Senate Takes Up Energy Policy Modernization Act

Energy policy took center stage in the U.S. Senate on Wednesday as the body took up S. 2012, The Energy Policy Modernization Act. Alaska Senator Lisa Murkowski is the primary author of the bill. She’s also the chairwoman of the Senate Energy and Natura…

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Energy Acquisition Company Shows Interest in SandRidge Energy

Houston Business Journal reports a Houston private equity player and a Kansas energy acquisition company are taking a look at SandRidge Energy. Reporter Suzanne Edwards writes on Wednesday that Blue Star Energy is discussing options with A.V. Jones who…

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Ethanol Production Drops while Trump and Cruz Debate its Subsidies in Iowa

While Donald Trump and Sen. Ted Cruz are arguing over ethanol subsidies in Iowa just days before the caucuses, reports indicate ethanol production across the U.S. dropped in the past week reaching an 8-week low.
The Energy Information Administration s…

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Blog Suggests Windmills are Causing Earthquakes in Oklahoma—Not Injection Wells

A ‘must read’ article about Oklahoma earthquakes is one posted on the Feeding Jimmy website, one that proposes another theory about what’s causing the quakes—windmills! Yes, it is tongue-in-cheek but drew responses from readers. And the postin…

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Oklahoma Injection Wells Received Tiny Amount of Out-of-State Wastewater

Not all of the wastewater dumped into those controversial injection wells suspected of causing earthquakes in Oklahoma came from state wells. A small amount came from out-of-state.
Of the 1.5 billion barrels pumped back below the earth’s surfac…

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Clean Cities Honors to Midwest City and B and H Construction

On the 20th anniversary of the Central Oklahoma Clean Cities Coalition, the group is honoring B and H Construction LLC and the City of Midwest City for their accomplishments in advancing and deploying alternative fuels and advanced technology vehicles….

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State’s Overall Jobless Numbes Decline Despite Energy Layoffs

Oklahoma’s latest jobless figures show only a slight drop in the state’s unemployment rate, dipping to 4.1 percent. It was a decline of one-tenth of a percent from November 2015 but also two-tenths of a percent more than in December of 2014.
The slig…

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Fitch ratings Changes Energy Industry Outlook to Negative

In a move that will affect some Oklahoma energy companies and their possible borrowing abilities, Fitch Ratings in New York has revised its 2016 rating outlook for the U.S. Oil and Gas industry to Negative from Stable.
It’s due to the impact of …

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Continental Resources Cuts Capital Spending Budget

Continental Resources plans to spend two thirds less on capital expenditures this year compared to last year’s spending plan. The Oklahoma City company made the announcement Tuesday it had a budget of $920 million in non-acquisition capital expenditure…

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OPEC Signals Boost Crude Prices on Tuesday

Hopes of global production cuts helped boost crude prices on Tuesday. March West Texas Intermediate crude added $1.11 to settle at $31.45 a barrel on the New York Mercantile Exchange. On the London ICE Futures Exchange, March Brent crude gained $1.30 t…

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