June 2017 archive

Car Dealers Cry Foul Over New Tax Law

Another lawsuit has been filed in a constitutional challenge to one of the new tax laws created in the recent legislative session in Oklahoma. It was filed by the Oklahoma Automobile Dealers Association along with Battison Honda in Oklahoma City and a Ponca City woman who contend the new 1.25 percent sales tax on Oklahoma …

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AAA Oklahoma Reports State Gas Average of $1.95 a Gallon

Oklahoma now has the cheapest gas in the Midwest as the national average hit $2.26 per gallon, according to a report issued Tuesday by AAA Oklahoma. After steadily rising slightly above $2 a gallon, Oklahoma’s average price for regular self-serve gasoline fell by a whopping 19 cents from a month ago to a statewide average …

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Oil Rebounds on Monday as Analysts Anticipate Large Supply Drawdown Due to Tropical Storm Cindy

Crude oil futures climbed higher on Monday, buoyed by forecasts for a weather-related weekly decline in domestic supplies, according to Bloomberg MarketWatch. Analysts are eyeing the possibility of a hefty decline in last week’s U.S. crude inventories in the wake of temporary production disruptions caused by a tropical storm in the Gulf of Mexico. August …

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Completion Reports June 27, 2017

  BEAVER COUNTY Chaparral Energy Llc 32 4N 21E Beaver River Waterflood Unit Producer 4, June 07, 2017 SH, TA, TD: 6900 ft Lat: 36.76212, Long: -100.82549 API: 35007228380001 BLAINE COUNTY Continental Resources Inc Mississippian(9326): Oil 716 Gas 1702 Water 860 Flow 7 16N 11W Houses Quarter 10-7-6xh, May 16, 2017 HH, OIL, TD: 17958 …

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Permits to Drill June 27, 2017

  Blaine County TOM BIA 1311 #1-17-8MXH, June 26 2017 08 13N 11W SESESWNW API: 01123818 Lat: 35.61730514404235, Long: -98.39814664157518 MARATHON OIL COMPANY HH, DR, 20124 ft, MISSISSIPPI(12390) Carter County BURTON “B” #3, June 26 2017 31 1S 2W SENWSESE API: 01923809 Lat: 34.42203969112643, Long: -97.44260728371454 BUTKIN OIL COMPANY LLC SH, RC, 2500 ft, HOXBAR(1308) …

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Pruitt Heads Back to Congress for Funding

EPA Administrator Scott Pruitt goes before a U.S. Senate subcommittee of the Senate Appropriations Committee today. Only he and senior adviser Holly Greaves will answer questions from the subcommittee chaired by Sen. Lisa Murkowski. The hearing by the Interior, Environment and Related Agencies Subcommittee focuses on the FY 2018 budget request for the EPA. The …

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Former Power Plant Operator Gets Prison Time

For embezzling $1.5 million from the South Texas power plant he led, former CEO John David Upchurch has been sentenced to two years in federal prison. He was a CEO of Chase Power Development and pleaded guilty earlier this year to conspiracy and wire fraud. He has repaid the stolen money. Prosecutors say he submitted fake …

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Wyoming Tracks Bad Energy Operators

In Wyoming, the state has decided it wants to monitor failed oil and company operators who try to restart business with a new firm or shrug their legal responsibilities. The Wyoming Oil and Gas Conservation Commission says it wants to keep track on those connected to what it labels as bad operations. A spokeswoman for …

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DEQ Public Meeting Tuesday on Mercury Levels in Fish

The Oklahoma Department of Environmental Quality’s public meeting on mercury levels in fish taken from 14 lakes will be held Tuesday in Oklahoma City. The agency’s added the lakes since its last advisory was issued in 2016 regarding elevated levels of mercury found in some of the fish. The advisories came as a result of …

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Pruitt’s Secrecy Earns Him “Golden Padlock” Award from Journalism Group

The “Golden Padlock” award has been given to EPA administrator Scott Pruitt for his record on transparency. With tongue in cheek, the journalism group Investigative Reporters and Editors recognized Pruitt over the weekend during its annual conference held in Phoenix, Arizona. The group did so as a means of emphasizing Pruitt’s record on keeping public …

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