SandRidge Energy Makes $50 million in Late Note Payments—-Future is still Uncertain

A month after deferring interest payments on notes due in 2023 because of its massive financial struggles, Oklahoma City-based SandRidge Energy announced Wednesday it had made nearly $50 million in payments due on two sets of notes.
The company origin…

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Wyoming Governor Releases Newest Energy Plan

His state is suffering like Oklahoma in the energy downturn, but Wyoming Gov. Matt Mead also knows the coal industry has a big target on its back from the Obama administration. Jobs are being lost and the oil and gas and coal industries are hurting.
B…

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Energy Company Wants Congress to Kill Daylight Saving Time

One U.S. energy company wants the country to permanently bring an end to Daylight Saving Time. American Power and Gas serves New York, New Jersey, Ohio and Pennsylvania and this week launched a change.org petition to congress.
The company said the eli…

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Ethanol Production Grew Nationwide in Past Week

The nation’s ethanol production has increased to its highest total in nine weeks, reaching an average of 999,000 barrels a day, a 21,000 barrel increase in the past week. The U.S. Energy Information Administration indicated the four-week average …

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School District Challenges State Tax Commission Over Motor-Vehicle Tax Distribution

The Sand Springs school district has gone to the State Supreme Court in a fight with the Oklahoma Tax Commission over how motor-vehicle tax revenue is distributed to schools.
The district’s general counsel and chief financial officer, Gary Watts filed…

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Gasoline Prices Hit $1.82 a Gallon Average in Oklahoma

In case you missed it, gasoline prices in Oklahoma have hit a three-month high at a new statewide average of $1.82 a gallon, according to AAA Oklahoma. The high hasn’t been seen in the state since Dec. 8, 2015.
“Prices increased by double digits due t…

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Oil and Gas Industry Uses Billboards to Attack Wind Industry

The wind battle has been renewed in Oklahoma, thanks to a Tulsa World editorial by State Auditor and Inspector Gary Jones and an anti-wind group of oil and gas industry leaders who call themselves the Windfall Coalition.
Anti-wind billboards hav…

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Energy Downturn Results in Layoffs at Totalflow Plant in Bartlesville

The oil and gas downturn hits another Oklahoma company—Totalflow of Bartlesville.
The firm says it’s implemented a 5 percent cut in its workforce of 249 and will let go 13 workers. Totalflow is part of the international business group ABB Inc…

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Former EPA official Blasted for Poor Handling of Flint Water Crisis

Congressman Steve Russell and others on a House oversight committee grilled former EPA official Susan Hedman this week about not responding quickly enough to the lead-poisoning crisis in Flint, Michigan.
Russell sits on the House Committee on Oversigh…

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Oilman Banned from Securities Sales after Alleged Ponzi Scheme Cheated Investors of $4 million

Norman oilman Robert Arrrowood has been banned from securities sales in the state after the Oklahoma Department of Securities charged him with running a Ponzi scheme. It was a scheme that allegedly netted Arrowood nearly $4 million, money cheated out o…

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