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 …
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 …
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 …
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 …
** 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 …
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. – …
Tensions and less demand sent prices downward Crude oil and Oklahoma energy stocks suffered losses on Thursday. Oil retreated due to falling demand and the easing of concerns about a renewed Middle East conflict between the US and Iran. Reuters reported global oil demand will rise more slowly than previously expected this year, the International …
Longstanding EPA Climate Change rule revoked by President Trump EPA Administrator Lee Zeldin called it “the Holy Grail of federal regulatory overreach,” a scientific finding used in the action to regulate greenhouse gas emissions and fight climate change. On Thursday, the Trump administration revoked the finding, a move considered to be the most aggressive by …
Oklahoma saw a gain in its gross production tax revenue from oil and gas in the state for the month of January, according to State Treasurer Todd Russ. The January tax revenue was released this week showing total revenue for January was $ 1,531,773,919.77. Revenue from oil and gas production tax was $85.2 million, an increase …
Was tax issue at the center of relocations by the two oil and gas firms? When Devon Energy recently announced the relocation of its headquarters from Oklahoma City to Houston, Texas, one observer noted Texas had no state income tax. Oklahoma does. Now that Expand Energy followed a week later with a similar announcement but …
