April 9, 2018 archive

SandRidge Energy Responds to Icahn’s Attempted Takeover

Days after corporate raider Carl Icahn announced his intention to attempt a total replacement of the SandRidge Energy Board of Directors, the company responded Monday saying it has attempted to get his input but he has refused the offers. The lengthy statement said in part: “SandRidge welcomes shareholder input and will review all qualified candidates …

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Senators Put Wind Industry in Their Sights

One of the latest bills in the legislature to target Oklahoma’s wind industry was unveiled Monday by two Senators who maintained they were not “anti-wind industry,” but that Oklahoma is on the hook for up to $750 million in tax credits in the next ten years. “It’s not right that we are raising everyone else’s …

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Crude Oil Prices Make Big Two-Week Gains in Monday’s Trading

With tensions easing in a possible trade war with China, crude oil prices rose the most in two weeks on Monday. The price for a barrel of West Texas Intermediate crude rose $1.36 to hit $63.42 a barrel on the New York Mercantile Exchange.  It’s still a few dollars below the 52-week high of $66.66. …

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Denver Federal Appeals Court Rules Against Two Osage County Land Owners

The U.S. 10th Circuit Court of Appeals in Denver has ruled against two northeast Oklahoma residents in their legal fight against oil and gas operations in Osage County. The federal appeals court upheld a lower court judge’s ruling to dismiss the suit filed by Martha Donelson and John Friend. The two had originally filed suit …

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Unwanted Headlines and News Coverage for Pruitt

How much national news coverage is Scott Pruitt getting these days over things at the EPA?  Obviously, far more than he wants and ever expected to get. Just consider how Politico’s Morning Energy Report covered things last Friday: WHAT COMES NEXT? EPA Administrator Scott Pruitt fared seemingly well Thursday, at least comparatively – appearing in no …

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Informational Meeting Set for Eagle Industries Superfund Site in Midwest City

The State Department of Environmental Quality plans to hold an informational meeting Tuesday evening to discuss the Eagle Industries Superfund Site in Midwest City. The event will be held from 6:30 p.m. until 8 p.m. at the Nick Harroz Midwest City Community center at 200 North Midwest Boulevard. Representatives from the DEQ and the Environmental …

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Gasoline Prices Slip in Oklahoma

Oklahoma gasoline prices dropped 4 cents a gallon over the past week while nationally, the average remained at $2.66 a gallon. AAA Oklahoma reports the statewide average is at $2.38 compared to the $2.42 reported one week ago. One year ago, motorists in the state paid an average $2.16 a gallon. But analysts expect prices …

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Circling the Wagons for Scott Pruitt

The President says he’s standing by Scott Pruitt. So do Oklahoma U.S. Senators Jim Inhofe and James Lankford. And while Pruitt faces seemingly scandal after scandal over his spending at EPA, allies are taking no chances. At least that’s how E and E is reporting the controversies involving the former Oklahoma Attorney General. The environmental …

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2017 Oilfield Deaths in Oklahoma Low Compared to Other Occupations

  While six oilfield workers have died in accidents already in 2018, the count of fatal oilfield deaths in Oklahoma in 2017 was two.  However, a review of federal records shows there are far more dangerous occupations in Oklahoma including the classroom. The Occupational Safety and Health Administration is probing the gas well explosion that …

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