. The act is set to take effect on July 1, 2025, and includes an emergency clause for immediate implementation upon passage and approval.