Former Oklahoma Transportation Secretary Phil Tomlinson died this week in Shawnee. He was 77 and his death prompted Governor Mary Fallin to issue a statement, saying Tomlinson had served the state with “great distinction.”
“He served six years as secr…
Category: General
Former Transportation Secretary Phil Tomlinson Dies in Shawnee
SandRidge Debt Grows——Company Slashes Capital Spending by 60 percent
SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year.
The debt for 2015 g…
Feds order Firms to Cough up $1.5 million for Not Paying OT to Oilfield Workers
Some 241 oil well service workers in Texas and New Mexico are being paid a total of $1.5 million, including $750,000 in back wages following a federal government investigation into the oil and gas sectors in both states.
Nova Mud Inc., Nova Hard…
SandRidge Debt Grows——Company Slahses Capital Spending by 60 percent
SandRidge Energy in Oklahoma City released its long-awaited fourth quarter and 2015 fiscal reports, indicating its debt has grown to $3.6 billion dollars after losses were reported in both the fourth quarter and for the year. And in a filing with the S…
Tulsa Mayor Bartlett Outlines Plan for Fight to Keep Williams Cos. in His City
Those layoffs carried out this week by Williams Cos. in Tulsa aren’t a surprise to Tulsa Mayor Dewey Bartlett. But he says what is a surprise is how the Williams Companies might leave his city once its merger is completed with Dallas-based Energy Trans…
Williams Layoffs Begin in Tulsa and Oklahoma City
Tulsa-based Williams Cos. Inc. and Williams Partners LP began layoffs in Tulsa and Oklahoma City on Tuesday as previously announced in mid-March. At that time, Williams CEO Alan Armstrong said that layoffs would affect 10 percent of the company’s 6,700…
Oklahoma Energy Index Falls for 13th Consecutive Month
The contraction of the Oklahoma Energy Index continues, and it is Oklahoma?s rural communities that have faced the greatest economic hardship.
The Oklahoma Energy Index contracted for the 13th consecutive month in January, leaving activity in t…
Gasoline Prices Dip Slightly in Oklahoma
Oklahoma gasoline prices have dipped slightly in the past week, reaching a statewide average of $1.86 a gallon, about 1.2 cents below the price of late last week, according to AAA Oklahoma.
The new average is 52 cents higher than the price on Feb. 13,…
SOER Starts Survey of Marginal Oil Producers hit by Low Prices
Low petroleum prices continue to pummel producers all across Oklahoma hard. Among the hardest hit are the small and marginal producers who don?t have very deep pockets when it comes to weathering the low-price storm. Many of those producers are…
Trump Would use Oil as a Weapon to Get Saudis to Fight ISIS
Presidential hopeful Donald Trump is making waves as he talks oil and proposes a freeze on buying oil from Saudi Arabia unless the Saudis send in troops in the fight against ISIS, according to the New York Times.
His call came in a recent interview wi…