Oklahoma legislators are considering eliminating some tax credits and incentives for businesses to help plug a $1.3 billion budget gap. The state’s fiscal crisis has led some oil and gas leaders to push lawmakers to end incentives for the wind industry.
More than $900,000 of Severn Trent’s fine will go to help other small towns with water infrastructure needs.
Oklahoma City police on Monday released new details on the fiery single-car crash that killed former Chesapeake Energy CEO Aubrey McClendon a day after his federal indictment.
Oklahoma could become a right-to-farm state if voters approve State Question 777 this November. But opponents are gearing up for a legal fight to keep the issue off the ballot.
Steve Trammel, an oil and gas expert with analytics firm IHS, said there’s a flip slide to Chesapeake’s move: “If Chesapeake is selling assets, that means somebody is buying them,” Inside Energy’s Dan Boyce reports.
The Oklahoma House on Monday voted to approve legislation clarifying and confirming the authority of state oil and gas regulators to take actions designed to stop industry-linked earthquakes. Continue Reading
Oklahoma has hundreds of abandoned oil and gas wells, the byproduct of a century of petroleum production. Left unrepaired, many of these wells can endanger people and the environment. The state has a fund to plug abandoned wells, but some of that money has been diverted due to budget cuts.
Oklahoma oil and gas pioneer Aubrey McClendon died Wednesday morning following a traffic crash in Oklahoma City.
It’s unclear whether the wreck is related to McClendon’s indictment on Tuesday on charges he masterminded a conspiracy to rig the bidding process for oil and gas leases in northwest Oklahoma. He was due to appear in court later in the day on Wednesday. Continue Reading
“Mr. McClendon, the former chief executive of Chesapeake Energy, was to appear in court later in the day.”
Will Oklahoma be more like Missouri or North Dakota?
In Missouri, Right-to-farm — a constitutional amendment that broadly protects the agricultural industry from future laws and regulations — was a contentious fight that pitted farmer against farmer and forced a recount of the statewide vote. But in North Dakota, Right-to-Farm passed by a 2-to-1 margin. Continue Reading