Author's posts
Sierra Club Critical of State Over Past Earthquake Action
In announcing a new earthquake plan covering 245 wastewater injection wells, State Corporation Commission officials said this week they were finally getting out ahead of some of the quakes.
“This plan is aimed not only at taking further action i…
Oilfield Conference Underway in Tulsa
No doubt one of the most talked-about topics of the day when the Mid-Continent Digital Oilfield Conference gets underway today in Tulsa will be the layoffs at Oklahoma City-based Devon Energy.
While nearly 1,000 are losing their jobs, others sti…
Despite Production Caps Crude Slips on Tuesday
Despite a decision by major oil producers to cap production levels, crude prices fell on Tuesday. March West Texas Intermediate crude dropped 40 cents to settle at $29.04 a barrel on the New York Mercantile Exchange. On the London ICE Futures Exchange,…
Ethanol Industry Boasts of Helping National Economy
While Oklahoma has no ethanol manufacturing operations, the U.S. ethanol industry added $44 billion to the nation’s gross domestic product in 105 according to a new study by ABF Economics. It also supported nearly 360,000 jobs.
The study was re…
Energy Programs Among those Cited as Wasteful Govrenment Spending by Rep. Steve Russell
Nothing is sacred in Oklahoma U.S. Rep. Steve Russell’s Waste Watch No. 4 that was released this week, detailing some $75 billion in what he calls “waste, cost overruns, and other misspending,” including solar-powered beer or the sale of plastic bags f…
Sierra Club Sues Energy Companies Over Earthquakes
More than 90 days after warning three energy companies, the Sierra Club Oklahoma has filed federal suit blaming Devon Energy, Chesapeake Operating and New Dominion for earthquakes in central and northern Oklahoma.
The suit was filed in Oklahoma City f…
Oklahoma to Feel Impact of Iran’s First Oil Export Shipment
Oil producers in Oklahoma and the rest of the nation will soon feel the impact of competition from Iran as the country made its first crude oil shipment after the nuclear agreement was reached with the Obama administration. The shipment went to E…
Week Starts Positive for Crude
Light Monday trading helped crude oil build on gains it made on Friday. It was only a half day of trading on the New York Mercantile Exchange due to President’s Day. March West Texas Intermediate crude added 39 cents to settle at $29.83 a barrel. April…
While Energy Sector Drops—-Tourism Grows in Oklahoma
Considered the third largest industry in Oklahoma, travel and tourism produced an all-time direct travel spending of $8.9 billion 2014, according to Governor Mary Fallin’s office which based the claim on three major research studies.
Tourism is behind…
Kansas Hurting from Oil and Gas Downturn Too
Oklahoma’s not alone in dealing with a state government budget that’s hurting because of the worldwide oil glut and the downturn in prices.
As the Wichita Eagle reported this week, so is Kansas and most of the counties struggling in the downtown…