Gasoline Prices Hit $1.82 a Gallon Average in Oklahoma

In case you missed it, gasoline prices in Oklahoma have hit a three-month high at a new statewide average of $1.82 a gallon, according to AAA Oklahoma. The high hasn’t been seen in the state since Dec. 8, 2015.
“Prices increased by double digits due t…

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Oil and Gas Industry Uses Billboards to Attack Wind Industry

The wind battle has been renewed in Oklahoma, thanks to a Tulsa World editorial by State Auditor and Inspector Gary Jones and an anti-wind group of oil and gas industry leaders who call themselves the Windfall Coalition.
Anti-wind billboards hav…

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Energy Downturn Results in Layoffs at Totalflow Plant in Bartlesville

The oil and gas downturn hits another Oklahoma company—Totalflow of Bartlesville.
The firm says it’s implemented a 5 percent cut in its workforce of 249 and will let go 13 workers. Totalflow is part of the international business group ABB Inc…

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Former EPA official Blasted for Poor Handling of Flint Water Crisis

Congressman Steve Russell and others on a House oversight committee grilled former EPA official Susan Hedman this week about not responding quickly enough to the lead-poisoning crisis in Flint, Michigan.
Russell sits on the House Committee on Oversigh…

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Oilman Banned from Securities Sales after Alleged Ponzi Scheme Cheated Investors of $4 million

Norman oilman Robert Arrrowood has been banned from securities sales in the state after the Oklahoma Department of Securities charged him with running a Ponzi scheme. It was a scheme that allegedly netted Arrowood nearly $4 million, money cheated out o…

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State Oil and Gas Revenues Plummeted in February—-98 percent Drop for Oil Tax Collections

Just how much the energy downturn has affected state government revenue is reflected again in the latest figures released by the Oklahoma Office of Management and Enterprise Services which show February gross production tax collections were down more t…

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Chesapeake Energy Drops Request to Move Royalty Lawsuit Trials from Ft. Worth to Houston

Oklahoma City-based Chesapeake Energy lawyers have decided to drop their request to move trials over claims it cheated thousands of landowners out of royalties. Attorneys had asked Tarrant County judge Dana Womack to move the first ten trials fro…

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BP Wins Ruling by Federal Judge in New Orleans

BP will not have to pay for the economic losses suffered by other businesses when the federal government shut down deep-water drilling in the wake of the company’s huge 2010 oil spill, according to U.S. District Judge Carl Barbier in New Orleans….

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Wall Street Journal Offers Praise to Sen. Inhofe on Flint Water Agreement

U.S. Senator Jim Inhofe draws praise from the editors of the Wall Street Journal for negotiating a deal to help bring about a settlement to help residents of Flint, Michigan with their lead-contaminated water.
“Oklahoma Republican Jim Inhofe deserves …

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Effort to Repeal New State Law on Energy Drilling in City Limits Dies in House

An effort by Rep. Richard Morrissette to repeal the State’s new law prohibiting cities and towns and counties from banning certain oil and gas activity is apparently dead for this session of the Oklahoma legislature.
He amended HB 1802, a measur…

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