Chesapeake Loses Appeals Court Decision

Oklahoma City-based Chesapeake Energy lost a New York federal appeals court decision this week in which the judges said the firm had no right to redeem $1.3 billion in notes early at a favorable price. In short, the 2nd U.S. Circuit Court of Appeals r…

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World Energy Outlook Issued by International Energy Agency

World energy demand is growing and according to the International Energy Agency’s World Energy Outlook 2014, there is a growing risk that the globe’s current events will distract decision makers from recognizing and tackling the longer-term signs of st…

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States Join Pruitt’s Fight Against EPA’s Power Plant Rules

Oklahoma Attorney General Scott Pruitt is among 17 state A-G’s who have written the Environmental Protection Agency to oppose the agency’s proposed rules on power plant emissions. They’re fighting the rules to require coal and oil-fired power pl…

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Gasoline Prices Continue Fall in Oklahoma

Oklahoma gasoline prices now average $2.61 a gallon, a four year low, according to AAA Oklahoma’s Fuel Guage report this week. The new average is 41 cents cheaper than the $3.02 average reported on October 29. AAA says since then, the retail price ha…

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Quakes Follow Northern Oklahoma’s Oilfield Growth

More earthquakes are reported this week in northern Oklahoma where oil and gas drillers have expanded production out of the Mississippi play close to the state line with Kansas. While the State investigates the connectivity to high-pressure dispo…

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Enbridge Energy Plans Rail Line to Move Oil Out of Cushing

Word that Enbridge Energy Partners is planning to build a small rail line from the Cushing crude oil hub south to Davenport and connect to a line between Sapulpa and Del City is a continuing trend of the company as part of its Midwestern U.S. pla…

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Enbridge Energy Plans Rail Line to Move Oil Out of Cushig

Word that Enbridge Energy Partners is planning to build a small rail line from the Cushing crude oil hub south to Davenport and connect to a line between Sapulpa and Del City is a continuing trend of the company as part of its Midwestern U.S. pla…

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Osage Nation Moves to Control Wind Power Fight

The Osage Nation has just one-upped Enel Green Power North America in its fight against the company’s ongoing construction of two wind farms in Osage County. The tribe’s Osage Nation Congress met Monday and voted to create a new law giving its ow…

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Feds Move to Protect Colorado’s Roan Plateau

A Denver, Colorado energy company is being reimbursed nearly $48 million dollars after the federal government yanked nearly all of the 19 leases it granted the company in 2008 in Colorado’s well-known Roan Plateau.
The plateau is located in far …

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World’s Oldest Oil Well Still Producing 153 Years Later!

And we thought it was something to see an oil well drilled in the 1920s still pumping crude! But that’s nothing compared to the nation’s oldest producing oil well in Pennsylvania. It’s located about 70 miles north of Pittsburgh.
McClintock No….

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