February 14, 2026 archive

Lankford and others try again to eliminate “Superfund Tax” on oil and gas

They want the Biden administration tax repealed Oklahoma U.S. Sen. James Lankford is one of the co-sponsors of a bill to lower energy prices for American families by repealing the $12 billion “Superfund Tax” on U.S. energy production. The main sponsors of the “Pay Less at the Pump Act” were U.S. Senator John Barrasso (R-Wyo.) …

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Bill to make Oklahoma more “pro-business” wins committee approval

Rep. Collin Duel, R-Guthrie, on Tuesday won committee passage of a bill he says will make the state pro-business and more competitive. House Bill 3498 is a modernization of the Oklahoma General Corporation Act and state LLC statutes. “This is a pro-business bill that would invite new investment in Oklahoma and ensure the businesses that are …

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Crude oil made a small gain Friday but OPEC+ is talking of increased oil production

Crude oil down for the week with a slight gain on Friday Friday’s gain in crude oil prices was small enough that it could almost be described as neutral for the day, largely due to an overall slowdown in U.S. inflation. It offset supply worries as OPEC+ is reported to be leaning to a resumption …

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Oklahoma rig numbers fall while US total is unchanged

The number of oil and gas rigs in the U.S. was unchanged in the most recent reporting period by Baker Hughes Co. but it indicated Oklahoma saw a decline of one to 45 rigs. Baker Hughes showed Oklahoma’s count declined to 45 compared to the previous week. Nationally, the count remained at 551. The number …

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Data centers targeted in bill before House Energy Committee

  Energy Meeting Scheduled When:  Wednesday, February 18, 2026 10:30 AM Where:  Room 206 Agenda: 1. Welcome and Introductions 2. HB4219 – Data centers; Data Centers Act of 2026; effective date. – Staires* 3. HB2440 – Environment and natural resources; creating the Environment and Natural Resources Reform Act of 2025; effective date. – Pfeiffer* 4. HB2596 – Public buildings and public …

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Energy briefs

** The President’s move to revoke the scientific basis for the federal regulation of greenhouse gas emissions in America is expected to go to the courts. The finding itself has its roots in the legal system. Back in 2007, the Supreme Court ruled that the EPA had the authority to regulate greenhouse gases under the …

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Appropriations and Budget Natural Resources Subcommittee

The Oklahoma House Appropriations and Budget Natural Resources subcommittee members will meet Monday morning to consider several measures. When:  Monday, February 16, 2026 10:30 AM Where:  Room 5S2 Agenda: 1. Welcome and Introductions 2. HB2988 – Environment and natural resources; Oklahoma Harmful Woody Species Removal Tax Credit Act; income tax credit; Oklahoma Conservation Commission; effective date. – …

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