February 9, 2016 archive

WPX Energy Sells Piceance Assets for $910 Million

Tulsa based WPX Energy is selling its Piceance Subsidiary for $910 million dollars. Terra Energy Partners is buying WPX Energy Rocky Mountain, LLC. They expect the sale to be closed sometime in the second quarter of this year.
As part of the deal, Ter…

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Supreme Court Issues Stay on EPA Clean Power Plan

In a win for states like Oklahoma challenging the Environmental Protection Agency’s new Clean Power Plan, the U.S. Supreme Court issued a stay Tuesday on those regulations while the lawsuit makes its way through the judicial system. The Clean Power Pla…

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Completion Reports February 10 2016

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Permits to Drill February 10 2016

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$1.09 Gasoline in Oklahoma City!

While Oklahoma’s average gasoline price has tumbled to $1.41 a gallon, the better question might be if and when prices hit $1 a gallon at some locations. AAA Oklahoma said the prices have fallen for 17 consecutive weeks in the state and the new average…

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Wind Industry Prepares to Fight Tax Credit Elimination in Oklahoma Legislature

The battle lines are drawn on one energy bill before the Oklahoma legislature—one that proposes the elimination of tax credits for the wind industry.
Rep. Lee Denney and Sen. Jason Smalley, both Republicans, introduced HB 2818 and it is pendin…

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Wind Industry Prepares to Fight Tax Credit Elimination in Oklahoma Legislature

The battle lines are drawn on one energy bill before the Oklahoma legislature—one that proposes the elimination of tax credits for the wind industry.
Rep. Lee Denney and Sen. Jason Smalley, both Republicans, introduced HB 2818 and it is pending befo…

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President’s EPA and Oil Tax Plans—-D.O.A. on Capitol Hill Says Sen. Inhofe

Calling it a “power grab,” U.S. Senator Jim Inhofe also says the President’s budget proposal to increase funding for loans and grants from the U.S. Environmental Protection Agency and removing some from states won’t happen.,
“Don’t worry about i…

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President’s EPA and Oil Tax Plans—-D.O.A. on Capitol Hill Says Sen. Inhofe

Calling it a “power grab,” U.S. Senator Jim Inhofe also says the President’s budget proposal to increase funding for loans and grants from the U.S. Environmental Protection Agency and removing some from states won’t happen.,
“Don’t worry about it,” he…

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Ethanol Exports Remain High—Canada’s the Biggest Customer

Figures show the U.S. had a record year in 2015 when it came to ethanol exports and their byproducts.
The nation finished the year in December with 81.7 million gallons of ethanol shipped out for the month to both emerging and longtime markets, accord…

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