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…

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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…

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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…

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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…

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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 …

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Law Firm Seeks Potential Clients to Sue SandRidge

The delay by SandRidge Energy in reporting its third quarter earnings report for 2014, one the firm says was caused by a routine Securities and Exchange Commission review has prompted a Los Angeles law firm to announce it is investigating potential cla…

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$1 billion in Earnings for Devon Energy

A whopping $1 billion in net earnings for the third quarter of 2014 has been reported by Devon Energy Corporation based in Oklahoma City. It compares to third-quarter 2013 net earnings of $429 million. The most recent earnings mean a common sha…

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Victorious Politicians Credit Energy

Energy wasn’t a key issue in any of the statewide races in Oklahoma but it certainly was referenced by some of the celebrating politicians Tuesday night. U.S. Senator Jim Inhofe and Lieutenant Governor Todd Lamb both spoke of it as they celebrated the…

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Oklahoma Gas Prices Drop Back Below $3

Oklahoma’s average gasoline price has dropped below $3 a gallon, reversing course from what occurred a week ago, according to AAA Oklahoma. Tuesday was the sixth consecutive day that Oklahoma’s average price at the pump had fallen according to spokesm…

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Denton Voters Make it Official—Fracking is Banned

The north Texas city of Denton has become the first in the Lone Star State to ban any more permitting of hydraulic fracturing, as voters on Tuesday sided overwhelmingly against Oklahoma City-based Devon Energy and other major oil companies that f…

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