Hydroelectric and renewable sources— mainly wind — provide some of Oklahoma’s power. But when you flip a light switch, chances are that electricity came from burning coal we get from Wyoming.
The state House on Monday passed a bill extending a $2 million tax credit for converting cars and pickups to cleaner fuels, like hydrogen and compressed natural gas. The measure was carried by Rep. Skye McNiel, R-Bristow, and now awaits Gov. Mary Fallin’s approval, the Associated Press reports: Hydraulic fracturing, or fracking, and other technologies [...]
When it comes to natural gas, Oklahoma lawmakers and corporate leaders are aggressive drivers. The Sooner State is big on CNG-fueled cars and trucks, which have fewer greenhouse gas emissions than their gasoline and diesel-powered counterparts. CNG vehicles also run on a commodity that is currently abundant, cheap and domestically produced — in Oklahoma and [...]
Low natural gas prices aren’t good for business in big-energy states like Oklahoma, so producers and politicians are doing what they can to boost consumption. This means promoting new technologies — like Gov. Mary Fallin’s push for more natural-gas vehicles — and expanding into new markets. The Oklahoman’s Adam Wilmoth sees a fight on the [...]
Natural gas prices have been slipping. Temperatures have been moderate, and natural gas storage in the U.S. recently hit an all-time record. The price slide has had mixed effects in Oklahoma, The Oklahoman reports in separate stories. On one hand, it’s bad for our energy companies: The drop continues a six-week slide that is instilling [...]
Natural gas production in Oklahoma has strong geographic trends and economic importance. How does your county compare? Explore our interactive map.
Devon Energy and Continental Resources will hedge oil and natural gas in 2013, but not Chesapeake Energy. The Oklahoma City natural gas giant’s CEO Aubrey McClendon is going all-in on a bold weather wager, reports the Journal Record‘s Sarah Terry-Cobo: He’s betting that a cold winter will drive up demand for the heating fuel, increasing [...]
Debates over American energy policy often center on the environment and independence. But states like Oklahoma depend on petroleum — especially workers in the oil and gas fields. Technology has fueled a boom and revolutionized production, but the task of extracting oil and gas is still hands-on, high-pressure and high-risk. Politicians argue over industry regulation, [...]
State energy regulators across the country are having a hard time keeping up with the booming natural gas industry. The surge is complicated by cash-strapped state budgets and increasing calls for drilling and fracking oversight, and state agencies in several states are struggling to keep up with well inspections, reports Stateline’s Jim Malewitz. In some [...]
State tax collections are up, thanks to increased income and sales tax revenues. But finance officials are watching for “spillover” effects from steadily declining oil and natural gas revenues, State Treasurer Ken Miller said Tuesday. May marked the six month in a row that gross production taxes from oil and natural gas were less than the [...]
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