Donald Trump is wooing energy-state voters by promising a presidency that will champion coal, promote drilling and free frackers from federal regulations limiting oil and gas development. If the Republican candidate’s energy platform sounds like it was written specifically for fossil fuel companies, that’s because an Oklahoma oil billionaire helped craft it.
Chickasha needs about $8 million to replace its water treatment plant alone, a project expected to take a decade to complete.
Executives at Chesapeake Energy, Continental Resources and Devon Energy have proposed a plan for Oklahoma’s taxes on oil and natural gas production. The proposal comes as legislators are debating state oil and gas taxes, which include an incentive for horizontal drilling that expires next year. The Oklahoman‘s Adam Wilmoth reports: The newest proposal would change [...]
A series of explosive train accidents has renewed concern about the safety of transporting crude oil by rail, especially the type of crude extracted from the Northern Plains. The most recent accident was the the fiery crash that occurred on Dec. 30 in North Dakota. No one was injured, but dramatic fireballs erupted when the [...]
Executives and experts with oil and natural gas companies met in Oklahoma City earlier this week to talk shop. And while the desire for more pipelines dominated much of the discussion — Keystone XL is just the beginning, apparently — the Journal Record‘s Sarah Terry-Cobo reports that maintaining the public trust over environmental issues was [...]
The Keystone XL Pipeline is a key part of Mitt Romney’s presidential campaign, which Oklahoma oil billionaire Harold Hamm is helping craft as chief energy adviser. But only three years ago, Hamm — chairman and CEO of Oklahoma City-based Continental Resources — used to be “one of the most effective” opponents of the pipeline project, [...]
Oklahoma oil billionaire Harold Hamm visited Washington, D.C. on Thursday to defend oil and gas industry tax incentives and to urge lawmakers to open more federally owned land for drilling. Hamm, CEO and Chairman of Oklahoma oil giant Continental Resources and Republican presidential candidate Mitt Romney’s chief energy adviser, also took issue with the underlying cause of President [...]
Low prices, warm weather and abundant production are forcing natural gas companies to refocus on oil. This is an important shift for Oklahoma, an epicenter of the natural gas industry. The Oklahoman ran a great profile of how Oklahoma natural gas companies are trying to reinvent themselves as oil outfits. In many ways, natural gas [...]
Oklahoma oil billionaire Harold Hamm has been appointed energy adviser to Republican primary front-runner Mitt Romney. Hamm is the founder and CEO of Enid-based Continental Resources Inc., and was ranked 36th on Forbes magazine’s list of 400 wealthiest Americans. His 68 percent stake in Continental is valued at $11.2 billion, reports Bloomberg News.
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