Tuesday will be “Wind Day” at the state capitol as the industry plans a day of lobbying for support from legislators. More than 90 are expected to be part of the effort. The group OK WindPower will also release an updated economic impact statement. The new data will include current and projected positive economic impact …
One of the large drilling operations in Oklahoma’s STACK formation has been sued by a pension fund and accused of violating SEC regulations. The class-action lawsuit by the Plumbers and Pipefitters National Pension Fund was filed several weeks ago in the U.S. District Court of the Southern District of New York against Silver Run Acquisition …
The Oklahoma Energy Producers Alliance has come out in support of a House bill that would hold horizontal fracking well drillers responsible for damage caused by their operations. The group, comprised largely of vertical well drillers and supporters supports House Bill 1379 by Rep. Zack Taylor (R-Seminole). The bill will be heard Tuesday by the …
The recent indictment of a Chinese engineer at the Phillips 66 operation in Bartlesville is attracting some national and international attention. And some contend it is only the latest sign that China has no intention of slowing down in its corporate spying operations in the U.S. The case came to light weeks ago as reported …
Energy and climate change will get a lot of attention this week on Capitol HIll where some congressional hearings will be held. A House Transportation and Infrastructure Committee will hold a hearing Tuesday on “How Federal Infrastructure Policy Could Help Mitigate and Adapt to Climate Change.” A House Energy and Commerce subcommittee will meet Thursday …
With a deadline this week for some bills to be out of House and Senate Committees, the week could see some late night sessions for legislators. One news site is even suggesting there will be a lot of sack lunches prevalent at the capitol this week. One of those measures is the Workers’ compensation …
While oil and gas companies are reporting record production, some are struggling financially. Witness the decision last week by a federal bankruptcy judge who approved the sale of most of San Antonio-based All American Oil and Gas Inc.s assets to its largest creditor. All American filed for bankruptcy last November. Last week, Chief U.S. …
So much oil is coming out of Oklahoma, Texas, New Mexico and other states that oil tankers in the Atlantic are making empty trips to the U.S. to carry the oil to the rest of the world. It’s a complete opposite of what the cargo ships have done in the past. They would normally carry …
Oil production in Texas in 2018 set a record, reaching levels not seen in nearly 46 years. The Texas Independent Producers Royalty Owners association reported that oil wells in the state produced more than 1.54 billion barrels of crude in 2018. It blew away the previous record of 1.28 billion barrels set in 1973 …
Oklahoma congressman Markwayne Mullin spent his week off from Capitol Hill by meeting with constituents in his 2nd Congressional District. It included time at some of the energy-related businesses in eastern Oklahoma. They were in Hugo and Antlers where the Congressman visited TrinityRail Maintenance Services and the Teal-Jones Lumber Company. ” We discussed their …
