Members of New Mexico’s Congressional delegation want the federal government to fund the plugging of the state’s abandoned oil and gas wells as numbers grew due to the COVID-19 pandemic and its negative impact on the oil and gas industry. Democrat U.S. Reps. Xochitl Torres Small and Ben Ray Lujan (D-NM) of New Mexico …
Environmentalists in Colorado aren’t giving up on their plans to stop fracking by oil and gas explorers. One environmental group has vowed to get a push started again to put the issue on the state’s ballot in November. Reuters reports the latest try comes just two weeks after another sponsor stopped its efforts because …
Attorney General Mike Hunter announced his office has charged a contractor in Noble who received thousands of dollars from Oklahomans in exchange for roofing repairs he never completed. The four felony counts against Chad Davis, 38, come after the Attorney General’s Office filed three prior felony charges against him in February. In all seven charges, …
Democratic lawmakers in the U.S. House of Representatives this week introduced several pieces of legislation that could buoy renewables as part of a larger infrastructure package. The Moving Forward Act, the text of which was released Monday, includes extensions of both the production tax credit and the investment tax credit to 2025 as part …
Chesapeake Energy in Oklahoma City might be struggling to avoid bankruptcy, but a new SEC filing shows its employee savings plan appears to be healthy. The Form 11-K filed this past week by the company showed 2019 investments under the company’s Savings and Incentive Stock Bonus plan totaled $603,404,022 at the end of 2019, …
Windstream Holdings Inc. of Little Rock, Arkansas, a firm that provides data networking and broadband servings in rural areas of 18 states says it anticipates exiting bankruptcy in August. The company announced late Thursday that the U.S. Bankruptcy Court for the Southern District of New York has approved its reorganization plan, which, when completed, …
Congressman Markwayne Mullin (OK-02) introduced the “Cable Transparency Act,” which would create new opportunities for cable operators and franchise authorities to amend or terminate their franchise agreements without a lengthy process, creating more competition and lower consumer costs. This bill is included in the Energy and Commerce Committee Republicans’ Broadband Infrastructure Package. “Oklahoma’s Second …
A program announced by the Indian Nations Council of Government will involve the creation of regional bicycle trails in northeast Oklahoma. The Indian Nations Council of Governments launched a program this week that aims to take Tulsa-area bicycle trails to a next level — from neighborhood loops to a regional network reported the Tulsa …
One state leader is optimistic that Tesla’s next manufacturing plant will be located in Tulsa. It’s the belief of Commerce Secretary Sean Kouplen who told the Tulsa World Tulsa is a better site than Austin, Texas, the other major city in consideration. It seems like forever ago that Mayor G.T. Bynum stood at the …
Natural gas prices are down to a territory the industry hasn’t seen since 1995. Natural gas futures were down 7.2% in Thursday’s trading, dropping to a 25 year low at $1.48 per million British thermal units. The last time natural gas closed below $1.50 was in August 1995, when it settled at $1.47. The …
