(Nicolas Maduro, president of Venezuela, speaks during a swearing in ceremony for the new board of directors of Petroleos de Venezuela SA (PDVSA), Venezuela’s state oil company, in Caracas, Venezuela, on Tuesday, Jan. 31, 2017.) (from CNBC) The Trump administration will sanction Venezuela’s state-owned oil firm, a move the White House has long put …
January 28, 2019 archive
House Energy Committee Democrats start hearings into government shutdown
Oklahoma congressman Markwayne Mullin, now in the minority on the House Committee on Energy and Commerce will be among those this week exploring the impact of the partial government shutdown on the environment. The Committee on Energy and Commerce, now chaired by Democrat Rep. Frank Pallone of New Jersey will hold a hearing on Thursday, …
Socialist government in Venezuela results in massive drop in oil production
The political and government turmoil in Venezuela has left the country’s oil production in a dismal state. Some could blame it on the socialism-form of government and cite it as another example of a failed system. Yes, it does affect Oklahoma’s oil and gas industry where production continues to grow. It also has a …
Bill filed to raise Oklahoma’s minimum wage
A minimum wage hike bill’s been filed in the Oklahoma legislature and it ‘s a measure that would affect every aspect of the state’s energy industry. The bill by Sen. George Young, (D-OKC) would raise the minimum wage from the current $7.25 an hour to $10.50 an hour. Senate Bill 102 was filed after Arkansas …
Gravel operator loses again in court fight
The owner of a gravel operation on Saline Creek in eastern Oklahoma just lost another court case. David Eastman, owner of Ozark Materials River Rock, LLC has been ordered to pay more than $193,000 in attorney’s fees and expert costs to the man who sued him in 2011 under the Clean Water Act. Tulsa U.S. …
Taxing wind electricity—a fight’s underway in Wyoming
Oklahoma isn’t the only state looking at the wind industry with critical legislation. Wyoming is too and a fight is brewing over wind and higher taxes. As OK Energy Today has reported about several bills aimed at the wind industry, in Wyoming, legislators are looking at increasing the tax on wind. Wyoming is one of …
NextEra continues national growth while fighting Oklahoma over air space
While NextEra Energy Inc. continues its fight with the state over construction of wind farms that might interfere in the path of flyways for Vance Air Force Base, the company is expanding its operations throughout the rest of the U.S. The company has reported a record year for new renewable projects in 2018. It added …
Energy company donates $1 million to save historic west Texas swimming pool
From the Associated Press: An oil and gas company operating in West Texas has donated $1 million to reach the fundraising goal for repairs to what’s touted as the world’s largest spring-fed swimming pool. About $2 million in repairs continue at Balmorhea State Park pool. Executives with Apache Corp. presented a check to the Texas …
E. coli found in Nash water system
The community of Nash in northern Oklahoma is under a boil order issued by the State Department of Environmental Quality. Leaders of the Grant County town were notified after E. coli was discovered in the water supply system. Residents were used to only use water after it had been brought to a full, rolling boil …
Dividend declared by Mammoth Energy
Oklahoma City’s Mammoth Energy Services, Inc. declared a quarterly cash dividend of $0.125 per common stock. The nearly 13 cent a share will be paid on Feb. 14, 2019 to those owning stock as of the close of business on Feb. 7, 2019. Mammoth’s last quarterly dividend was the same amount in November. In its …
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