Bankruptcies Expected to Grow Among Oil and Gas Companies

It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on w…

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Oklahoma and Louisiana Very Much Alike in Dealing with Oil and Gas Downturn Impact

While Oklahoma government leaders grapple with a budget hole of an estimated $1.1 billion, the state of Louisiana has an even bigger budget hole of $1.9 billion. Both states are suffering because of the massive downturn in the oil and gas indust…

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Bankrtupcies Expected to Grow Among Oil and Gas Companies

It might be a case of waiting for the other shoe to drop. First oil prices plunged then some 42 firms filed for bankruptcy last year across the country. In Oklahoma, SandRidge Energy is at the top of the list of those speculating or betting on w…

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North Dakota Joins Fight Against EPA Clean Power Plan

North Dakota has joined Oklahoma and several other states in asking the U.S. Supreme Court to stop the Environmental Protection Agency from enforcing its controversial Clean Power Plan.
The state’s Attorney General Wayne Stenehjem contends if th…

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Monthly Business Survey Shows Continued Weak Oklahoma Economy

The Midwest might finally see an improving economy but not two States that rely heavily on oil and gas—Oklahoma and North Dakota. It’s the findings in the January survey of overall Mid-American Business Conditions found in the survey carried out by C…

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House Speaker Targets Corporation Commission to be Modernized in Targeting Disposal Wells and Earthquakes

With the start of the 2016 session of the Oklahoma legislature, those wastewater disposal wells believed to be causing earthquakes in the state will get a lot of attention. House Speaker Jeff Hickman is among those legislators wanting to solve the pro…

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Crude Ends Week on the Positive Side

Crude oil prices ended the week on an up note Friday. March West Texas Intermediate crude added 40 cents to settle at $33.62 a barrel on the New York Mercantile Exchange. March Brent crude settled at $34.74 a barrel after adding 85 cents on the London …

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CenterPoint Energy Reinvests in Enable Midstream Partners

CenterPoint Energy is using money it made from Enable Midstream Partners to reinvest into the Oklahoma company. CenterPoint made the announcement Friday.
The deal regards the early redemption of $363 million of notes payable to CenterPoint Energy Reso…

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Governor Asks for Federal Diaster Declaration Over December Storms

Whether they were working the wind farms of northwestern Oklahoma, the oil and gas fields throughout the state or even the coal-producing areas of southeastern Oklahoma, workers felt the cold brunt of the winter storms that included ice, sleet, snow an…

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Governor Asks for Federal Diaster Declaration Over December Storms

Whether they were working the wind farms of northwestern Oklahoma, the oil and gas fields throughout the state or even the coal-producing areas of southeastern Oklahoma, workers felt the cold brunt of the winter storms that included ice, sleet, snow an…

Continue reading »