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

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Bills Filed to Stop Local Bans on Oil and Gas Production

Several bills filed for the upcoming 2015 legislate session rein in the power cities and counties have to regulate drilling and oil and gas production. The Oklahoman‘s Paul Monies reports: At least eight bills have been filed that would stop cities and counties from banning drilling operations, including proposals from top leaders in the House [...]

Oklahoma Supreme Court to Decide Lawsuit Over Earthquake Near Prague, Okla.

The state’s highest court will consider whether two oil companies can be held liable for injuries a woman suffered during the 2011 earthquake near Prague, Okla. The 5.7-magnitude earthquake was the state’s largest recorded with modern instruments, and is the largest quake scientists have linked to disposal wells, a type of well oil and gas [...]

Oklahoma Earthquake Rate is High, But Holding Steady

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Oklahoma experienced more earthquakes than California in 2014, but the rate and severity of the shaking “has held relatively flat over the past 12 months,” The Oklahoman’s Adam Wilmoth reports. “It looks like we’re at about the same rate now as we were last year at this point,” Oklahoma Geological Society seismologist Austin Holland said. [...]

Engineering Students at Oklahoma Universities Anxious About Low Oil Prices

The price of crude oil has plummeted below $50 a barrel, and while there are varying opinions and analyses on whether the downturn will be short slump or a long slog, students in Oklahoma who are enrolled in engineering disciplines are starting to worry that low oil prices could affect their future job prospects. Students [...]

Oklahoma Among States Driving Current, Future Growth in U.S. Wind Power Capacity

The U.S. is expected to have added about 5 gigawatts of wind-generated electricity capacity in 2014, estimates from the federal Energy Information Agency show. Officials expect even more growth — up to an additional 11 GW — in 2015, with most of the added capacity coming from five states: Oklahoma, Texas, Illinois, Iowa and Minnesota.

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, [...]

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