“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 …
PHOENIX (AP) — An Arizona Corporation Commission member who has been seeking documents from the state’s largest electric utility on its possible political spending has hired an attorney to analyze how outside interests may be influencing utility regulators’ decisions. [Commissioner Bob Burns said Tuesday he’s hired attorney Scott Hempling to do the analysis for the …
Oklahoma Senate President Pro Tempore Brian Bingman approved 36 interim studies on Wednesday. “These interim studies will give Senators the chance to take a more in-depth look at the issues that are important to them and their constituents. The state constitution puts a lot of time constraints on the legislative process, so interim studies are …
Weeks after Chesapeake Energy settled hundreds of millions of dollars in royalty lawsuits in Fort Worth, Texas, the company’s been sued by the Mansfield school district. The district, located southeast of Fort Worth accused Chesapeake of sham transactions to cheat it out of more than $1 million from its natural gas leases, according to a …
More than two weeks after a U.S. House committee subpoenaed New York Attorney General Eric Schneiderman in a dispute over his politically-driven probe of Exxon Mobil, Schneiderman has been sued by two conservative environmental law groups. The Free Market Environmental Law Clinic and the Energy and Environment Legal Institute sued him for investigating Exxon and …
U.S. ethanol production bounced back up 6,000 barrels a day this week hitting an average of 1,0004 million barrels a day according to the U.S. Energy Information Administration. The four-week average for ethanol turned out to be a record at an average of 1.009 million barrels a day. Stocks grew by one percent from …
The combination of the government’s war on coal and slumping prices has resulted in Pittsburgh-based Kennametal Inc. announcing it is laying off 1,000 workers over the next 15 months. The company cites weak demand for the coal-mining and gas-drilling cutting tools that it makes. Kennametal has a workforce of 12,000, down about 2,000 from what …
Vandals thought to be environmental activists are suspected of damaging three oil pipeline construction sites in central Iowa. It occurred at the Dakota Access pipeline and Jasper County Sheriff John Hafferty says there’s little doubt the fires were intentionally set. He estimated damage to a bulldozer and other large-tracked equipment at $1 million. It was early …