Oklahoma U.S. Sen. Jim Inhofe is again at odds with the Obama White House. And yes, it involves climate change. This time, it’s in a difference of opinion with the White House Council on Environmental Quality and its final guidance on considering climate change in environmental reviews under the National Environmental Policy Act. As chairman …
The Natural Resources Defense Council is out with a report showing which states are worst when it comes to carbon pollution in the U.S. No, Oklahoma is not one of them. But Texas, California, Florida, New York, Illinois and Ohio are. The Council’s report says seven states, California, Florida, New Jersey, Georgia, Tennessee and Virginia …
Dallas-based Energy Transfer Partners, the company that left Tulsa’s Williams Companies standing at the merger-altar last month joined with Sunoco Logistics Partners in the sale of a minority ownership of a major Bakken pipeline project. And it means a nearly-automatic $2 billion increase in cash for ETP and Sunoco. Enbridge Energy Partners of Canada and Marathon …
Put Oklahoma on the list of the states and groups that have sued the Environmental Protection Agency in a challenge of the agency’s new federal regulations for methane emissions at oil and natural gas locations. Attorney General Scott Pruitt joined the suits on Tuesday, claiming the EPA does not have the legal authority to create …
With the announcement by Enbridge Energy it will invest in a different pipeline to move North Dakota crude oil but not across Minnesota, questions remain about the proposed oil pipeline through the northern reaches of the state. Enbridge, based in Canada had proposed the $2.6 billion Sandpiper pipeline to cross Minnesota and carry Bakken oil …
“We need to start thinking and talking about the day when we don’t have oil and gas resources at all.” Sen. David Holt One of the 36 interim studies approved by the State Senate leadership in Oklahoma in the past several days focuses on a long-term strategy for replacing revenue provided by oil and …
OGE Energy Corp. reported earnings of $71.5 million, or 35 cents per share for the second quarter of 2016, according to a company press release issued on Thursday. This compares with earnings of $87.5 million, or 44 cents per share for the same quarter a year ago. Operating revenue was $551.4 million for the second quarter ending …
Crude oil futures showed signs of recovery on Thursday, reversing some of the losses from earlier in the week as traders positively reacted to the latest reports of a significant drawdown in gasoline supplies, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude rose $1.10 a barrel, or 2.7%, …
Greer County SPARKMAN #1, August 04 2016 08 3N 22W NWSESESE API: 05520713 Lat: 34.74042792087355, Long: -99.52959193803889 GLB EXPLORATION INC SH, DR, 4500 ft, CANYON(3232), STRAWN(3629), PENN GRANITE WASH(3983) Oklahoma County SALVATION ARMY #1, May 27 2016 31 12N 3W NESWNENE API: 10922451 Lat: 35.476375895439176, Long: -97.55078529386496 GLB EXPLORATION INC SH, AM, 8500 ft, LAYTON …
In announcing its second quarter loss of more than $119 million this week, Oklahoma City-based Continental Resources Inc. also revealed it is selling more than 29,000 net acres in the SCOOP play to pay down some of its debt. Continental has been a major player in the southern part of the state and despite the …
