2016 archive

Rep. Russell uses new “Deck of 52” to fight Lifting of Sanctions over Iranian Nuke Deal

The Iran nuclear deal signed off on by President Obama, a move that could see huge amounts of Iranian oil released on the world markets and perhaps cause an even deeper drop in crude prices has Oklahoma Congressman Steve Russell reaching back to a new …

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Oil Drops Below $32

Crude oil prices slipped below the $32 a barrel mark on Monday in the wake of worries about oversupply and weakening demand in China. February West Texas Intermediate crude dropped $1.75 to end trade at $31.41 a barrel on the New York Mercantile Exchan…

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OGE Energy Center Project Comes to Halt

The planned OGE Energy Center in downtown Oklahoma City is now on hold according to a story written by The Oklahoman’s Steve Lackmeyer. The four, high-rise tower project was proposed for the site of Stage Center at Hudson and Sheridan has been canceled…

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Completion Reports January 12 2016

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Permits to Drill January 12 2016

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Cheap, Cheap Gasoline in South OKC

With Monday’s crude oil trading in the $31 a barrel on the New York Mercantile Exchange, gasoline prices continued their plunge in Oklahoma with one gas station in Oklahoma City pumping it at $1.39 a gallon.
Gas Buddy reports the $1.39 gas is be…

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Cheap, Cheap Gasoline in South OKC

With Monday’s crude oil trading in the $31 a barrel on the New York Mercantile Exchange, gasoline prices continued their plunge in Oklahoma with one gas station in Oklahoma City pumping it at $1.39 a gallon.
Gas Buddy reports the $1.39 gas is being so…

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Fifth Circuit Rules in Favor of Chesapeake in Texas Lawsuit

The Fifth Circuit Court of Appeals has sent back to Texas Federal Court a proposed class action lawsuit against Oklahoma City-based Chesapeake Energy Corporation which was accused of trespassing on foreclosed oil and gas leases. It could be consi…

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Fifth Circuit Rules in Favor of Chesapeake in Texas Lawsuit

The Fifth Circuit Court of Appeals has sent back to Texas Federal Court a proposed class action lawsuit against Oklahoma City-based Chesapeake Energy Corporation which was accused of trespassing on foreclosed oil and gas leases. It could be considered …

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Pruitt Confident WOTUS Won’t Take Effect in Remaining Year of Obama Administration

Oklahoma Attorney General Scott Pruitt’s voicing confidence that a federal court stay will prevent the controversial Waters of the U.S. rule from being enforced by the Environmental Protection Agency during the year remaining in the Obama adminis…

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