Gasoline prices went up nearly 6 cents a gallon in Oklahoma City in the past week, reaching an average of $1.89 a gallon while statewide prices rose only one cent hitting an average of $1.93 per gallon. AAA Oklahoma reports the $1.93 average this week in the state compares to $1.92 a gallon one week …
Jury ups the award for pipeline damages
A district court jury in central Iowa has given a victory to a landowner who contended oil pipeline builder Dakota Access didn’t pay her enough for her farmland. The Boone County jury recently ruled in favor of Judith Lamb and awarded her $250,000, farm more than the $90,100 a county compensation board gave her when …
Rep. Mullin to have direct say over Democrats’ climate change efforts in the House
Oklahoma Congressman Markwayne Mullin will have some direct input when it comes to the efforts of Democrats in the House to approve climate change legislation. He’s been named by Republican leaders on the House Energy and Commerce Committee to sit on the Subcommittee on Environment and Climate Change. His appointment was one of only a …
Environmentalists lose a coal-ash court case
It’s a tie-score so far to the challenges by environmentalists when it comes to court rulings over coal ash. One for the environmentalists and one against. As OK Energy Today reported last week, a Washington, D.C. judge refused to delay a lawsuit challenging the EPA’s move to let Oklahoma regulate its own coal ash disposal. …
Senator launches move to expand Corporation Commission with gubernatorial appointments
An effort has been launched in the Oklahoma state Senate this legislative session to expand the size of the Oklahoma Corporation Commission and to term limit members. But it would require a vote of the people to change the state constitution. Sen. Mark Allen (R-Spiro) introduced Senate Joint Resolution 14 which would add two members …
Chesapeake Energy jump starts South Texas drilling after $4 billion merger with WildHorse Resources
Oklahoma City’s Chesapeake Energy Corp. is taking advantage of its $4 billion merger with WildHorse Resources Development Corp. by already seeking permits to drill in the Eagle Ford Shale of South Texas. Chesapeake is already considered one of the top drillers in the shale play and earlier this month filed 18 applications with the Railroad …
Merger vote to be held by TransMontaigne Partners
Denver’s TransMontaigne Partners L.P., a firm with major operations in Cushing and Oklahoma City, Oklahoma plans a special shareholders meeting next week to vote on a proposed merger worth $536 million. The January 28 meeting will be held in Denver at 1670 Broadway where the subject of the merger with an indirect subsidiary of ArcLight …
Four earthquakes reported in oil and gas plays in Oklahoma, Kansas and Texas
At least four earthquakes were reported in Oklahoma, Kansas and Texas over the weekend. All four were in active oil and gas drilling plays. The most recent was a 3.6 magnitude quake registered around 11:30 Sunday night with an epicenter about 14 miles west of Enid, Oklahoma. The US Geological Survey indicated the depth was …
Oil and Gas employment helped create Oklahoma’s 3.2 percent jobless rate
Oklahoma was one of 40 states in the U.S. last week where the unemployment rate was below 4 percent. Oklahoma’s unemployment rate actually improved to 3.2 percent for December 2018 for the 8th consecutive month, according to the Oklahoma Employment Security Commission. The December rate improved 0.1 percentage point and was down nearly a full …
Rig counts nationally and in Oklahoma drop with low oil prices
The number of active oil and gas rigs in the U.S. and in Oklahoma plunged in the past week as more were put into storage while oil prices remained in the low $50 a barrel range.The national count fell by 25 to reach 1,050 rigs while the count in Oklahoma dropped by 10 to hit …