Oil producers in Oklahoma and the rest of the nation will soon feel the impact of competition from Iran as the country made its first crude oil shipment after the nuclear agreement was reached with the Obama administration. The shipment went to E…
Week Starts Positive for Crude
Light Monday trading helped crude oil build on gains it made on Friday. It was only a half day of trading on the New York Mercantile Exchange due to President’s Day. March West Texas Intermediate crude added 39 cents to settle at $29.83 a barrel. April…
While Energy Sector Drops—-Tourism Grows in Oklahoma
Considered the third largest industry in Oklahoma, travel and tourism produced an all-time direct travel spending of $8.9 billion 2014, according to Governor Mary Fallin’s office which based the claim on three major research studies.
Tourism is behind…
Kansas Hurting from Oil and Gas Downturn Too
Oklahoma’s not alone in dealing with a state government budget that’s hurting because of the worldwide oil glut and the downturn in prices.
As the Wichita Eagle reported this week, so is Kansas and most of the counties struggling in the downtown…
What Others Say about U.S. Supreme Court Delay of Clean Power Plan
What others are saying about the U.S. Supreme Court’s decision to stay the controversial Clean Power Plan of the Environmental and Protection Agency.
Isaac Orr, a research fellow of Energy and Environment Policy at the Heartland Institute, a fr…
Sierra Club Prepares to Fight OGE’s Latest Power Plant Request
The Oklahoma Sierra Club is fighting a new effort by Oklahoma Gas and Electric to win Corporation Commission approval for the installation of scrubbers on its aging Sooner coal-fired power plant at Red Rock. It was only a few months ago when the Commi…
State to Release Massive Injection Well Plan Targeting Earthquakes
The Oklahoma Corporation Commission announced over the weekend it finalized a plan to reduce more wastewater injection well operations and started notifiying disposal well operators in an effort to bring about a reduction of earthquakes in the re…
Earnings Reports Coming this Week from Three Oklahoma Energy Companies
A big week for three Oklahoma based energy companies as we learn more about their financial status during this prolonged oil and gas downturn. Devon Energy, Seventy Seven Energy Inc. and Williams Cos. will release their fourth quarter and full-ye…
Big Jump for Crude on Friday
Another signal from an OPEC producer sends crude prices skyrocketing on Friday. March West Texas Intermediate crude jumped $3.23 to end trade at $29.44 a barrel on the New York Mercantile Exchange. April Brent crude added $3.30 a barrel to settle at $3…
Oklahoma Corporation Commission Unveils Wide Area Disposal Well Plan After 5.1 Quake
In response to the 5.1 magnitude earthquake striking Oklahoma on Saturday, the Oklahoma Corporation Commission released a statement over the weekend signaling the agency was implementing a wide area response. According to the release, the Commission’s …
