November 5, 2016 archive

Wind Tax Credit Fight Underway

Oklahoma’s Incentive Evaluation Commission will resume consideration this  week of recommendations to cut tax credits to the wind industry sooner than planned. The Commission received recommendations from consultant, Public Financial Management which urged an end to wind tax credits by 2018, rather than Jan. 1, 2021 as the state originally intended. The recommendation is part …

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Rig Counts Up in Oklahoma and the U.S.

  Rig counts in Oklahoma and across the U.S. rose in the past week with Oklahoma adding 3 more to reach a total of 76 working rigs. Nationally, the count reached 569 with an additional 12 rigs, according to numbers from Houston, Texas-based Baker Hughes. However, the numbers vary greatly since Baker Hughes reports no …

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