The conservative publication, The Weekly Standard, proved this week it can go after conservatives—namely Scott Pruitt and others in the Trump Administration. In an editorial targeting the EPA Administrator and others over their exorbitant spending of taxpayers’ dollars, the Standard stated, “The money isn’t the real problem. The behavior is—particularly from top officials working for …
The Oklahoma Corporation Commission takes issue with a Reuters news article this week that focused on the state’s STACK play, mentioning how the state’s regulating certain wells because of earthquakes. Spokesman Matt Skinner responded by stating that the Reuters article was “incorrect when it comes to earthquakes.” When the reporters claimed that there are potential …
Oklahoma Corporation Commission investigators remain on the site of the gas rig explosion in January that killed five workers in southeastern Oklahoma. Documents made available by the Commission show several delays were encountered in recent days as specialists attempted to carry out more work exploring the bore hole. “During initial wire line run to check …
Months after the flooding that hit south Texas, we’re learning the environmental impact is apparently much larger and deeper than the public has been led to believe. It’s what is being reported by the Houston Chronicle and the Associated Press. They say county, state and federal records show it wasn’t just the fire and explosions …
The President of the Oklahoma Independent Petroleum Association landed in the Oklahoma City jail this week following his arrest on drunk driving related charges. Police arrested Tim Wigley, 55 Tuesday night after receiving a report of a possible drunk driver leaving the parking lot of the Garage Restaurant near downtown Oklahoma City. The arresting officer …
A government report showing U.S. crude inventories fell 2.62 million barrels last week sparked a big jump in oil futures as they reached their highest level in six weeks in Wednesday’s trading. Futures rose 2.6 percent in Wednesday’s trading on the New York Mercantile Exchange as oil rose $1.63 per barrel, settling at an April …
The announcement this week by SandRidge Energy that it would not accept any merger proposal from Tulsa-based Midstates Petroleum drew only a brief response from Midstates. The company issued a statement following the rejection by SandRidge Energy. “Midstates Petroleum continues to believe in the merits of the SandRidge Energy transaction proposed on February 6, 2018. …
Democratic State Representatives who have pushed for higher gross production taxes on oil and gas applauded this week’s Supreme Court decision allowing an initiative petition for a vote of the people to raise the taxes. “This initiative represents the last stand for teachers,” said Minority Leader Steve Kouplen, D-Beggs. “In the absence of a substantial …
Oklahoma City’s Devon Energy announced this week it had made more than $807 million in tender offers in a previously-announced move to purchase senior notes as part of an effort to cut the company’s debt load. The offer was made March 7 and the deadline was March 20. Devon also amended the offers to increase …
Oklahoma Congressman Jim Bridenstine got the support of at least 61 other House members this week in his nomination by President Trump to become the next Administrator of NASA. The 61, including Oklahoma Representatives Frank Lucas and Steve Russell, urged Senate leadership to confirm Bridenstine who is in the midst of his second nomination by …