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 …

Continue reading »

Earthquake Damage Lawsuit Filed in Logan County

A second lawsuit has been filed this week over earthquake damage in central Oklahoma. The suit was filed in Logan County District Court by Lisa Griggs and April Marler and is asking a judge to allow it to be a class-action lawsuit against Devon Energy,…

Continue reading »

Edmond Earthquake Town Hall Set for Thursday

Edmond residents will hear from official over the recent earthquakes at a town hall meeting scheduled for Thursday. Representative Lewis Moore is organizing the event.
Speakers at the town hall include Oklahoma Geological Survey Director Jeremy Boak a…

Continue reading »

Corporation Commission Reconsiders ‘Bribed’ Vote Issue

The Oklahoma Corporation Commission will meet Wednesday to consider two controversial topics—one concerning the bribed vote of a corporation commissioner in a 25-year-old-case and the other focusing on the issue of whether PSO customers will be allow…

Continue reading »

SandRidge Wants to Talk about Injection well Orders

“There had been no discussions but these new talks won’t go long.” Matt Skinner OCC.

Just as the Oklahoma Corporation Commission was ready to go to court against SandRidge Energy in a fight over a request to reduce injection well operation…

Continue reading »

Edmond Homeowners Sue Energy Firms over Earthquakes

Several homeowners in Edmond have had enough of the earthquakes that have rattled their city leaving a path of damage. They have filed suit in Oklahoma County District Court against a dozen oil and gas companies, blaming them for the earthquakes of Dec…

Continue reading »

Rep. Russell uses new “Deck of 52” to fight Lifting of Sanctions over Iranian Nuke Deal

The Iran nuclear deal signed off on by President Obama, a move that could see huge amounts of Iranian oil released on the world markets and perhaps cause an even deeper drop in crude prices has Oklahoma Congressman Steve Russell reaching back to a new …

Continue reading »

Oil Drops Below $32

Crude oil prices slipped below the $32 a barrel mark on Monday in the wake of worries about oversupply and weakening demand in China. February West Texas Intermediate crude dropped $1.75 to end trade at $31.41 a barrel on the New York Mercantile Exchan…

Continue reading »

OGE Energy Center Project Comes to Halt

The planned OGE Energy Center in downtown Oklahoma City is now on hold according to a story written by The Oklahoman’s Steve Lackmeyer. The four, high-rise tower project was proposed for the site of Stage Center at Hudson and Sheridan has been canceled…

Continue reading »

Cheap, Cheap Gasoline in South OKC

With Monday’s crude oil trading in the $31 a barrel on the New York Mercantile Exchange, gasoline prices continued their plunge in Oklahoma with one gas station in Oklahoma City pumping it at $1.39 a gallon.
Gas Buddy reports the $1.39 gas is be…

Continue reading »