Oklahoma

Economy, Energy, Natural Resources: Policy to People

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Oil and Gas Boom

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Delayed Federal Fracking Rules Affect Wells on Tribal Land in Oklahoma

A water line for hydraulic fracturing traverses an oil and gas access road in Woods County.

A federal judge in Wyoming this week delayed the start of new rules for fracking on federal lands, issuing a temporary stay to give the federal government more time to explain how it developed the rule, The Hill and Casper Star-Tribune report. The Hill’s Timothy Cama says the ruling is a setback for the Obama [...]

StateImpact on OETA: Oklahoma Oil Hub Overflowing With U.S. Crude

Low oil prices have led the U.S. energy industry to stockpile crude instead of selling it at discount rates. A lot of that hoarding is happening at a major oil hub in Cushing, Okla., which is holding record amounts of crude could fill up — for the first time ever.

Oklahoma Running Out of Room for Oil as U.S. Hoards Crude in Cushing Hub

A tanker truck pulling into a terminal at the oil hub in Cushing, Okla.

A booming U.S. oil industry has led to near-record amounts of oil production, which has helped drive down oil prices. The energy industry has responded by storing crude instead of selling it at discount rates. That has created a unique situation in Oklahoma, where a major oil storage hub is on track to fill up — completely.

Now Showing: Oil Downturn’s Effect on Oklahoma Employment Numbers

Rig Worker

Oklahoma lost about 500 mining industry jobs between December and January, data from the Oklahoma Employment Securities Commission show. Almost all in-state “mining” jobs are actually in oil and gas drilling, The Journal Record‘s Sarah Terry-Cobo reports. And while the job losses haven’t yet affected the state’s unemployment rate, currently 3.9 percent, oil sector employment [...]

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