While protesters vow not to leave their encampment at the Dakota Access Pipeline site in North Dakota, one website is pointing out discrepancies in the claims of the Native Americans. “With the help of celebrities and professional activists, protests against the Dakota Access Pipeline in North Dakota have attracted international attention. The shouting and violence …
The 88th anniversary of the discovery of the massive Oklahoma City oil field that paved the way for a huge oil boom in the state is approaching. It was Dec. 4, 1928 when Oklahoma City #1 came in near SE 59th and Bryant and during its first 27 days produced more than 110,000 barrels of …
Crude oil futures prices fell Friday, as traders awaited decisions from next week’s OPEC production meeting where the cartel could strike a deal to cut output, according to Bloomberg MarketWatch. West Texas Intermediate crude futures finished down $2.02, or 4.2%, at $45.93 a barrel on the New York Mercantile Exchange. For the week, the contract …
While Donald Trump has vowed to eliminate all of the President’s executive orders he believes are constitutional, it might not be as easy as he thinks. So reports Inside Climate News, an environment-friendly publication that suggests in a new fund-raising effort that the fossil fuel industry may top the list of Americans feeling most thankful …
Now a potential fight and standoff with the Dakota Access Pipeline protesters is developing with the federal government. The U.S. Army Corps of Engineers has ordered the protesters off the federal land where they created an encampment over the past several months while protesting the $3.8 billion pipeline that will carry oil from North …
He’s already made a name for himself by challenging some of the Environmental Protection Agency’s regulations such as WOTUS and the Clean Power Plan, and now Oklahoma Attorney General Scott Pruitt apparently is interviewing for a possible job with the Donald Trump administration. Reports indicate that Pruitt will meet Monday in New York City with …
While Oklahoma Natural Gas was ordered recently by the State Corporation Commission to carry out a system-wide review of its pipelines following a Jan. 2 explosion in Oklahoma City, the company is refusing to disclose the locations of problem areas. ONG has reportedly identified more than 200 such sections of potentially dangerous pipeline according …
The Baker Hughes rig count, released early due to the Thanksgiving holiday showed a national increase of 5 rigs to reach 593 while the count in Oklahoma remained unchanged at 79. In the past week, the national count added three oil rigs to reach 474 while the number of gas rigs grew by two …
Despite a decline in domestic crude supplies, oil futures finished slightly lower on Wednesday, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, January West Texas Intermediate crude fell by 7 cents, or 0.2%, to settle at $47.96 a barrel. On London’s ICE Futures Exchange, January Brent crude, the global benchmark, lost 17 cents, or …
Oklahoma City-based Chaparral Energy LLC has cleared the way with its lenders to emerge from bankruptcy. The company also announced the retirement of Mark Fischer, Chaparral’s founder and CEO, according to a report by The Oklahoman. The agreement — which requires approval by the bankruptcy court — would convert $1.2 billion in outstanding debt to …
