Rising gasoline prices greet drivers at the pumps

Prices at the gasoline pumps continue their climb upward, both in Oklahoma and across the U.S. The latest average price in Oklahoma is $2.45, two cents more than a week ago, according to AAA Oklahoma. The new nationwide average is $2.69, six cents higher than last week. In Oklahoma, Adair county next to the Arkansas …

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Presidential permit could skirt court blockage of Keystone XL line

Legal observers believe a presidential permit signed last Friday by President Trump is a way to get around previous federal court orders halting development of the Keystone XL oil pipeline. His order would jump-start construction of the line that would eventually connect to the Cushing Hub and the already-in-place Keystone line in Oklahoma. The permit …

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Edmond man admits to embezzling $750,000 from OKC energy firm

A 74-year old Edmond, Oklahoma man has admitted to embezzling more than $750,000 from the Oklahoma City energy company where he worked until two years ago. The Oklahoma City U.S. Attorney announced that Odis Aubrey King pleaded guilty to embezzling the money and to filing a  false federal income tax return. U.S. Attorney Robert J. …

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Producers think Gov. will sign bill restricting nuisance lawsuits on farming operations

A bill restricting nuisance lawsuits against ag and farming operations in Oklahoma is close to landing on the desk of Gov. Kevin Stitt.  When it does, some producers predict he will sign it into law. Ron Hays at the Oklahoma Farm Report reported such suggestions in his Monday edition. The Oklahoma Legislature wrapped up its …

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Newfield Exploration presses ahead with successful wells in the STACK

Newfield Exploration Mid-Con Inc. filed seven completion reports on Friday with the Oklahoma Corporation Commission including six in Blaine County. The largest producer brought in 1,198 Boed. The Castonguay 1610 4H-2X is located midway between Watonga and Kingfisher and 4 miles north of State highway 33 near the Lomega High School. Its legal site is …

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Rep. Mullin steps up opposition to Green New Deal

Oklahoma Congressman Markwayne Mullin’s opposition to the Democrats’ Green New Deal isn’t anything new. He also is not hesitant at all in speaking out against the plane raised by Democratic Congresswoman Alexandria Ocasio-Cortez of New York. In one of his latest interviews on Fox News, the Republican from eastern Oklahoma again said the plan is …

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NGL Energy Partners and ONEOK Inc. seek investors at California conference

  Some Oklahoma energy companies plan to be on hand this week for the 3rd Annual Mizuho Energy Summit in Napa, California. Tulsa-based NGL Energy Partners LP ‘s management team will participate in a series of one-on-one meetings with members of the investment community. They are seeking more prospective investors in the company. ONEOK, Inc. will also …

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An examination of Oklahoma’s oil and gas industry

  From the Enid News and Eagle.   ENID, Okla. — There are a number of different industries that help to sustain Oklahoma, but none may be more important than the oil and gas industry. “The economic impact is massive. There’s no other industry that’s even close to being as impactful, and I think, particularly …

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City of New Orleans sues OKC’s Chaparral Energy and others in $133 billion lawsuit

  Oklahoma City’s Chaparral Energy is one of a handful of energy firms named in a $133 billion lawsuit filed by the City of New Orleans blaming them for coastal erosion. Industry supporters responded by saying “nothing good comes from suing an industry that means so much to New Orleans.” New Orleans Mayor Latoya Cantrell announced …

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Rig counts keep slipping

Rig counts across the U.S. fell again in the past week including Oklahoma where the count totaled 108, one less than a week ago. It’s a sign that more drillers are temporarily stacking some of their rigs as they await renewed oil prices. A year ago, Oklahoma’s number of oil and gas rigs stood at …

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