US Senate Explores Impact of Federal Water Rules on Farming Industry

Oklahoma U.S. Sen. Jim Inhofe made it clear he didn’t appreciate the controversial WOTUS rules drawn up in the Obama administration and eliminated by the Trump administration. During a Senate Environment and Public Works Committee hearing on Thursday, he had an opportunity to question a number of representatives of farm organizations about the impact of …

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Corporation Commissioner Says PSO Customers Will See Savings Because of Federal Corporate Tax Cuts

Oklahoma Corporation Commissioner Bob Anthony is praising the move by the commission in recent days to create a $31 million favorable rate adjustment to PSO. The Company had originally applied for a $169 million rate increase but the OCC’s final order determined instead a $111 million increase. The original request was lowered by $31 million …

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Energy Firm Drills Without Permission at Union City

A legal fight is brewing between a drilling company and Union City in Canadian County. The flap with S and S Star Operating LLC, a nearly 2-year old Oklahoma City firm, started when the company made a mistake and drilled a wastewater injection well inside the municipal limits without city permission. The Yukon Review reported …

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Poll Shows Most Oklahomans Support Step Up Oklahoma and its Higher Tax Plan

A new SoonerPoll shows a majority of Oklahomans support the business and civic leaders group Step Up Oklahoma in its push for higher taxes and government reform to fix the state government budget crisis. Nearly 70 percent of likely-voting Oklahomans say they support what the group is pushing. “I believe, had we polled a proposal …

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State Supreme Court Grants Stay to Group Fighting 29-year old Bribed Corporation Commission Vote

The Oklahoma Supreme Court has given a surprise Stay to the consumer’s group waging a battle to overturn a nearly 29-year old bribed Corporation Commission vote on a Southwestern Bell Rate hike. In a 6-3 vote, the Supreme court requested the stay sought by Oklahomans Against Bribery. It was a brief court order that suspended …

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Most Counties in Oklahoma Saw Improved Employment in 2017

A new report from the state government shows unemployment rates improved over 2017 for most counties in Oklahoma. Unemployment rates were lower than a year earlier in 75 of Oklahoma’s 77 counties according to the Oklahoma Employment Security Commission.  McIntosh County in eastern central Oklahoma had the highest December 2017 rate at 7.4 percent. Latimer …

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129 Straight Days Without Rain for Panhandle

While precipitation was reported this week in southeast Oklahoma,  northwest Oklahoma and the Panhandle can only wonder what it’s like to get rainfall. The western reaches of the Panhandle have gone 129 straight days without rain according to Gary McManus, State Climatologist in an Oklahoma Mesonet report issued Wednesday. Other parts of northwest Oklahoma have …

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Ascent Resources Founded by Late Aubrey McClendon Lands in Bankruptcy Court

  Oklahoma City’s Ascent Resources Marcellus Holdings LLC and its subsidiaries have landed in bankruptcy court.  The companies filed for Chapter 11 reorganization in the U.S. District Court of Delaware and said they owe between $1 billion and $10 billion to between 200 and 999 creditors. Ascent was one of the companies founded by the …

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Pioneer Unloads Assets to Focus on Permian Basin

Another energy company is wiping its hands of its assets and properties in west Texas and the Panhandle and focusing solely on the Permian Basin. Pioneer Natural Resources Company, an independent based in Dallas announced the divestiture plans. Up for sale are 70,000 net acres in the Eagle Ford Shale of South Texas. Those assets …

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Plains All American Pipeline Finished 2017 on a “strong note”

Plains All American Pipeline, L.P., with its system that brings oil into the storage farm at Cushing, Oklahoma reported  fourth quarter and full-year 2017 earnings. The company reported 2017 and the last quarter were healthy enough that it reduced total debt by $1.5 billion in the 4th quarter and ended 2017 with $3 billion in …

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