February 3, 2018 archive

How Will Oklahoma’s No. 2 Wind Power Ranking Affect Legislators?

With the start of the 2018 session of the Oklahoma legislature,the state’s wind industry is left wondering how legislators might treat them and their taxes as the state wrestles with a budget crisis. Mark Yates, Director of the Wind Coalition in Oklahoma admits he has some concerns but also told OK Energy Today he’s confident …

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Jones Pushes for Compromise Gross Production Tax in His Run for Governor

As he makes a run for Governor, Oklahoma Auditor and Inspector Gary Jones thinks the oil and gas industry has made the right move in agreeing to a proposed change in the gross production tax.  He too has changed his original call for a 5 percent gross production tax for the first three years of …

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$3 billion Track-Improvement Project Announced by BNSF

Railroad tracks run by the BNSF railway in Oklahoma could be among the 13,000 miles of track the company plans to improve in a $3.3 billion project in 2018. The company has a total of 32,500 miles of tracks in Oklahoma and 27 other states as well as three provinces in Canada. The Fort Worth-based …

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Rig Counts Remain Steady in Oklahoma

New figures on the oil and gas drilling rig counts show Oklahoma maintained its count of 117 in the past week while the national count dropped by one to hit 946. Reports from Baker Hughes and the Independent Oil and Gas Association indicated the rig activity in the past week. Baker Hughes reported an increase …

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