Monthly Archive: August 2014

EPA Stubbornly Releases Maps of Water Targets

The efforts of the Environmental Protection Agency to make a swooping move to control waters and wetlands nationally has angered some in Congress. And now those opponents of the EPA on Capitol HIll have managed to get their hands on EPA maps that prev…

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Energy Industry Adds to Improving Jobless Rates in Oklahoma

Oklahoma’s energy industry, whether it’s oil and gas, wind farms or even coal has added to improving unemployment figures released this week by the Oklahoma Employment Security Commission. A breakdown of the rates shows more than two-thirds of Oklahoma’s 77 counties saw unemployment rates drop in July. The State’s total jobless rate is 4.6 percent, down one-tenth of a percent in June.

When one studies the employment statistics as provided by the Employment Security Commission there is no specific category for the state’s biggest energy industry—oil and gas. Neither is there one for the burgeoning wind industry. There is a category called “Mining & Logging” and it reflects the employment in the Oklahoma City area of 20,500 persons or 600 more than July of 2013. That’s a three percent increase in employment. Tulsa’s employment in the same category is 8,200, up 500 from a year ago which is a 6.5 percent hike.

Statewide, the best we can do in determining the impact of the massive oil and gas industry is to study the employment in the various regions of Oklahoma. Where is the most oil and gas activity? Northwestern, Western and south central Oklahoma.
The northwestern part of the stdate which includes Enid, Ponca City, Stillwater, Guymon and Woodward has a labor force of 161,535 of which only 6,169 are unemployed, resulting in only a 3.8 percent unemployment rate. Little wonder because that’s an area where oil drilling remains in a boom.

South Central Oklahoma, including the cities of Lawton, Duncan and Chickasha has a 4.9 percent jobless rate as 6,398 are jobless out of a labor force totaling 130,618.
Western and southwest Oklahoma reports a jobless rate of 3.5 percent. Only 2,027 are unemployed out of the labor force of 58,733.

   

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Chesapeake Attorneys Await Judge’s Decision on Racketeering Charges in Michigan

A judge in Cheboygan, Michigan says she’ll rule later whether Oklahoma City-based Chesapeake Energy should stand trial on racketeering charges in an alleged land lease conspiracy.

Cheboygan District Court Judge Maria Barton told lawyers on Wednesday…

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Tulsa’s WPX Energy Swaps Holdings for Millions to Expand Drilling in Colorado

Tulsa-based WPX Energy announced today an agreement to develop its properties in western Colorado?s Piceance Basin Highlands through a multi-million dollar deal with TRDC LLC, a subsidiary of Houston-based G2X Energy.

Under the agreement, WPX …

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Tulsa’s WPX Energy Swaps Holdings for Millions to Expand Drilling in Colorado

Tulsa-based WPX Energy announced today an agreement to develop its properties in western Colorado?s Piceance Basin Highlands through a multi-million dollar deal with TRDC LLC, a subsidiary of Houston-based G2X Energy.

Under the agreement, WPX …

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Criminal Hearing for Chesapeake Energy

Today was the expected last day of a hearing in a criminal case brought against Oklahoma City-based Chesapeake Energy Company by the Michigan Attorney General.
Chesapeake is accused of leasing land to avoid competitors and then canceling the deals whe…

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Criminal Hearing for Chesapeake Energy

Today was the expected last day of a hearing in a criminal case brought against Oklahoma City-based Chesapeake Energy Company by the Michigan Attorney General.
Chesapeake is accused of leasing land to avoid competitors and then canceling the deals whe…

Continue reading »

Governor Approves Emergency Earthquake Insurance Rule

With the increase in earthquakes in Oklahoma and the belief by some experts it is caused by oil and gas disposal wells, the governor and Insurance Commissioner have worked on giving state consumers accurate information about buying earthquake insurance…

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Governor Approves Emergency Earthquake Insurance Rule

With the increase in earthquakes in Oklahoma and the belief by some experts it is caused by oil and gas disposal wells, the governor and Insurance Commissioner have worked on giving state consumers accurate information about buying earthquake insurance…

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Farm Bureau Runs into Water Fight Over its Water Lawsuit

Oklahoma Farm Bureau leaders learned recently just how intense some in southern Oklahoma feel about their water as they voiced objections to the farm organization’s lawsuit against a new state water law. As the Daily Ardmoreite reported in Ardmore, th…

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