Author's posts
New Education Goal Announced by Governor Fallin
Knowing that education is as important in oil and gas as it is to the wind industry, the governor has announced a goal in Oklahoma to increase post-secondary education and training attainment. Called Launch Oklahoma, Gov. Mary Fallin’s new goal is 70 percent of Oklahoma’s residents, ages 25-to-64 to complete a postsecondary degree, certificate or …
Consumer Energy Leader Sees “Energy Friendly” People Now in Washington
When it comes to the change of leadership at the White House and how it might affect the nation’s oil and gas industry, the head of the Consumer Energy Alliance says there definitely is “optimism” in the industry. It’s what Tommy Foltz, Executive Director of the CEA said in a recent interview with OK Energy …
Anadarko Unloads $1.2 billion in Marcellus Shale Assets
A $1.24 billion sale of assets in the Marcellus Shale has been announced by Anadarko Petroleum Corporation. It’s agreed to sell its operated and non-operated upstream assets and operated midstream assets in north-central Pennsylvania to Alta Marcell Development, LLC, a wholly-owned subsidiary of Alta Resources Development LLC. The divestiture includes nearly 195,000 net acres with …
Nation’s Ethanol Production Drops a 2nd Week
Another down week for the nation’s ethanol production. The Energy Information Administration says it was down about 8,000 barrels a day from the previous week. Production averaged 1.028 million barrels a day which translates into 43.18 million gallons daily. However, the four-week average for ethanol production was an all-time high of 1.032 million barrels a …
Oklahoma’s STACK Oil Play Produces More Wells
More oil and gas wells are reported being completed and producing in Oklahoma’s popular and oil-rich STACK play. As indicated on the completion reports published this week by OK Energy Today, producers were reported by Continental Resources, Devon Energy and Houston, Texas based Oklahoma Energy Acquisitions LP. Most of the STACK wells came in with production …
Pruitt Under Fire by Six Liberal Democratic US Senators—–But are They Hypocrites asks One Organization?
Six Democrats on the U.S. Senate Environment and Public Works Committee chaired by Oklahoma U.S. Sen. Jim Inhofe are going after Attorney General Scott Pruitt for his role in leading a nonprofit group that received money from an arm of the Koch brothers’ network. But they are also being called hypocrites from at least one …
Former Legislator Suggests Cutting Oil and Gas Exemptions
Oklahoma’s oil and gas industry won’t like what former longtime state legislator Jerry Ellis of Valliant is suggesting. A cut in exemptions for the industry. Speaking out this week on the state’s budget crisis, the former Democratic Representative and Senator said it should be considered among the actions to be taken by the legislature …
Virginia Congressman Says Pruitt as EPA Chief Would be Good for the Environment and Coal
Oklahoma Attorney General Scott Pruitt has the support of Virginia Congressman Morgan Griffith who says the man nominated by Donald Trump to head the Environmental Protection Agency will be good for the environment and coal. Writing an op-ed piece recently in the Roanoke Times, the Republican U.S. Representative from the 9th Congressional District in …
Energy Bankruptcies Slow as Oil Prices Increase in late 2016
As the year 2016 ends, it will serve as a reminder of the continuing plague of bankruptcies by energy firms throughout Oklahoma, Texas and other energy-producing states. The year proved to be a tough one for some of the energy firms, although not quite as severe as 2015. There were 232 bankruptcy filings in the …
David and Goliath Fight Over Petrochemical Plant
Exxon Mobil has a fight on its hands. The small town of Portland near Corpus Christi, Texas is opposing plans by Exxon and Saudi Basic Industries Corp. to build a nearby massive petrochemical plant. Sort of a David vs. Goliath story. Town leaders are citing safety issues even though the 1,400-acre project is technically outside …