Members of the U.S. House Committee on Natural Resources were told this week that proposed new rules governing the flaring and venting of natural gas from wells on federal lands is needed. It’s what they hard from some of those who testified Wednesday during a hearing into the Bureau of Land Management’s Regulatory Overreach into …
Oklahoma U.S. Sen. James Lankford isn’t giving up on forcing the U.S. government to take care of the more than 600 million acres of land it owns in this country. It’s his vow after his amendment to allocate money for maintenance of the land failed in the Senate. “The federal government is a terrible landlord,” …
Oklahoma U.S. Senators Jim Inhofe and Barbara Boxer on Tuesday released their various of The Water Resources Development Act of 2016. Inhofe is chairman of the Senate Environment and Public Works committee and Boxer, a Democrat from California is the ranking minority member. Their Act authorizes 25 critical Army Corps projects in 17 states. “These …
Oklahoma Governor Mary Fallin put her name to three more energy bills on Monday, creating new laws pertaining to underground facilities damage, the state plugging fund and solid waste disposal. The Underground Facilities Damage Prevention Act, better known as House Bill 1951 by Rep. Weldon Watson, R-Tulsa and Sen. A.J. Griffin, R-Guthrie updates the statutory …
The Oklahoma Aeronautics Commission is proposing $98 million in improvements to airports around the state in the coming two fiscal years. Projects are 40 airports within the state system are included in the Capital Improvement Program for fiscal years 2017-2019. The majority of the projects, according to Vic Bird, director of the Aeronautics Commission will …
Gasoline prices have hit an average $1.92 a gallon in Oklahoma this week, according to the latest Fuel Gauge Report from AAA Oklahoma. That’s about a penny less than one week ago but also 58 cents more than the 2016 low of $1.34 reached on Feb. 13. Nationally, the average is $2.14 a gallon which …
Seventy Seven Energy Inc. missed analyst expectations on Monday and reported a first-quarter net loss of $59.6 million, or $1.09 a share, as reported by Adam Wilmoth of The Oklahoman. The Oklahoma City-based oil field services company’s first-quarter earnings were down from a net loss of $37.6 million, or 78 cents a share from a …
Oklahoma oilman Harold Hamm has come down on the side of Donald Trump in the race for the White House. The founder of Continental Resources said Trump’s the kind of man with the “fortitude to make tough decisions.” and is “a business leader’s candidate.” Hamm, the 2012 energy adviser to GOP Presidential candidate Mitt Romney …
Oklahoma Congressman Markwayne Mullin and other members of the U.S. House Energy and Commerce Committee meet Tuesday to vote on reauthorization of the Pipeline and Hazardous Materials Safety Administration. The measure would also direct the Administration to increase transparency and accountability and finish long overdue regulations. It is among numerous bills to be marked up …
Oklahoma Corporation Commissioners will hold deliberations Thursday in the third try by Oklahoma Gas and Electric to win approval for the installation of $500 million in scrubbers to the utility’s Sooner coal plant. It’s a move that has been denied twice previously by the commission, but if approved this time, would eventually lead to higher …
