Well Fire Outside Chickasha Closes Nearby Highways

Black smoke billowed over the sky near Chickasha late Wednesday afternoon as firefighters battle a blaze on a fracking site owned by Continental Resources. Our partners at KWTV News 9 reported the smoke from the fire closed all lanes at SH 39 and Count…

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Decision Delayed on PSO’s Smart Meter Opt-Out Plan

The Oklahoma Corporation Commission decided Wednesday to take under advisement the recommendation of a Commission Administrative Law Judge that PSO be allowed to charge a one-time fee plus monthly charges to customers who prefer to opt out of the utili…

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Corporation Commission Delays Decision on 25-year old Bribed Vote Case

An attempt to resurrect the controversial 25-year old bribed decision granting a rate hike to ATT by the Oklahoma Corporation Commission took another step Wednesday but no final decision was made as one of the three commissioners was absent for the hea…

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Major Cuts Coming to SandRidge Energy Subsidiary

Due to the low oil and gas prices, SandRidge Energy is closing a substantial portion of its wholly-owned oil field services subsidiary, Lariat Services. The move will push 226 employees out of the door. That’s about 87 percent of the current 260 member…

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Governor Approves Transfer of Emergency Funds for Flood Repairs

Governor Mary Fallin has approved the transfer of $1.8 million from the state’s emergency fund so Oklahoma can qualify for federal funds needed to repair flood control structures damaged in the past year.
“These structures are absolutely vital to prot…

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Inhofe Polls States on EPA Mandates

The U.S. Senate Environment and Public Works Committee chaired by Sen. Jim Inhofe is asking for the feedback of states on just how good of a job the Environmental Protection Agency is doing with regards to its regulatory programs. And is the EPA …

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Obama Vows to Attack “Dirty Energy”

President Obama used his last State of the Union address Tuesday night to continue campaigning for his global warming and climate changing plans.
“Look, if anybody still wants to dispute the science around climate change, have at it,” challenged the P…

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Earthquake Townhall in Edmond

Representative Richard Morrissette (D-OKC) won’t be the only legislator holding a town hall meeting this week regarding the earthquake challenge and its ties to the state’s oil and gas industry.
Rep. Lewis Moore, (R-Edmond) will hold a townhall …

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Jones Energy Announces Exchange Offer on Senior Notes

Austin, Texas-based Jones Energy Holdings, LLC and Jones Energy Finance Corp. have announced an offer to exchange any and all of their $250,000,000 outstanding principal amount of 9.25 percent Senior Notes due 2023 for an equal amount of new 9.25…

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Strong U.S. Dollar Threatens to Push Oil Below $30

Threatening to go below $30 a barrel crude prices ended lower on Tuesday. February West Texas Intermediate crude lost 97 cents to end trade at $30.44 a barrel on the New York Mercantile Exchange. Over on the London ICE Futures Exchange, February Brent …

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