May 2016 archive

DEQ Taking Comments or Requests for State Implementation Plan Under Clean Air Act

  Oklahoma’s Department of Environmental Quality says it is taking public comments and any requests for a public hearing on a proposed Infrastructure State Implementation Plan under the Clean Air Act. The SIP is for the 2012 Primary Fine Particulate Matter National Ambient Air Quality Standard. The DEQ will take requests for hearing until 10 …

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Legislator Wants Study of New Turnpikes and Spending of Taxes

One Oklahoma legislator wants a new study on the viability of new turnpikes in the state. Rep. Lewis Moore, R-Edmond wants the study done on turnpikes, the distribution of motor fuel taxes, motor vehicle taxes and what he calls an end to the “cross pledging” of turnpikes “so we can keep the original promise to …

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WTI, Brent Crude Show Gains on Friday

  Oil futures gained on Friday as analysts turned their attention to the expanding Canadian wildfire and uncertainty in Saudi Arabia, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, June West Texas Intermediate crude rose 34 cents, or 0.8%, to settle at $44.66 a barrel on the New York Mercantile Exchange, finishing the …

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Oil Group Encourages Legislature to Pass Bill to Increase Oil/Gas Revenue for the State

  A bill awaiting a vote in the Oklahoma House is being pushed by the Oklahoma Oil and Gas Association, a group that says would add more oil and gas revenue to the state treasury. “House Bill 2177 is the single biggest economic development legislation before lawmakers this session, and it doesn’t cost the state …

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Rig Counts Across U.S. and Oklahoma Fell Again

Oklahoma’s oil and gas rig count fell by 3 in the past week while the nation’s count slipped by 5, according to the latest figures from Baker Hughes Company. Oklahoma’s decline left the state with a count of 57 working oil and gas rigs. Nationwide, the count fell to 415, down 479 from a year …

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Oil and Gas Tax Revenue Hits 17-year Low in Oklahoma

A 17-year low has been reached in Oklahoma’s gross production oil and gas taxes, according to State Treasurer Ken Miller who said the $20.8 million in April collections are the lowest since May 1999. He said gross production collections continue a 16-month trend of being less than the same month of the previous year. The April …

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Sen. Lankford Tells Feds It’s Time to Remove Beetle from Endangered Species Act

Oklahoma U.S. Sen. James Lankford has joined the call for the U.S. Fish and Wildlife Service to delist the American Burying Beetle from the Endangered Species Act. In a letter to Director Daniel Ashe, the Senator argued the presence of the beetle and its protected status has a “real impact on local economies and infrastructure …

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Senate Committee Cuts Tax Credits in Two Energy-Related Bills

Two energy-related bills are among several approved by the Oklahoma Senate Joint Committee on Appropriations and Budget as the legislature gets serious about resolving the $1.3 billion budget shortfall. One goes after tax credits meant to help Oklahoma’s CNG industry. Senate Bill 1581 limits the amount of tax credits for investment in clean-burning motor fuel …

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Eagle Protectors Worry about New Government Wind Farm Rules

  New rules on the nation’s wind energy companies concern those trying to protect the country’s bald and golden eagle populations. They contend it will mean wind farm operators will be able to kill or injure thousands of bald eagles a year without any penalty. It’s the result of the new rules announced recently by …

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Fighting to Save the Ogallala Aquifer

  A new report says the Ogallala Aquifer in Oklahoma and the Midwest continues to lose water and Oklahoma State University scientists and researchers are trying to do something about it. The University’s teamed up with the USDA-Agricultural Research Service to study ways to preserve the aquifer. The research is being funded by a $10 …

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