Oklahoma

Economy, Energy, Natural Resources: Policy to People

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Oklahoma is a leading energy producer with an economy increasingly concentrated on the oil and gas industry, economists say.

What Oil and Natural Gas Mean to Big-Energy Oklahoma

Background

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Oklahoma is a leading energy producer with an economy increasingly concentrated on the oil and gas industry, economists say.

Oklahoma is all about oil, natural gas and, increasingly, wind energy.

Roughly one-quarter of all jobs in Oklahoma are tied to the energy industry, either directly or indirectly, says Mickey Hepner, an economist and Dean of the University of Central Oklahoma’s College of Business Administration.

The state has a unique historical stake in the oil industry, but Oklahoma today is as much an energy state as perhaps it’s ever been, Hepner says, and oil and natural gas helped the state survive the recent recession.

Latest Posts

‘Former Petroleum Worker Wants Industry Earthquake Fund’

The idea has been floated before but never really gained traction, The Journal Record‘s Sarah Terry-Cobo reports: “… An industry-funded entity that taxes oil and gas production, collecting fees for earthquake-related damages.” Former petroleum worker wants industry earthquake fund Oklahoma Geological Survey Director Jeremy Boak said California’s geothermal industry has an indemnity fund to cover [...]

AP: ‘Trump set to roll back Obama policies on energy, environment’

Oklahoma oil billionaire Harold Hamm, founder and CEO of Continental Resources, is still under consideration for energy secretary, the Associated Press reports. Trump set to roll back Obama policies on energy, environment WASHINGTON – President-elect Donald Trump is considering an oil billionaire and a North Dakota lawmaker for top posts as he moves to roll [...]

NPR: ‘Earthquake Strikes Oklahoma Near Major Oil Hub’

Earthquake Strikes Oklahoma Near Major Oil Hub A strong earthquake rattled central Oklahoma over the weekend. The magnitude 5.0 temblor struck not far from one of the state’s major oil hubs. AUDIE CORNISH, HOST: A magnitude 5.0 earthquake struck Oklahoma last night. It damaged buildings and knocked out power.

Oil and Gas Activity Likely Caused Widely Felt Western Oklahoma Earthquake, Study Suggests

Graphic showing stress change after the 5.1-magnitude earthquake that struck near Fairview in February 2016.

Wastewater injection into clusters of high-rate disposal wells likely triggered a 5.1-magnitude earthquake that struck western Oklahoma in February 2016, new research suggests. The earthquake near Fairview produced a large blast of seismic energy that spawned a series of widely felt aftershocks. The quake is now considered one of the largest ever linked to the [...]

EPA Recommends Disposal Moratorium in Oklahoma’s Most Earthquake-Prone Areas

20160906 - pawnee quake pics125_WEB

Officials with the U.S. Environmental Protection Agency say Oklahoma oil and gas regulators should “consider a moratorium” of waste-fluid disposal in its most seismically active areas. The suggestion was made in the federal agency’s annual review of the Oklahoma Corporation Commission’s oversight of disposal wells, which Energy Wire’s Mike Soraghan obtained through a Freedom of [...]

‘DOJ Subpoenas Chesapeake Documents’

Oklahoma City-based Chesapeake Energy has been “named in several lawsuits alleging underpayment of royalties and defended cases in Arkansas, Louisiana, Ohio, Oklahoma, Pennsylvania and Texas,” the Journal Record’s Sarah Terry-Cobo reports. DOJ subpoenas Chesapeake documents The Justice Department is also seeking information on how the company acquires and classifies its oil and gas properties. The company [...]

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