Groups Oppose Revival of Wind Tax Credits

Oklahoma’s congressional delegation now has the task of deciding how it will stand on the controversial proposal to extend the Wind Production Tax Credit, the one that expired at the end of 2013. But the fight is underway as 66 organizations led…

Continue reading »

Bridenstine Charges Obama War on Energy Continues with New Rail Rules

U.S. Representative Jim Bridenstine (R) says the Obama administration’s “war on energy” is continuing at the Department of Transportation through a newly proposed rule that he contends would dramatically hinder crude oil transport by rail. The congres…

Continue reading »

Corporation Commission Attorney Honored With Energy Law Award

After 32 years working with the Oklahoma Corporation Commission, attorney Michael Decker’s been honored with the Eugene Kuntz Award at the 19th Annual Kuntz Conference on Natural Resources Law and Policy in Oklahoma City.
The Director of Administrativ…

Continue reading »

Oil Slump Forces Continental to Adjust 2015 Drilling Efforts

Oklahoma City-based Continental Resources says its third quarter 2014 net earnings were $534 million which figured out to be $1.44 per diluted share. And the adjusted net income for the quarter came to $301 mlillion or $0.81 per diluted share. …

Continue reading »

Reuters Focuses on General Counsel in Harold Hamm Divorce Trial

A week after losing a ruling to open the sealed transcripts and documents in the multi-billion dollar divorce trial of Continental Resources founder Harold Hamm, Reuters news agency continues its coverage of the controversial proceeding in Oklahoma Cit…

Continue reading »

No Surprise—Texas Leads Nation in Oil and Gas Job Growth

While Texas led the nation last year in energy job growth to the tune of 19,000 new private sector jobs in oil and natural gas production, Oklahoma was in the top ten states with what the federal government calls ‘significant contributions’, acco…

Continue reading »

Texas Moves to Challenge Denton Fracking Ban

A State agency moved quickly the day after election day in Texas following the voter-approved fracking ban in the north Texas city of Denton and filed court action to stop implementation of the ban. The General Land Office went to District Court seeki…

Continue reading »

Treasurer Concerned About Soft Oil Prices

Oklahoma’s monthly tax collectons continue to show steady expansion but the impact of falling oil prices is beginning to worry Ken Miller, the State Treasurer.
“While we will monitor the effects of softer crude oil prices, clearly, Oklahomans are cont…

Continue reading »

2013 Layoffs Proved to be Costly for Chesapeake

Even as Chesapeake Energy released its third-quarter earnings report this week of $169 million in net income and $82 million in adjusted earnings for shareholders, it was still dealing with former co-founder and president Aubrey McClendon.
Burie…

Continue reading »

Keystone Pipeline to be a Test of the President’s Willingness to Work with New Congress

After taking control of the U.S. Senate, Republicans now say they will move quickly to approve the Keystone XL pipeline, the one already built in Oklahoma and Texas but waiting for approval from Canada to Nebraska.
During his Wednesday afternoon news …

Continue reading »