Group Criticizes EPA for Causing PSO Rate Hike Request

The $172 million rate hike request filed this week by AEP-PSO in order to meet tough new Environmental Protection Agency requirements on coal-fired power plants has already run into opposition by Americans for Prosperity-Oklahoma.

John Tidwell, Stat…

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PSO Files $172 million Rate Hike Request

Customers of Public Service Company could face a $175 a year increase in their utility bills if the State signs off on a rate hike requested filed this week by AEP-PSO. The utility wants permission to raise $172 million a year in revenues to recover co…

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Pruitt—-Lights Will Go Out if EPA Wins

Oklahoma Attorney General Scott Pruitt has laid out his opposition to the Environmental Protection Agency’s attack on coal-fired power plants by suggesting the “lights will go out in many Oklahoma communities” if the state does not fight the EPA’…

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Pruitt Sues EPA Again over Clean Power Plan

Oklahoma Attorney General Scott Pruitt takes another shot at the Environmental Protection Agency, filing suit in Tulsa Federal Court on Wednesday and accusing the EPA of lacking the authority to carry out its proposed Clean Power Plan by using th…

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Rise in Supply Sends Crude Prices Tumbling on Wednesday

Unexpected increases in crude supplies sent oil prices tumbling on Wednesday. August West Texas Intermediate crude dropped $2.51 to settle at $56.96 a barrel on the New York Mercantile Exchange. August Brent crude fell $1.58 to end trade at $62.01 a ba…

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Well Brings in Nearly 2,800 Barrels a Day in Stephens County

A monster well? Surely, it could be classified as one in southern Oklahoma where Newfield Exploration reports a well produced 2,785 barrels of a oil a day when it was completed May 18, 2015 in Stephens County, according to the list of completion…

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Nation’s Oil Supplies Increase Again

The U.S. Energy Information Administration reported this week that U.S. crude oil production rose 9,000 barrels a day to reach 9.701 million barrels a day in April. That’s the highest level since May 1971, according to the data released by the EI…

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Attorney Confident of Winning Earthquake Lawsuit

The attorney representing the Prague woman who sued two oil companies and blamed them over her injuries in a 2011 earthquake says he’s confident of winning before a jury now that the State Supreme Court says the case should be decided by a Lincol…

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Economic Forecast Predicts 33% drop in Oil Revenue in Oklahoma

A new report suggests that the revenue for oil and gas producers in Oklahoma could drop more than 33 percent this year because of the oil downturn and it eventually could result in the loss of 11,000 industry jobs.

RegionTrack, the economic re…

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Osage County Producers Ready to Sue BIA

The U.S. Bureau of Indian Affairs is about to be sued by Osage County oil producers who don’t like the way the BIA regulations are affecting their industry. The Osage Producers Association, according to the Tulsa World, plans to take the BIA to c…

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