While state revenue collections are continuing to fall in Oklahoma, tax revenue from oil production is going up according to figures released this week by State Secretary of Finance Preston Doerflinger. General Revenue Fund collections for April missed the official monthly estimate by 12.9 percent and were 4.4 percent below the estimate for the fiscal …
Oklahoma Gov. Mary Fallin will be getting a letter in mail from EPA Administrator Scott Pruitt, if she hasn’t already, asking her advice on how to define which wetlands and small waterways should be covered by the Clean Water Act. Pruitt sent letters this week to governors asking for their “input and wisdom” on how …
The U.S. Senate could vote Wednesday whether to trash the Obama administration created rule that targeted methane emissions from oil and gas operations on public lands. It’s what Oklahoma U.S. Sen. Jim Inhofe and others have told Politico’s Morning Energy Report. Here is how ME reported it on Tuesday: INCHING TOWARD METHANE VOTE: The Senate …
The effort by James Adams of Pawnee to sue oil and gas companies he blames for last fall’s 5.8 magnitude earthquake is back in Pawnee county District Court. It was April 12 when a Tulsa federal judge ruled the case should be remanded back to district court and late last month, that’s where Adams and …
A week after Oklahoma City-based Devon Energy announced plans for a $1 billion divestiture of some of its holdings so it could devote more exploration in Oklahoma’s STACK and the Permian Basin in Texas, its sale of 115 miles of natural gas gathering pipeline in Wyoming has been announced. Meritage Midstream Services LLC and its …
The Texas Public Utility Commission is being asked by NextEra Energy to reconsider its rejection of the company’s nearly $18 billion deal to buy bankrupt Energy Future Holding Corp, majority owner of Oncor, the state’s largest power network. NextEra, a company fighting lawsuits against its windfarm developments in western Oklahoma made the request in a …
A natural gas explosion in a Colorado home that killed two people last month was widely discussed at a recent meeting of the Interstate Oil and Gas Compact Commission in Oklahoma City. That’s because it involved an abandoned pipeline. The blast happened in Firestone, Colorado where investigators determined an improperly severed pipe connected to an …
While last year and so far this year, Oklahoma has not experienced many tornadoes, the rest of the nation has. And one report in the Philadelphia Inquirer suggests the nation has experienced a “stunning increase” in federal disaster declarations for tornadoes in the 21st Century. From 1953 to 1982, the Federal Emergency Management Agency issued …
Guthrie Rep. Jason Murphey makes it clear he will vote against any plan to increase gasoline taxes in the state. Writing in the McCarville Report this week, the Republican legislator said it is flawed logic to suggest gasoline taxes could be increase because the state already has one of the lowest such taxes in the …
The EPA’s defending its move to dismiss a dozen members of the agency’s advisory board of scientists, saying Administrator Scott Pruitt wants more diversity on the board. That “diversity” includes the possibility of naming researchers from the industry the agency oversees. Members removed from the Board of Scientific Counselors had three-year terms that expired late …