Oklahoma

Economy, Energy, Natural Resources: Policy to People

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The economic and environmental impact of Oklahoma’s energy industry.

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Lawmaker to Propose Legislation Changing Tax Incentives for New Wind Farms

Oklahoma Representative Earl Sears, is planning to file legislation modifying tax credits and incentives used by wind energy developers. The legislation by Sears, R-Bartlesville, would only affect new wind projects and would target three tax credits used by the wind industry: Zero Emission Energy Generation, the five-year ad valorem exemption for manufacturers and other firms, [...]

Oklahoma AG Scott Pruitt Says ‘Alliance’ With Energy Industry Wasn’t Secret

Oklahoma Attorney General Scott Pruitt shakes hands at the state capitol after the annual State of the State address.

Oklahoma Attorney General Scott Pruitt confirmed Monday that he has worked with the energy industry to push back against the U.S. Environmental Protection Agency and the Obama administration’s regulatory agenda, but denied how The New York Times characterized those efforts, which were detailed in a story published over the weekend. Pruitt’s alliance with energy companies [...]

How Low Oil Prices Could Block an Oklahoma Tax Cut

ok-pumpjack

Gov. Mary Fallin in April 2014 signed into law a measure designed to gradually lower Oklahoma’s top income tax rate to 4.85 percent from 5.25 percent. But those income tax cuts only go into effect if Oklahoma’s revenues rise, and the slumping price of crude oil — $63.57 per barrel of West Texas Intermediate at [...]

Scrutiny of Subsidies Could Test the Economics of Wind Energy in Oklahoma

A NextEra Renewable Energy Resources wind farm site near Elk City, Okla.

The 2015 session is still months away, but the newly elected Oklahoma Legislature has already started talking about how to divvy up roughly $7 billion in state appropriations. Some prominent lawmakers are promising to re-examine tax credits and economic incentives worth hundreds of millions of dollars. Some of those incentives are used for wind energy, [...]

State Regulators: Stricter Ozone Standard Would be Hard for Oklahoma to Meet

Ozone is a major contributor to smog, seen here blanketing Los Angeles.

In Oklahoma, local government officials say tougher rules aren’t needed because ozone levels are already improving, and the state Department of Environmental Quality says the state would have a hard time meeting the proposed rules, which would reduce ozone standard from 75 parts per billon to between 65 and 70.

What Oklahoma Can Learn From a Municipal Ban on Fracking in Texas

Driven by water worries, safety questions and quality of life concerns, residents in Oklahoma and states other the country have pushed for citywide bans on hydraulic fracturing. Many of those efforts have proved successful, but, in the end, fracking bans might be more about lawyers than voters.

As Oklahoma Economists Eye Slumping Oil Prices, Energy Executives Urge Calm

Crude oil prices have plummeted to the lowest level in three years, a slump analysts say is fueled by reduced demand due to stalling growth in Europe and China, and booming supply from domestic production in the U.S. In Oklahoma — a state where, historically, finances have risen and fallen with the fortunes of the [...]

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