More than half the oil and gas a typical horizontal well will produce over its lifetime in Oklahoma is pumped to the surface during its first three years, a new report from Oklahoma Watch shows. That relatively short window of abundant production is important because that’s when the wells are taxed at much lower rates, [...]
Oklahoma lawmakers have struggled for months to agree on a formula to patch a nearly $900 million budget hole and sign off on a plan that funds state agencies. To help pay for the budget plan, lawmakers are considering ways to squeeze more from taxes on oil and gas production, an option that has divided [...]
Oklahoma oil executives have argued for years over a new law that would let companies drill and frack longer horizontal wells in new areas.
Low-income areas of rural Oklahoma are blotched with food deserts, where fresh, healthy food options are scarce. It’s a problem in cities, too, but entrepreneurs, educators and legislators say newly signed legislation could help fill grocery gaps with community gardens.
The most practical alternative to earthquake-triggering oilfield disposal wells is for energy companies to reuse the wastewater instead of injecting it underground, leaders of a research group working on behalf of the state said Wednesday.
Oklahomans joined thousands of people in more than 600 cities on Saturday in a march for scientific freedom organized to send a message to state and national lawmakers.
Gov. Mary Fallin on Monday signed legislation bringing to an early end the last major tax incentive for the wind industry.
The 2017 legislative session is beyond the halfway point and the clock is ticking on lawmakers who have until the end of May to set the state’s budget and plug an $870 million funding hole. Legislators say every option is on the table, including one with growing public support: Increasing taxes on oil and gas.
A bill that brings an early end to the last major tax incentive for the wind industry has cleared its last legislative hurdle and now awaits Gov. Mary Fallin’s signature. Oklahoma governor to decide fate of wind energy tax credits Leadership in both chambers have praised the bill, citing it as one way the state [...]
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