Politics and the Gross Production Tax Hike Proposal

When House Democrats fought the budget plans for GOP leaders of the Oklahoma legislature, one of their goals was an increase in the Oklahoma Gross Production Tax. However in light of new talks, such an increase might not be included in what Democratic leader Scott Inman wants. Tax increases were reportedly discussed in renewed talks …

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What Drought?

Eight months ago, only about 6 percent of Oklahoma was not in a drought. After weeks of rainfall that is close to breaking the 1915 record, now 96% of Oklahoma is not in a drought, according to Gary McManus, State Climatologist at the Oklahoma Mesonet. That’s what the state looked like on August 1 of …

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Appeals Court Upholds Settlements of Lawsuits Over Summertime Gasoline Sales

The Federal Appeals Court in Denver has upheld more than $24 million in settlements of lawsuits where oil companies and gas stations were accused of overcharging consumers for gasoline on hot days. In a ruling this week, the U.S. 10th Circuit sided with the settlements of the $24.5 million in multidistrict litigation. “We affirm the …

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Electric Car Week to be Observed in OKC

The Association of Central Oklahoma Governments is planning an event as part of National Drive Electric Week. ACOG’s Central Oklahoma Clean Cities Coalition will hold a “Drive Electric” event September 9 in the Wheeler District of Oklahoma City. The free event will begin at 11 a.m. and the public is encouraging to attend and meet …

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Oklahoma Geological Survey Adding More Earthquake Stations

The Oklahoma Geological Survey wants to add 72 more seismometers in its study of earthquakes in the state. It’s a $3.5 million project to add the permanent seismic stations, according to a report this week by the Tulsa World. As OGS officials explain, the 72 stations would be phased in over a three year period. …

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Harvey Threatens Energy Production in Gulf and State of Texas

Harvey, whether he’s a tropical depression or a hurricane, will have an impact on the nation’s gasoline and oil supplies as he hits Texas. Anadarko and Shell evacuated workers and shut production from their platforms Wednesday in the Gulf of Mexico. ExxonMobil was doing the same, taking precautions as Harvey could be the first hurricane …

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AAA Says a New Car Will Cost Nearly $8,500 a Year to Operate

Thinking of buying a new car this year?  AAA Oklahoma says you better consider in the operating cost of $8,469 a year or $706 a month. The findings are in a new study by the American Automobile association which determined small sedans are the least expensive to drive and pickup trucks are the most expensive—-no …

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Indonesia Reaches Out to Oklahoma for Business Relationships

The Oklahoma Commerce Department suggests oil and gas industry representatives in the state might be interested in a coming event featuring the Consulate General of the Republic of Indonesia. The Indonesia-Oklahoma Business forum will be held Aug. 29 at the Skirvin Hilton hotel in downtown Oklahoma City. It will begin at 10 a.m. and continue …

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Dallas Company Sues Greenpeace Over “Eco-Terrorism” at Dakota Access Pipeline

Dallas-based Energy Transfer Partners has gone to court against Greenpeace and other environmental groups, accusing them of being “eco terrorists” in their fight against the company’s Dakota Access Pipeline. The company filed a racketeering lawsuit in federal court in North Dakota on Tuesday claiming the groups caused “billions of dollars in damage” through “criminal activity …

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Appeals Court Blocks FERC Approval of Florida Gas Line

A federal appeals court has ordered the Federal Energy Regulatory Commission to review its decision to approve the Sabal Trail natural gas pipeline in Florida. It’s a ruling that could affect major energy projects across the nation. The ruling by the U.S. Court of Appeals for the District of Columbia was a victory for the …

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