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Senators Accuse EPA Director of Failing to Keep Transparency Commitments
Oklahoma U.S. Sen. Jim Inhofe and 10 Republicans who sit on the Senate Environment and Public Works Committee he chairs want EPA director Gina McCarthy to turn over information about EPA litigation and regulatory actions planned for the remainder of the Obama Administration. In a letter sent Wednesday, the Senators charged the EPA with “exposing …
BNSF Railway fights Sierra Club over ‘Coal Dust’ Lawsuit
The Burlington Northern Santa Fe Railway Company is fighting a Sierra Club lawsuit in Washington State, calling the suit a “logically meritless” challenge. BNSF, the railway that rolls throughout Oklahoma carrying Wyoming coal to electric-generating plants responded this week to the late July lawsuit in which the Sierra Club claimed coal dust regularly flies off trains …
EPA Puts Gold King Mine to Superfund List
The abandoned Colorado gold mine that contaminated rivers in three states and drew the attention of Oklahoma U.S. Sen. Jim Inhofe is now on the Superfund list of the Environmental Protection Agency. The announcement was made this week by the EPA, the very agency blamed for causing the environmental disaster last year near Durango, Colorado. …
Apache Oil Claims Discovery of Massive New Oil Field in West Texas
The oil and gas world is abuzz over this week’s announcement of a massive oil find in the Davis Mountains of West Texas by Houston-based Apache Corporation. Apache calls it the Alpine High discovery that could contain three billion barrels of oil and 75 trillion cubic feet of gas. “Today’s announcement is the culmination of …
Corporation Commission Dismisses $16 billion Refund Case involving Bribed Vote
“If they think bribery is good, that’s not Oklahoma law.” Ret. Gen. Richard Burpee The 2-1 vote by the Oklahoma Corporation Commission to dismiss the efforts of consumers for nearly $16 billion in refunds from Southwestern Bell did not come as a surprise to those making the challenge. Commissioners Todd Hiett and Dana Murphy voted …
Magellan Midstream Offers $500 million in Senior Notes
TULSA, Okla., Sept. 6, 2016 /PRNewswire/ — Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it has priced $500 million of its 4.25% senior notes due 2046. The notes were priced at 98.762% of par to yield 4.324% to maturity. The partnership intends to use the net proceeds from this offering of approximately $488.7 million, …
Devon Announces Another Big Oil Find in Oklahoma’s STACK
OKLAHOMA CITY–(BUSINESS WIRE)– Devon Energy Corp. (NYSE: DVN) announced today it has successfully tested its third Meramec spacing pilot and commenced production on two high-rate, extended-reach lateral oil wells in the core of the over-pressured oil window of the STACK. The Pump House spacing pilot tested a seven-well pattern across a single-section interval in the …
Gasoline Prices Keep Falling…..New State Average of $2.06
The Labor Day weekend brought a drop in gasoline prices in Oklahoma with a new statewide average of $2.06, a drop of 5 cents a gallon according to AAA Oklahoma. “The statewide average is down seven cents from where it was on August 30, said Chuck Mai, spokesman for the group. “But the drop is …
Oklahomans Show Support for Native Americans Fighting North Dakota Oil Pipeline
Some Oklahoma Indian tribes are supporting the protest of the Dakota Access oil pipeline that is being built across North Dakota, South Dakota, Iowa and Illinois. The Eastern Shawnee Tribe of Oklahoma recently sent volunteers as well as donations of food, water and other supplies to the protesters who include a large population of Native …
Oil and Gas Downturn Opens Door to Recession in Oklahoma
The energy downturn in Oklahoma is being blamed again as the latest gross receipts at the State Treasury were down for an 18th consecutive month in August, according to State Treasurer Ken Miller. Some quoted him as calling it a recession in Oklahoma. Miller said one thing is clear—the state’s jobless numbers were greater than …