February 5, 2018 archive

Governor Pushes Fuel Taxes to Fund Roads and Bridges

O Oklahoma Gov. Mary Fallin again laid out her plan to get the state out of its budget crisis, blaming in part what she called the dramatic downturn in the state’s energy sector. She also was targeted by protesters in the gallery. In her 8th and final state of the state address delivered to the …

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Republicans and Democrats Join Forces to Fix Water Problems

We hear so much about the partisan bickering in Washington but Oklahoma U.S.  Sen. Jim Inhofe and others showed this week that Democrats and Republicans can work together when they want. Inhofe joined Sens. John Boozman, Republican from Arkansas; Cory Booker, Democrat from  New Jersey and Dianne Feinstein, Democrat from California in introducing legislation to …

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Judge Dismisses Lawsuits Against Some State Agencies in an Energy Lawsuit

The Oklahoma City energy consulting firm that sued 66 state agencies over an alleged breach of contract has already dropped some of the agencies as defendants. Filed in December,the lawsuit by Engineered Systems and Energy Solutions Inc. claimed the state cancelled its contract after two years. The firm had been hired to assist the state …

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Another Big Well for Continental Resources in the STACK

Well completion reports indicated Continental Resources has had another big STACK well  in production for the past three and a half months. The report for the Lorene 1-8-5XH west of the Blaine County community of greenfield showed the well produced 1,933 barrels of oil a day when it was completed in October of last year. …

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Oklahoman Admits $400,000 Fraud of Texas Energy Firm

A 54-year old Oklahoma City repairman for an Austin, Texas energy company has pleaded guilty to defrauding the firm of more than $400,000 through fraudulent invoices over a six-year period. The guilty plea by Luis Enrique Damazo, also known as Luis Enrique Cassinelli was made recently in Oklahoma City Federal court. Acting U.S. Attorney for …

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WPX Energy Unloads $700 million in Last Holdings in San Juan Basin’s Gallup Oil Play

Tulsa’s WPX Energy announced Monday it has sold its last holdings in the San Juan Basin’s Gallup oil play for $700 million. But the buyer was not identified. However, the sale is expected to be completed in the first quarter of 2018. The sale speeds up WPX’s stated deleveraging plans with most of the proceeds …

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Heel-Dragging Irks Some in Congress Over Kaspersky Software Ban

Oklahoma U.S. Rep. Frank Lucas and other members of a House committee have found themselves at odds with the Department of Homeland Security in a flap over orders to remove Kaspersky Lab software from their computer systems. Lucas and Oklahoma Rep. Jim Bridenstine sit on the House Science, Space and Technology Committee.  While Bridenstine has …

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Congress to Explore Nuclear Energy Growth in U.S. and Across the World

Oklahoma Congressman Markwayne Mullin and other members of a House Energy Subcommittee will explore the country’s nuclear supply chain and international nuclear market opportunities in a hearing this week. The Energy and Commerce Committee’s subcommittee on Energy will hold the hearing February 6 and hear from at least 9 witnesses. Among them are representatives of …

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US House Committee Focuses on BLM’s Drilling Permits

The controversial issue of drilling permits for federal lands is getting the attention of members of the House Committee on Natural Resources. Two top Democrats, Rep. Raul Grijalva of Arizona and Rep. Alan Lowenthal of California have asked the Government Accountability Office to examine how many federal on shore oil and gas drilling permits were …

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Quakes Rattle Southern and Northern Oklahoma

Earthquakes shook southern Oklahoma on Sunday then rattled the northern part of the state early Monday morning, according to the U.S. Geological Survey. But no injuries were reported and no damage as well. Southern Oklahoma normally doesn’t get many quakes but the Sunday event near Elmore City in Garvin County measured 3.1 magnitude.  It was …

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