Oklahoma City’s Chesapeake Energy has become the target of two major U.S. investment firms with each just acquiring 6 to 7 % of the shares in the company. Filings made by Chesapeake Energy with the U.S. Securities Exchange Commission show State Street, the 3rd largest investment advising firm in the world purchased 55,212,444 shares of …
The latest Oklahoma Energy Index shows strong economic gains are being made in Oklahoma because of growing improvements in the oil and natural gas industry. Dr. Russell Evans, executive director of the Steven C. Agee Economic Research and Policy Institute, said the most recent Oklahoma Energy Index (OEI) said both rural and urban areas of …
As the State of Oklahoma proposes to take the lead in enforcement of coal ash permitting in the state, the Oklahoma Sierra Club is concerned state budget funding challenges might be too much for the state to handle. It was the claim of Johnson Bridgwater, President of the State Sierra Club who was one of …
With the arrival of Valentine’s Day, a warning’s being issued by power companies across the country—be careful about releasing any of the metallic balloons that fancy some sweethearts. If one of the metallic balloons comes into contact with a power line, it can lead to a power outage. For example, last year in California, Pacific …
The operator of a 26-mile water line serving the Delaware Basin in west Texas has finished a six-mile extension ahead of schedule. Layne Christensen Company started the project in December and announced it is already for transmission. The pipeline is near Pecos and runs northward into Reeves County. It has a capacity of 175,000 barrels …
At least 8 Republicans in the Oklahoma House of Representatives say there are alternatives to the massive $704 million tax hike proposed by Step Up Oklahoma, the new group formed by civic and business leaders. The 8 make up the Oklahoma Republican Platform Caucus and said the bills proposed by Step Up represented the largest …
The White House isn’t the only place where a past domestic abuse has led to a resignation. Governor Mary Fallin was handed the resignation this week of Preston Doerflinger after a published report indicating he had choked his wife during a five in 2012. Jill Doerflinger filed for divorce less than a year after the …
Oklahoma Auditor and Inspector Gary Jones has a message for State Attorney General Mike Hunter who won’t release a state audit of the public trust that handled the buyout of homes at the Tar Creek Superfund site…..Let the Audit Speak for Itself. It’s the message delivered by Jones in a news release this week in …
Less than a month after Public Service Company presented alternative transmission power lines from the largest wind farm in the U.S. it is proposing, a setback occurred this week. An Administrative Law Judge at the Oklahoma Corporation Commission recommended against preapproval for the Wind Catcher project to be located in the Panhandle. Her decision left …
At last word, Step Up Oklahoma’s proposed $581.4 million tax hike, including increases on the wind industry and oil and gas had not won approval in the Oklahoma House of Representatives. A vote was put on hold late Monday afternoon with the measure still short of the needed votes. At last word, House Bill …