The dollar amount wasn’t disclosed but Summit Utilities, a privately held holding company is becoming the new owner of the Arkansas Oklahoma Gas Corporation. Summit operates natural gas distribution subsidiaries in Colorado, Missouri and Maine and will soon take over the serving of nearly 60,000 natural gas utility customers in Oklahoma and Arkansas, according to …
Gasoline prices have bounced back upward a few more cents in Oklahoma, raising the state’s average this week to $1.97 a gallon, an increase of four and a half cents over the past week, according to AAA Oklahoma. Lawton has the lowest average at $1.90, an increase of 4 cents over the last several days. …
Second thoughts about fracking and local control. It’s what the two Presidential candidates are having as Democratic nominee Hillary Clinton said she now supports a state Supreme Court ruling which prohibits local governments from banning the process. It comes after GOP nominee Donald Trump had told supporters he supports fracking but also believes local governments …
While consumers enjoy lower fuel prices associated with the energy downturn, cheap oil is to blame for the loss of nearly 200,000 jobs, according to a report issued on Thursday by outplacement firm Challenger, Gray & Christmas, Inc. Almost 95,000 jobs have been eliminated in 2016 by energy companies, according to the Chicago-based firm. Most …
As oil and gas revenues continue to tumble in Oklahoma, the state’s economic decline has now lasted 17 months, three months longer than the so-called Great Recession that ran from 2008 to 2010. State Treasurer Ken Miller says the 12-month collections since Feb. 2015 have fallen by $1.1 billion or 8.8 percent. He says during …
Oklahoma U.S. Sen. Jim Inhofe is again at odds with the Obama White House. And yes, it involves climate change. This time, it’s in a difference of opinion with the White House Council on Environmental Quality and its final guidance on considering climate change in environmental reviews under the National Environmental Policy Act. As chairman …
The Natural Resources Defense Council is out with a report showing which states are worst when it comes to carbon pollution in the U.S. No, Oklahoma is not one of them. But Texas, California, Florida, New York, Illinois and Ohio are. The Council’s report says seven states, California, Florida, New Jersey, Georgia, Tennessee and Virginia …
“We need to start thinking and talking about the day when we don’t have oil and gas resources at all.” Sen. David Holt One of the 36 interim studies approved by the State Senate leadership in Oklahoma in the past several days focuses on a long-term strategy for replacing revenue provided by oil and …
Oklahoma City’s Chesapeake Energy isn’t alone in being sued by a Texas school district. Add SandRidge Energy to the list of those hauled into court. SandRidge has been sued by the Fort Stockton Independent School District and accused of owing the district more than $500 million, according to the Journal Record. The school district contends …
Two environmental activists were acquitted this week on charges stemming from a December 2013 protest demonstration at the Devon Energy headquarters in downtown Oklahoma City. Chief Municipal Court Judge Phillipa James announced not guilty verdicts in favor of Moriah Stephenson and Stefan Warner who had been arrested and charged originally with Terrorism Hoax felonies. The …