The wind industry is still fighting the call by some legislators to remove a sales tax exemption on the industry saying if the exemption is removed from the wind industry, it should be removed from other energy industries. Mark Yates, Oklahoma Director of the Wind Coalition responded to an inquiry from OK Energy Today, calling …
Republican candidate for Governor Gary Richardson is taking credit for a State supreme Court ruling this week that overturned the Motor Vehicle Fuel Tax Fee on electric vehicles. “I am the only candidate for Governor who even attempted to stop the tax increases and I’m not even an elected official like some of my opponents,” …
No sales price was announced but another big sale has been made of operations in the Permian Basin of West Texas. It is there that BP Energy Partners LLC has sold its Pinnacle Midstream LLC company, a midstream provider in the Delaware portion of the Permian Basin. The buyer is I Squared Capital, giving it …
Denver-based Whiting Petroleum Corporation has named a new President and CEO. Bradley J. Holly, formerly an Executive Vice President of U.S. Onshore Exploration and Production for Anadarko Petroleum Corporation was named this week to be Whiting’s new President effective Nov. 1, 2017. He will replace James Volker who, at the age of 70 is retiring …
Score a win for the Sierra Club as the Oklahoma Supreme Court ruled on Tuesday that the electric vehicle registration fee is unconstitutional. The fee was passed in the last five days of the legislative session “The Sierra Club applauds the Oklahoma Supreme Court for striking down this biased and illegal tax on electric vehicles,” …
Oil prices jumped on Tuesday with Saudi Arabia’s pledge to help rebalance the global crude market, according to Bloomberg MarketWatch. December West Texas Intermediate crude rose 57 cents, or 1.1%, to settle at $52.47 a barrel on the New York Mercantile Exchange—the highest finish since April 17. December Brent crude, the global benchmark, rose 96 cents, or …
After a substitute measure enacting a $0.6 per gallon excise tax increase for gasoline and diesel fuel was approved Tuesday afternoon by the Oklahoma House Joint Committee on Appropriations and Budget, a local advocacy coalition dedicated to rebuilding the state’s transportation infrastructure praised the efforts of lawmakers regarding HB 1035X. “A longstanding component of the …
Two Oklahoma congressmen are among more than 80 U.S. House members who have written U.S. Attorney General Jeff Sessions with an inquiring about the security of the nation’s pipeline infrastructure. Representatives Frank Lucas and Markwayne Mullin put their names to the Oct. 23 letter expressing concerns about recent attacks on pipelines in the U.S. “In some …
The State’s former seismologist Dr. Austin Holland has testified in a deposition in an earthquake lawsuit in Oklahoma that he left his job two years after being reprimanded for his study that linked the earthquakes in Oklahoma to wastewater disposal operations of the oil and gas industry. Writing in his law firm’s blog, attorney Scott …
A 60-cent a unit distribution for common unitholders in Williams Partners L.P. was announced this week by the Tulsa-based company. The quarterly cash distribution will be payable Nov. 10, 2017 those whose common unitholders of record at the close of business on Nov. 3, 2017.
