December 30, 2019 archive

State regulators likely to deal with Universal Service Fund hike in 2020

The New Year 2020 is likely to bring another rate hike in Oklahoma phone bills to pay for the state’s Universal Service Fund, despite criticism and opposition by two Oklahoma Corporation Commissioners. If approved by the commission, it means the monthly service fee on most Oklahoma’s phone bills will go up about 3%. The increase …

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New Year to bring higher oil surpluses and lower capital investment

What will 2020 mean for oil and gas exploration in Oklahoma and the rest of the U.S.? Speculators believe those shale E and Ps will have a more difficult time obtaining financing for their exploration, whether it’s in the STACK, the SCOOP, the Permian Basin or the Bakkens of North Dakota. Investors have lost interest …

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