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Actions of Legislature Cause Oklahoma to Fall in Annual Energy Efficient Scorecard
Oklahoma ranks 44th worst when it comes to energy efficient state programs and efforts according to the 2016 State Energy Efficiency scorecard issued by The American Council for an Energy-Efficient Economy. And in part, the state legislature can take the credit. States throughout the Mid-West generally did not fare well as Kansas is 48th, …
Oklahoma Gasoline Prices Hit $2.02 average
Gasoline prices have slipped to an Oklahoma average of $2.02 a gallon, a drop of eleven cents since the end of August according to the latest Fuel Gauge Report from AAA Oklahoma. Lawton has the lowest average with $1.89 a gallon while the highest is in Stillwater at $2.11 a gallon. “Inventory reports have been …
Chesapeake Buys $898 million in Outstanding Notes
While Oklahoma City-based Chesapeake Energy experienced the loss of two board members on Tuesday, the firm also announced final results on its offers to purchase for cash up to $800,000,000 of its outstanding notes. As of September 26, Chesapeake had received valid tenders totaling nearly $933.3 million aggregate principal amount of the Notes. Chesapeake accepted …
Jury Awards Nearly $14 million to Four men Hurt in Williams’ Louisiana Plant Explosion
A jury in Plaquemine, Louisiana awarded $13. million in damages to four workers hurt in the 2013 blast that ripped through the Olefins Geismar plant owned by Williams Companies of Tulsa. The four were among 114 who were hurt n the blast that also killed two other workers. The Iberville Parish jury deliberated nearly five …
Mexico Says Its Shale Oil Fields will be Open to US Drillers in Early 2017
The huge shale oil fields in Mexico could be open to U.S. drillers as early as March 2017, according to Mexico’s energy secretary Pedro Joaquin Coldwell. It’s what he told energy executives, attorneys and academics last week at Rice University saying the auctions for the northern Mexico shale fields will be part of his country’s …
Demand will Exceed Oil Output in 2017 Predicts International Energy Leader
The head of the International Energy Agency predicts global oil output will exceed demand until late next year. The prediction comes from Fatih Birol who is Executive Director of the IEA. “We don’t see the oil market re-balancing until late 2017 provided there’s no ‘major intervention’,” he said in an interview this week with Bloomberg …
Is Kingfisher Wind Farm a Nuisance? OKC Federal Judge to Decide
Oklahoma City U.S. District Judge Timothy D. DeGiusti is being asked to decide if the Kingfisher Wind LLC farm located near Kingfisher is a nuisance to neighbors who don’t want it there. The neighbors formed a group called the Oklahoma Wind Action Association and sued Kingfisher Wind LLC which is a unit of Apex Clean …
No Slump Expected at Upcoming Oklahoma Oil and Gas Expo
The 20th annual Oklahoma Oil and Gas Expo presented by the OERB and SOER will be held Oct. 6 on the Oklahoma State Fair Park in Oklahoma City. “It’s our 20th anniversary which we’re very proud of, the longest running and largest oil and gas expo in the state,” declared Katy Spetter, one of the …
Shareholders Approve Merger of Westar Energy and Great Plains Energy
Shareholders have given approval to the merger of Great Plains Energy Incorporated and Westar Energy, Inc., both in Kansas. Westar is considered the largest electric utility in the state and has 700,000 customers and 2,400 employees. Great Plains is the parent company of KCP and L and headquartered in Kansas City, Missouri. “Our shareholders’ support for the transaction …
UN Wants Work Stopped on Pipeline While Federal Judge Says Some Protesters are Hooligans
Now the U-N is getting involved in the oil pipeline fight in North Dakota as the U.N.s special envoy for the rights of indigenous people is calling for a halt to its construction. Victoria Tauli-Corpuz in Geneva, Switzerland wants work stopped on the Dakota Access pipeline, calling it a threat to drinking water supplies and …