Oklahoma has the cheapest gasoline in the U.S. according to the latest Fuel Gauge Report from AAA Oklahoma. The state’s new average is $1.81 or more than 5 cents cheaper than eleven days ago. South Carolina has the second lowest average at $1.85 …
Category: General
Well Drilling Continues Despite Downturn
Despite the low energy prices, the loss of more oil and gas rigs in the state and the nation and putting more employees into the unemployment lines, some energy companies continue to explore for new oil and gas finds in northern Oklahoma.
The la…
TransCanada Shuts Down Keystone Pipeline Following Oil Spill
TransCanada Corp. said Monday that it has shut down parts of the Keystone pipeline for the rest of the week while the company investigates a spill in southeastern South Dakota. The leak was first reported Saturday afternoon in Hutchinson County when wo…
BP Cutting Hundreds of Jobs in Houston Area
Houston, Texas will see a loss of at least 500 BP jobs this year, according to the Texas Workforce Commission which was notified by mail of the company’s employment intentions. Most will occur in June and are part of the nearly 4,000 job cuts the…
USGS Starts Major Rock Study in Upper Midwest
While the U.S. Geological Survey is busy monitoring earthquakes in northern Oklahoma, it is also in the process of beginning a major study to define what minerals lie beneath portions of the upper Midwest.
Scientists are conducting a high-resolu…
SEC Gets the Word—-PostRock Energy is Broke
It wasn’t an April Fool’s Day move by Oklahoma City-based PostRock Energy when it filed for Chapter 11 bankruptcy. In a filing with the Securities and Exchange Commission, stated it filed in the United States Bankruptcy Court for the Western Dist…
Bid-Rigging Lawsuit Filed in Woods County Against Chesapeake, SandRidge and Tom Ward
A lawsuit very similar to the bid-rigging lawsuit filed in Oklahoma City federal court against Chesapeake Energy, SandRidge Energy and oilman Tom L. Ward has been filed in Woods County District court in Alva.
The suit was filed by Harold Koppitz…
OKC Mayor Cornett Joins Fight Against Wind Rebates
Laying out at least one side of the fight over wind industry rebates opposed by the state’s oil and gas industry, Oklahoma Treasurer Ken Miller discusses the issue he titled “Gone with the Wind” in his monthly Oklahoma Economic Report.
The repor…
“Earth (Quake) Day” Planned at State Capitol by Oil and Gas Protesters
A rally against giving the Oklahoma Corporation Commission the power to enforce rules and regulations over the oil and gas sector is drawing opponents who plan what they call an “809 Rally” later this month at the State Capitol.
Sponsored by the…
Nearly 90 New Jobs Created by State Quality Jobs Program
About 90 more jobs in the state are being created as the State Commerce Department’s giving financial assistance through the Quality Jobs Program to two firms, one in Sapulpa and another in Norman.
Ardagh Glass Inc. in Sapulpa will create 70 jobs thro…