Democrats in the state don’t think much of Gov. Mary Fallin’s tax ideas unveiled in Monday’s State of the State address. They think it is “burdensome taxes on the middle-class and working families in the form of $1.1 billion in new taxes on Oklahomans that can least afford it.” One of her plans is …
Nothing about the elimination of tax credits for some energy industries. But Governor Mary Fallin, in her State of the State address on Monday called for adopting a plan where gasoline and diesel taxes go to roads and bridges. “My plan will ensure taxes associated with roads and bridges are the funding source for maintenance …
The energy industry’s latest Chapter 11 bankruptcy has been filed by Houston-based Vanguard Natural Resources LLC, a company that sold its Oklahoma holdings last year as it struggled with growing debt. It listed $708 million in debt. The company said the restructuring under Chapter 11 is under the company’s reserve-based credit facility and senior unsecured …
While Attorney General Scott Pruitt waits on the U.S. Senate to hold a confirmation vote on him taking over the EPA, he remains the target of attacks from environmentalists and Democrats. The latest comes from three-term San Diego-based Rep. Scott Peters who is a new member of the House Energy and Commerce Committee. He also …
A Grant County Commissioner from Oklahoma will be one of those testifying this week before the U.S. Senate Environment and Public Works Committee. Commissioner Cindy R. Bobbitt will join others in a hearing entitled “Oversight: Modernizing our Nation’s Infrastructure.” The hearing will be held Wednesday at 9 a.m. Oklahoma time. Others who will testify include …
A Texas Appeals Court ruling last week that reversed a $3 million dollar harmful-emissions verdict against a Texas driller might have environmentalists and the oil and gas industry wondering about the impact of lawsuits. The Dallas-based 5th District court of Appeals sided with Aruba Petroleum Inc. which was sued by a family that claimed it …
When the U.S. House on Friday voted to overturn the Obama administration regarding flaring of natural gas during drilling operations on public lands, all five Oklahoma Congressmen were in the majority. Representatives Bridenstine, Cole, Lucas, Mullin and Russell were among the 221 who passed the measure and sent it to the U.S. Senate. They were …
Former Interior Secretary Sally Jewell decided she and her husband will visit national parks as she takes a break following her departure last week from Washington, D.C. As Climate News reported, the former CEO of sport goods retailer REI said she was “definitely not retiring” but looking forward to a break. Her first stop …
The developer of the Dakota Access Pipeline will have to go before the North Dakota Public Service Commission to face claims it did not notify the commission when it discovered a Native American cultural site during work on the controversial pipeline. Texas-based Energy Transfer Partners maintains it was an unintentional violation of state rules when …
Colorado-based Buccaneer Energy lost a bid in the Denver Federal Appeals court to revive its antitrust lawsuit against three other gas companies. The firm sued the three claiming they unfairly cut it out of a competitive area of western Colorado. But the 10th U.S. Circuit Court of Appeals would not bring new life back to …