The same day the Oklahoma Corporation Commission announced its latest plans targeting wastewater injection wells because they are suspected of causing major earthquakes in Edmond, Oklahoma City Rep. Richard Morrissette said he will hold an earthq…
Road to Rural Prosperity
First US Exported Oil Enroute to Italy
Could be a matter of a few days before the U.S. shipment of crude oil to a foreign nation arrives after departing a Texas port the day before New Year’s Day. The “Theo T” tanker left NuStar Energy LP’s dockside facility in Corpus Christi, Texas …
Middle East Tensions Create Uncertainty for Crude Prices Monday
The rising tensions between Saudi Arabia and Iran put the crude markets on uncertain footing on Monday. February West Texas Intermediate crude lost 28 cents to end trade at $36.76 a barrel on the New York Mercantile Exchange. February Brent crude slipp…
Morrissette To Hold Quake Public Hearing Later This Month
State Representative Richard Morrissette announced Monday he’ll be hosting a public forum for any and all comers to talk about the increased number and strength of earthquakes and the connection with disposal injection wells. The public hearing is sche…
Stripper Well Operators Hit Hard by Downturn
“The small operators of the stripper wells are pretty resilient.” Mike Cantrell
Times are tough for some of the independent oil and gas operators in Oklahoma and elsewhere across the country because of the major drop in energy prices. But…
Laid off Energy Workers Eligible for Federal Jobless Help
Decisions by the U.S. Department of Labor mean workers laid off at four companies in the state in the past year are eligible for assistance. Among the workers are those let go by Cimarron Energy in Marlow. They were ruled eligible because of increased …
State Program Helps Creates Nearly 700 New Jobs
While Moody’s and an economic survey by a Creighton University professor don’t exactly heap glowing praises on Oklahoma’s economy, the state is still adding jobs thanks to the Quality Jobs Program at the Oklahoma Department of Commerce.
The addition o…
Iowa Set Another Ethanol Production Record in 2015
There’s a reason why the presidential hopefuls in Iowa don’t bash the ethanol industry. Afterall, Iowa corn producers sell massive amounts of their crop to ethanol manufacturers and recently it was announced that the state’s refineries produced more t…
How Much You Saved at the Gas Pumps in 2015
Americans saved a collective $115 billion plus this year on trips to the gas station, according to AAA. The average licensed driver saving more than $550 as the average price for a gallon of gas never broke $3 in 2015 and it dropped below $2 in Decemb…
Moody’s Revises State’s Economic Outlook to Negative
More bad news for Oklahoma’s state budget officials and once again, the blame is being laid on the feet of the oil and gas industry in the state.
Moody’s Investors Service, according to State Treasurer Ken Miller has reaffirmed the state’s current gen…
