Oklahoma

Economy, Energy, Natural Resources: Policy to People

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Oil and Gas Boom

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Plummeting Oil Prices Have Pushed Oklahoma Into a ‘Mini-Recession’

Workers uncap a well in the western Oklahoma oil field in 2014.

Slumping oil prices have fueled thousands of job losses in big energy states like Oklahoma, which is “gripped by a mini-recession,” economist Mark Snead tells the Journal Record‘s Kirby Lee Davis: “The notion that Oklahoma has diversified away from oil and gas is, at this point, many, many years away,” he said.

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 [...]

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