November 2017 archive

More ‘Political Pressure’ Testimony from Former State Seismologist

More of the claims of “political pressure”  of a former state seismologist are being heard in one of Oklahoma’s earthquake lawsuits. As OK Energy Today reported in October, Dr. Austin Holland told his side of the story in how he departed the University of Oklahoma in a difference of opinion whether the quakes are related …

Continue reading »

Williams Cos. in Legal Fight With Nuns in Pennsylvania

Williams Cos. in Tulsa is assessing what might happen next after a three-judge panel of the D.C. Circuit temporarily stopped construction of the company’s $3 billion Atlantic Sunrise natural gas pipeline in Pennsylvania. Williams finds itself in a fight with Catholic nuns. The court in its ruling on Monday indicated it wants more time to …

Continue reading »

Pleas From Oil and Gas Industry Not Being Heard at the Oklahoma Capitol

It is apparent that the complaints from Oklahoma’s oil and gas industry about a hike in the gross production tax on oil and gas are falling on deaf ears at the State Capitol. Following passage of House Bill 1035X on Monday in the State Senate, Gov. Mary Fallin issued a statement in which she applauded …

Continue reading »

Ground Breaking for State’s Largest CNG Station in Tulsa

Groundbreaking was set for this week to create the state’s largest capacity CNG station in Tulsa. Sparq Natural Gas, headquartered in Oklahoma City planned the installation along with Timmons Oil, Dericks Leasing and Financial and J-W Power. The CNG station will be located at the Timmons Oil company, 3003 E. Admiral Place in Tulsa. It …

Continue reading »

Oklahoma Senate Passes Tax Hike on Oil and Gas—-Industry is Disappointed

In a move that rankled the oil and gas industry, the Oklahoma Senate on Monday passed a measure giving pay raises to teachers and state workers and increased the gross production tax on oil and gas. The vote was 37-5 in support of what the Senators called a “bipartisan revenue bill.” Senate president pro tem …

Continue reading »

State to Hold Listening Session to Get Input on VW Lawsuit Settlement

Oklahoma’s Department of Environmental Quality is planning a public meeting next month to take comments and get input on how the state should spend its $21 million share of the government lawsuit settlement against Volkswagen. The mitigation plan that came out of the settlement is under the oversight of the Oklahoma Secretary of Energy and …

Continue reading »

Senate Advances Budget Deal With Cigarette, Beer, Fuel and GPT Tax Hike

The Oklahoma Senate passed a bill late Monday afternoon to plug the state’s $215-million budget deficit, according to a news report by Aaron Brilbeck of News9. Senate legislators agreed to set aside partisan politics and advance a measure that would raise the cigarette tax by $1.50 per pack, increase the beer tax and raise the …

Continue reading »

Saudi Power Consolidation Looms as WTI, Brent Crude Surge on Monday

Domestic oil futures surged on Monday despite weekend political disruptions in Saudi Arabia where some top officials and royal family members were detained, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, December West Texas Intermediate crude rose $1.71, or 3.1%, to settle at $57.35 a barrel, marking its sharpest daily gain in nearly one …

Continue reading »

State Continues Working on Release of Permits and Completion Reports

Work on obtaining the Daily Permit and Completion reports from the Oklahoma Corporation Commission in light of the recent hacking incident at the OCC is moving ahead. However, as our friends at OklahomaWells.com indicate, the state is still finalizing some of its repair work following the hacking incident two weeks ago. The OCC is the …

Continue reading »

Congress Tackles Ceiling Fans

Oklahoma Congressman Markwayne Mullin and others on the U.S. House Energy and Commerce Committee take up the issue of ceiling fans and how new energy rules apply to them during a Tuesday hearing on capitol hill. The focus of the hearing will also be on the Energy Star program, a voluntary system that identifies the …

Continue reading »