The past month turned out to be the second wettest August in Oklahoma on record as rainfall totaled an average of 6.42 inches. The Oklahoma Mesonet reports the total was 3.47 inches above normal and only .06 less than the record set in August 1915. State Climatologist Gary McManus reported ten Mesonet sites recorded …
As the nationwide gasoline price average hit $2.45 entering the weekend, Oklahoma motorists and others can only wait to see if prices will rise even more and whether there will be any supply issues. As of Friday, some Oklahoma retailers reported they were met with supply limits on their purchases while some refiners in the …
The Oklahoma Supreme Court ruling that upheld the constitutionality o the removal of a sales tax exemption on new cars brought an obvious sigh of relief from Gov. Mary Fallin and legislative leaders. But it also brought a broadside filed by one politician against Lt. Gov. Todd Lamb who is running for governor. Gary Richardson, …
The hurricane’s damage and flooding in south Texas didn’t stop Anadarko Petroleum Corporation from suing the IRS this week in Texas federal court. The Houston-based company sued the IRS because it refused to recognize a nearly $16 million capital loss two years. The lawsuit alleges the agency also changed its rules covering the deferral of …
Xcel Energy, the largest electrical utility in Colorado confirms it is considering the shutdown of two coal-fired generating units ten years earlier than planned. The company says it plans to replace the two older units at the Comanche Generating Station in Pueblo with a mix of wind, solar and natural gas. One of the units …
State regulators in New Mexico are being asked to create new energy standards to protect consumers and utility shareholders from future environmental regulations. New Mexico Attorney General Hector Balderas joined some consumer advocates in petitioning the Public Regulation Commission and calling on electric utilities to reduce carbon dioxide emissions from power plants by 4 percent …
Some last-minute filings were made by American Indian tribes still fighting the Dakota Access oil pipeline in North Dakota. They are still trying to persuade a federal judge that Texas-based Energy Transfer Partners has overstated the potential impacts of a shutdown of the pipeline. Standing Rock Sioux attorney Jan Hasselman and Cheyenne River Sioux attorney …
By a vote of 5-4, the Oklahoma Supreme Court on Thursday struck down the vehicle sales tax measure that passed in May during the last week of legislative session. Legislators used a repealer to eliminate an exemption to the tax on automobile sales. The bill was contested on the allegation that it created a new …
Both the STACK and SCOOP continue giving up large wells to a variety of companies. Houston’s Marathon Oil Company reports a well near Kingfisher, one of three making up a multi-unit operation is producing 1,055 barrels a day. Located about 2 miles northeast of Kingfisher, 12 16N 7W the Hansens well also is producing 3,184 …
State regulators in Texas confirm the hurricane caused the release of pollutants from refineries operated along the Gulf Coast. The flooding also destroyed two oil storage tanks releasing about 30,000 gallons of crude oil on Wednesday. Reports indicated the refineries were those run by Exxon, Shell and other companies. The state was informed by Shell …