September 2016 archive

Oklahomans Show Support for Native Americans Fighting North Dakota Oil Pipeline

Some Oklahoma Indian tribes are supporting the protest of the Dakota Access oil pipeline that is being built across North Dakota, South Dakota, Iowa and Illinois. The Eastern Shawnee Tribe of Oklahoma recently sent volunteers as well as donations of food, water and other supplies to the protesters who include a large population of Native …

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Oil and Gas Downturn Opens Door to Recession in Oklahoma

The energy downturn in Oklahoma is being blamed again as the latest gross receipts at the State Treasury were down for an 18th consecutive month in August, according to State Treasurer Ken Miller. Some quoted him as calling it a recession in Oklahoma. Miller said one thing is clear—the state’s jobless numbers were greater than …

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State Insurance Department to Offer Earthquake Help Thursday in Pawnee

OKLAHOMA CITY – The Oklahoma Insurance Department (OID) is committed to helping those affected by one of the strongest earthquakes in state history. Gov. Mary Fallin declared a state of emergency in Pawnee County, the area rocked hardest by Saturday’s 5.6 magnitude quake. OID representatives toured the damaged areas and met with local officials Tuesday. …

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400 Seismometers Being Added to Pawnee County Following Weekend Quake

Days after the historic magnitude 5.6 earthquake in Pawnee County, officials are installing hundreds more seismometers. Scientists from Cornell University started delivering the 400 instruments this week with the intent of monitoring the newly-discovered geological fault line that had previously been unknown to researchers. Oklahoma State University scientists will help in the project of burying …

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OIPA Defends Industry in Wake of Pawnee Earthquake

The Pawnee earthquake and subsequent action by the state to shut down more wastewater injection wells has drawn a statement from the Oklahoma Independent Petroleum Association. “The Oklahoma Independent Petroleum Association has released the following statement regarding the state’s recent seismic activity: The OIPA and the oil and gas industry as a whole support the …

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Construction Temporarily Halted on Portion of DAPL Pipeline

A judge temporarily halted construction on a portion of the controversial $3.8 billion Dakota Access Pipeline as he took under advisement the Standing Rock Sioux tribe’s challenge regarding the decision of federal regulators to grant pipeline permits to Dallas-based Energy Transfer Partners. Protestors contend the proposed pipeline will contaminate drinking water supplies on the reservation …

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Williams Attempting to Divest Gulf Coast Plant Ownership

Tulsa-based Williams Partners announced Tuesday that the company is exploring a potential sale or long-term fee-based tolling services agreement to divest ownership in its olefins plant and complex in Geismar, Louisiana. Williams currently holds an 88.5% ownership interest in the Geismar plant which was acquired in 1999 by the company. In 2015, Williams completed an …

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AAA Reports Oklahoma Pump Price Drop Following Labor Day

Oklahoma gasoline prices are down to a statewide average of $2.06 a gallon, a drop of nearly 5 cents in the past week, according to AAA Oklahoma. Nationally, the average price is $2.20 per gallon. Gas prices fell lower heading into the Labor Day weekend, which marks the unofficial end to the summer driving season. …

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WTI Rises, Brent Crude Falls with Settlements on Tuesday

While the West Texas Intermediate crude oil settlement reflected a gain, Brent crude suffered another loss on Tuesday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, October West Texas Intermediate crude rose 39 cents, or 0.9%, to settle at $44.83 a barrel, after falling as low as $43.84 a barrel during the trading …

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Energy Companies Accuse Sierra Club of Wanting Federal Court to become “Seismicity Czar” in Earthquake Fight

Four energy companies sued in Oklahoma City federal court by the Sierra Club in a fight over earthquakes and who or what is causing them contend the Sierra Club is asking the court to be a “backseat driver” while painting itself into a corner. The responses come from Chesapeake Operating LLC, Devon Energy Production, SandRidge Exploration …

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