Gasoline Prices Go Back Up to Hit $1.41 Statewide Average

Gasoline prices have jumped back up in some sites in Oklahoma and state’s price average is up to $1.41 a gallon, according to the latest Fuel Gauge Report from AAA Oklahoma. It had been down to $1.34 as of last weekend.
“Normally, given the time of th…

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State Announces Funding to Monitor Disposal Wells and Earthquakes

The same day the Oklahoma Corporation Commission unveiled a new and larger earthquake plan targeting disposal wells in northwestern Oklahoma, the Governor’s Coordinating Council on Seismic Activity announced the awarding of a research grant to cr…

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Sierra Club Critical of State Over Past Earthquake Action

In announcing a new earthquake plan covering 245 wastewater injection wells, State Corporation Commission officials said this week they were finally getting out ahead of some of the quakes.
“This plan is aimed not only at taking further action i…

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Oilfield Conference Underway in Tulsa

No doubt one of the most talked-about topics of the day when the Mid-Continent Digital Oilfield Conference gets underway today in Tulsa will be the layoffs at Oklahoma City-based Devon Energy.
While nearly 1,000 are losing their jobs, others sti…

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Despite Production Caps Crude Slips on Tuesday

Despite a decision by major oil producers to cap production levels, crude prices fell on Tuesday. March West Texas Intermediate crude dropped 40 cents to settle at $29.04 a barrel on the New York Mercantile Exchange. On the London ICE Futures Exchange,…

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Ethanol Industry Boasts of Helping National Economy

While Oklahoma has no ethanol manufacturing operations, the U.S. ethanol industry added $44 billion to the nation’s gross domestic product in 105 according to a new study by ABF Economics. It also supported nearly 360,000 jobs.
The study was re…

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Energy Programs Among those Cited as Wasteful Govrenment Spending by Rep. Steve Russell

Nothing is sacred in Oklahoma U.S. Rep. Steve Russell’s Waste Watch No. 4 that was released this week, detailing some $75 billion in what he calls “waste, cost overruns, and other misspending,” including solar-powered beer or the sale of plastic bags f…

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Sierra Club Sues Energy Companies Over Earthquakes

More than 90 days after warning three energy companies, the Sierra Club Oklahoma has filed federal suit blaming Devon Energy, Chesapeake Operating and New Dominion for earthquakes in central and northern Oklahoma.
The suit was filed in Oklahoma City f…

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Oklahoma to Feel Impact of Iran’s First Oil Export Shipment

Oil producers in Oklahoma and the rest of the nation will soon feel the impact of competition from Iran as the country made its first crude oil shipment after the nuclear agreement was reached with the Obama administration. The shipment went to E…

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Week Starts Positive for Crude

Light Monday trading helped crude oil build on gains it made on Friday. It was only a half day of trading on the New York Mercantile Exchange due to President’s Day. March West Texas Intermediate crude added 39 cents to settle at $29.83 a barrel. April…

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