2016 archive

Pickens Backs Out of Energy Investments for Now

The man everyone listened to about oil, T-Boone Pickens admits it—he’s cashed out on all of his energy-related positions. It’s what he recently told Bloomberg, explaining that he is waiting for the right chance to re-enter the market. He also predict…

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Chesapeake Denies it’s Headed to Bankruptcy While Shares Plummet

Shares of Chesapeake Energy Corp. crashed on Monday in the wake of news accounts that the Oklahoma City energy company had hired consultants to assist with restructuring the firm’s $10 billion in debt. At the same time, Chesapeake denied it was headed …

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Deadline Ends—-Energy Firms Likely to be Sued Over Earthquakes

Four major oil and gas production companies in Oklahoma could possibly learn this week whether they will be sued by the Sierra Club and Public Justice over their injection wells and the surge in earthquakes in the state.
A spokesman for Public Justic…

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Empty Mancamps in North Dakota

The impact of the oil and gas downturn is evident in every state where there’s energy production. Oklahoma isn’t alone. Ask the people in North Dakota where, because of the Bakken oil play, the state had a ‘boom’ in the past several years.
But a…

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Empty Mancamps in North Dakota

The impact of the oil and gas downturn is evident in every state where there’s energy production. Oklahoma isn’t alone. Ask the people in North Dakota where, because of the Bakken oil play, the state had a ‘boom’ in the past several years.
But as The …

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Inhofe Challenges President’s Water Budget Proposal

President Obama’s budget proposal to increase funding for loans and grants from the U.S. Environmental Protection Agency is running into criticism and opposition by Oklahoma U.S. Senator Jim Inhofe.
As chairman of the Senate Environment and Publ…

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Inhofe Challenges President’s Water Budget Proposal

President Obama’s budget proposal to increase funding for loans and grants from the U.S. Environmental Protection Agency is running into criticism and opposition by Oklahoma U.S. Senator Jim Inhofe.
As chairman of the Senate Environment and Public Wor…

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Thieves Active in the Oil Patch

Low oil and natural gas prices aren’t the only things that energy workers have to focus on these days. How about criminals. The Canadian County Sheriff’s office, in a weekly crime report called Wise Eyes referred to numerous thefts in the oil pa…

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Thieves Active in the Oil Patch

Low oil and natural gas prices aren’t the only things that energy workers have to focus on these days. How about criminals. The Canadian County Sheriff’s office, in a weekly crime report called Wise Eyes referred to numerous thefts in the oil patch.

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Crude Prices Fall on Friday, Remain Above $30

Crude prices ended the week on a down note Friday but managed to stay above the $30 mark. March West Texas Intermediate crude lost 83 cents to end trade at $30.89 a barrel on the New York Mercantile Exchange. April Brent crude on the London ICE Futures…

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