June 27, 2016 archive

Brexit Woes Push Crude Oil Futures Lower on Tuesday

Oil futures continued their fall on Monday as traders dealt with another day of market volatility while determining the consequences of the Brexit referendum vote, according to Bloomberg MarketWatch. August West Texas Intermediate crude fell $1.31, or 2.8%, to end trading at $46.33 a barrel on the New York Mercantile Exchange. August Brent crude, the …

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AAA: Lower Gas Prices Equate to Record-Breaking Holiday Weekend

Independence Day is near with more than 558,000 Oklahomans making preparations to travel during the record-breaking holiday as prices at the pump stabilize, according to a Fuel Gauge report from AAA Oklahoma. The state’s average price is $2.09 a gallon, an increase of less than one cent. “Oklahoma’s gas price average is 48 cents below where …

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Completion Reports June 28, 2016

ELLIS COUNTY Ppp Petroleum Lp Cleveland(9215): Oil 240 Gas 85 Water 228 Flow 16 18N 24W Leroy Davis 3-9h, August 17, 2015 HH, OIL, TD: 14432 ft Lat: 36.04186, Long: -99.76448 API: 35045235060002 PONTOTOC COUNTY Crown Energy Company Senora-thurman: Gas 183 Flow 8 4N 6E Sandy Creek 1-8hh, January 28, 2016 HH, GAS, TD: 6500 …

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Permits to Drill June 28, 2016

Grady County JACKSON 25-24-10-6 #1XH, June 27 2016 25 10N 6W SWSESESE API: 05124047 Lat: 35.306095602341145, Long: -97.77842854961156 LINN OPERATING INC HH, DR, 19691 ft, MISSISSIPPIAN(9689)  

Williams Shareholders Vote to Push Forward for ETE Merger

  By an overwhelming vote, shareholders of Tulsa-based Williams Companies voted Monday to continue a merger with Energy Transfer Equity of Dallas, even after ETE won a Delaware judge’s ruling last week allowing it to bail out of the $38 billion deal announced last fall. Nearly 79 percent of the 750 million outstanding shares eligible …

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TransCanada Files $15 billion NAFTA Lawsuit over Keystone XL Pipeline Rejection

The U.S. is being sued for $15 billion by TransCanada over President Obama’s rejection of the company’s proposed controversial Keystone XL pipeline.  TransCanada contends the president’s move violated the North American Free Trade Agreement by thwarting the company’s expectations. The company’s first pipeline, the Keystone from Cushing south to the Gulf Coast has been operational …

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OSU Professor Named to New Federal National Climate Assessment Committee

An Oklahoma State University professor has been named to serve on a new federal committee for climate change assessment. Regents Professor of Sociology and Dresser Professor Riley Dunlap is one of 15 appointees recently named by the National Oceanic and Atmospheric Administration to the new Advisory Committee for the Sustained National Climate Assessment. He is …

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OGE’s Steps to Save Energy and Money

The summer weather won’t be as hot this week in the state has it was in the days before the official start of summer. Nonetheless, Oklahoma Gas and Electric is encouraging its customers to take some steps to control energy costs. It’s offering at least 8 such steps to save energy and money. Have your …

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Senator Accuses Clean Power Plan Opponents of Running Propaganda Machine

While Oklahoma U.S. Sen. Jim Inhofe is well known for his stands against some of the Environmental Protection Agency and its Clean Power Plan, Rhode Island Democratic Sen. Sheldon Whitehouse is making his own charges against Clean Power Plan opponents. He’s accusing them of running a well-oiled “propaganda machine” that he claims is supported by …

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New Drilling Rules in Pennsylvania Likely to Affect Oklahoma Firms Drilling in the State

  In a move that will directly affect Oklahoma City’s Chesapeake Energy, Pennsylvania Gov. Tom Wolf struck down efforts to create tougher regulations of the oil and gas drilling industry in the Marcellus Shale region of the state. It’s where Chesapeake has nearly made its home for the past several years, becoming a major player …

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