Idaho Legislature Works to Speed Oil and Gas Production

In Idaho, a Senate committee has voted 8-1 in favor of an industry-backed bill speeding up natural gas and oil production in the state. The bill approved by the Senate Resources and Environment Committee would change the state’s decision making …

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IEA Outlook Boosts Crude Prices on Monday

A signal that the International Energy Agency has confidence the oil markets will rebalance over the next couple of years pushed crude prices higher on Monday. March West Texas Intermediate crude added $1.84 to settle at $31.48 a barrel on the New York…

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ONEOK Reports Full Year, Fourth Quarter Profit

ONEOK pushed itself to a profit in 2015. The Tulsa based company had a full year net income of $1.16 a share compared to $1.49 cents a share in 2014. The fourth quarter was profitable as well at 12-cents per diluted share. Fourth quarter 2014 net incom…

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Devon Energy Closes on Stock Sale

Devon Energy has closed its public offering of common shares to help expand its liquidity position. The company originally offered 69 million shares of its common stock. The underwriters option was exercised with added more than 10 million more shares….

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Gasoline Prices Rebound Slightly in Oklahoma

The days of the $1.09 a gallon gasoline might be gone for some time as the prices have rebounded, reaching a new Oklahoma average of $1,.46 a gallon, four cents higher than two weeks ago according to the latest Fuel Gauge Report from AAA Oklahoma. The …

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EPA’s Secret Emails on Drafting Clean Power Plan

Hillary Clinton wasn’t the only government official to use private email to get around the public watchdogs observing how government works, or is supposed to work. So was Michael Goo, the Environmental Protection Agency’s former Associate Adminis…

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New Chairman at Oil States International

The former CEO of EOG Resources, Mark Papa has taken over as chairman of the board of Oil States International Inc. in Houston. He replaces Stephen Wells who has resigned after 10 years leading the company. Wells will continue as director of the …

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Erin Brockovich to Headline Earthquake Forum in Edmond

An earthquake forum to be held Tuesday on the campus of the University of Central Oklahoma will feature environmentalist Erin Brockovich, the advocate whose life story was turned into a movie starring Julia Roberts.
She and others will discuss t…

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Awaiting Chesapeake and SandRidge Energy Quarterly Reports

Two major energy firms headquartered in Oklahoma City have yet to release their quarterly and yearly earnings but one of them, Chesapeake Energy will make those figures available on Wednesday.
SandRidge Energy, facing critical financial challeng…

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Latest on Oklahoma’s Lawsuit Challenging EPA’s Clean Power Plan

Two major energy firms headquartered in Oklahoma City have yet to release their quarterly and yearly earnings but one of them, Chesapeake Energy will make those figures available on Wednesday.
SandRidge Energy, facing critical financial challeng…

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