Oklahoma’s two oil and gas groups, the Oklahoma Oil and Gas Association and the Oklahoma Independent Petroleum Association plan to hold a rally on Tuesday at the capitol. While the “Rally for Rigs” says nothing about the latest plan from the Oklahoma Education Association calling for a 5 percent gross production tax on oil, the …
March 2018 archive
Crude Prices Slipped on Monday’s Trading
Oil prices both in New York and London slipped on Monday’s trading, tumbling from a two-month high. May contracts for West Texas Intermediate crude on the New York Mercantile Exchange dropped 33 cents before settling at $65.55 a barrel. Brent crude in London’s ICE Futures Europe Exchange took a 40-cent dive and settled at …
Oil and Gas Group Opposes OEA’s Pay Raise Plan
Teachers’ groups that unveiled a $905.6 million dollar plan to get pay raises have run into opposition from the Oklahoma Independent Petroleum Association. The plan unveiled last Friday by the Oklahoma Education Association, the Oklahoma Public Employees Association and the Oklahoma City American Federation of Teachers proposes a number of tax hikes. But what the …
Former Energy Executive to Become OU’s Next President
Former energy executive and OU law school graduate James “Jim” Gallogly is the man picked to succeed David Boren as President of the University of Oklahoma. The OU Board of Regents met early Monday morning and formally voted on proclaiming him to become the 14th president of the university this summer. He was chosen from …
Investigators say Energy Company Was Alerted of Gas Leaks Prior to Deadly Explosion in Dallas
A government report indicated that the natural gas operator involved in a February house explosion that killed a 12-year old girl in Dallas had been alerted 7 weeks earlier of gas leaks in the neighborhood. Atmos Energy is named in a preliminary report from the National Transportation Safety Board which stated the company was made …
Clearing Up a Wind Report
A clarification about our story this week that Chicago-based Invenergy had withdrawn its membership in the Wind Coalition because a state legislator claimed to have found a tracking device on his pickup truck last year. We indicated that Rep. Mark McBride of Moore had accused the Wind Coalition of possibly putting the device on …
Permian Basin Activity Not Boosting New Mexico’s Population
New U.S. Census Bureau figures show populations are not rebounding in the growing oil and gas fields of eastern New Mexico as experts thought they would. Oil prices have rebounded but not the populations especially in the state’s sector of the monster Permian Basin where more than 400 oil and gas rigs are operating. …
Federal Government Won’t Help Fund Rail Improvements at Port of Muskogee
City leaders in Muskogee say they have to resort to other ways to fund rail improvements for the Port of Muskogee after the federal government refused to offer a grant for the nearly $12 million project. The city applied for a so-called TIGER grant or funding through the Transportation Investment Generating Economic Recovery program. But …
Former Oil Executive to Take Over at Oklahoma City University
Former Chesapeake Energy executive Martha Burger will be taking her managerial expertise to Oklahoma City University in a few months where she will become the school’s first woman president. Burger will be the school’s 18th president, succeeding Robert Henry when he officially retires on June 30. But running OCU is nothing new to Burger who …
Federal Government Pulls Out of Clean Line Energy Transmission Project
The federal government’s withdrawn its participation in a more than 700 mile transmission line from western Oklahoma wind farms to Arkansas and Tennessee. The announcement came nearly two years after the U.S. Department of Energy agree to partner with Houston-based Clean Line Energy Partners in developing the $2.2 billion Plains and Eastern transmission line. The …