Unfinished Nuclear Power Plant for Sale

For sale:  Cheap.  Never completed nuclear power plant. Only $36 billion. It’s a want ad you won’t read in the newspaper as the Tennessee Valley Authority decided recently to declare the Bellefonte nuclear plant near Hollywood, Alabama to be surplus. While the 1,600 acre site is unfinished, it’s cost more than $4 billion over the past …

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Energy Groups Sue to Stop Greater Protection of Sage Grouse

Even as the U.S. Fish and Wildlife Service moved this week to not relist the Lesser Prairie Chicken as a threatened species, the government was being sued over efforts to protect the greater sage grouse. The Western Energy Alliance and North Dakota Petroleum Council filed suit over the drilling restrictions put in place to protect …

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Oklahoma Senate Passes Bill Eliminating Tax Credit for Distressed Wells

A bill passed by the Oklahoma Senate on Thursday would eliminate a tax rebate for economically at-risk oil wells, resulting in a savings of over $130 million for the state. The bill — SB 1577 — authored by Senate President Pro Tempore Brian Bingman and House of Representatives Speaker Jeff Hickman, was approved by a …

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Crude Oil Futures Continue to Rise on Thursday

Oil futures maintained positive momentum on Thursday, settling at over $46 a barrel after achieving a new six-month record, according to Bloomberg MarketWatch. Oil prices have seesawed recently due to a myriad of issues including Iran’s efforts to boost production yield, outages causing a decline in global production and a continued dip in crude inventories. …

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Rep. Bridenstine Praises Feds Over Prairie Chicken Decision

The U.S. Fish and Wildlife Service decided this week not to pursue relisting the Lesser Prairie Chicken as a threatened species, an announcement that drew applause from Oklahoma Congressman Jim Bridenstine. “This has long been an effort by members of congress from Oklahoma. I’m glad the USFWS has received the message,” said Rep. Bridenstine after …

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T-Boone Pickens Throws Support to Donald Trump

Because of his close ties to Oklahoma’s oil and gas industry and to Oklahoma State University, it seems many fans of billionaire oilman T-Boon Pickens pay close attention when he speaks. This week, he spoke in Las Vegas while attending a hedge fund conference and told reporters he will support Donald Trump, the man most …

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Governor Signs Bill Eliminating Scenic Rivers Commission

One of the 13 bills signed into law Wednesday by Gov. Mary Fallin does away with the 39-year old Oklahoma Scenic Rives Commission and consolidates it with the Grand River Dam Authority. Under SB 1383, the responsibilities of the Commission will be assumed by the GRDA effective July 1, 201. “Effective July 1, 2016, the …

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Solar Plane Enroute to Tulsa—-Pilot Says Plane Can Stay in the Air Forever

The solar-powered airplane, Solar Impulse 2 is scheduled to land late tonight in Tulsa, enroute from Phoenix, Arizona on an18-hour flight. Tulsa was picked at the last minute as a landing site because of clear weather. Those behind the round-the-world flight attempt that started in March 2015 in the United Arab Emirates must be careful …

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Sen. Lankford Calls Endangered Species List a New Weapon of the Environmental Left

  Oklahoma U.S. Sen. James Lankford contends the American Burying Beetle is another example of what he calls the “new weapon of the environmental left.” That’s why he recently wrote the U.S. Fish and Wildlife Service to ask it to remove the insect from its endangered species list, a story we reported on last week. …

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EPA Sued for Not Regulating Oil and Gas Wastewater

The Environmental Protection Agency finds itself being sued by environmental advocacy group, largely because of earthquakes in Oklahoma and the handling of wastewater through injection wells. The groups recently filed suit claiming the EPA has not adequately regulated the disposal of waste from oil and gas drilling. The lead group filing the suit was the …

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