Whether it’s coal, wind or oil and gas, each of the industries in the state has small businesses and those businesses have to deal with a mountain of paperwork as a result of federal regulations. U.S. Sen. James Lankford says it’s time for the federal government to eliminate some of those regulations that he calls …
“The Democrats are handing us a big pile of horsecrap.” Rep. John Bennett, R-Sallisaw. Sallisaw Republican Rep. John Bennett has never been a legislator to mince his words, and in the recent budget bill debate in the House, he was blunt. “The Democrats are handing us a big pile of horse crap. A pessimist …
Those in the legislature worried about the invasion of drones over private property now await the governor’s signature into law of a bill passed in the recently-concluded session. In last week’s final handling in the Senate, members voted 28-17 in support of HB 1326. Senator Lonnie Paxton, a Republican from Tuttle handled questions from others …
The wrap-up of the 2017 session of the Oklahoma legislature resulted in a bitter response from some oil and gas groups who complained that for the third consecutive year, the oil and gas industry will see tax increases. “The oil and natural gas industry is the single largest tax contributor to the state budget, and …
Sonstone Trading LLC of Pratt, Kansas pleaded guilty this week to an oil and gas fraud scheme. Wichita U.S. Attorney Tom Beall said Sonstone Trading LLC pleaded guilty of one count of wire fraud. As part of the plea deal, charges against Sonstone executive David Lawson were dropped by the prosecution. Also as part of …
Even as the Oklahoma House debated and questioned the merits of a $6.8 billion budget bill hours before the sine die adjournment required on Friday, the nagging issue of gross production tax on oil and gas was brought up by Democrats. Mustang Rep. Leslie Osborn presented SB 860, the budget bill and for nearly 90 …
While billionaire Harold Hamm and his Oklahoma City-based Continental Resources have been bashed by Democratic lawmakers in a fight over gross production taxes, his company has revealed the discovery of a STACK well with production of more than 2,100 barrels of oil a day. A completion report, as shown by OK Energy Today indicated the Swaim …
The company said it is also closing two others in the subdivision. “We are confident these wells would be safe to bring back on production at a future date,” said Craig Walters, the company’s vice president for Rockies operations. “However, we recognize the special circumstances and sensitivity around this particular equipment, and therefore, made the …
“If we remain in the agreement, we are putting ourselves at significant litigation risk.” Sen. Jim Inhofe on Paris Climate Agreement. Oklahoma U.S. Sen. Jim Inhofe is urging President Trump to withdraw from the Paris Climate Agreement, saying if he doesn’t, the nation could be dragged into court by environmentalists who want enforcement of …
The Kansas Corporation Commission decided this week not to a petition for reconsideration of its rejection of a merger between Great Plains Energy and Westar Energy. It was April 19 when the KCC denied approval of Kansas City-based Great Plains Energy’s acquisition of Westar Energy, the largest electrical utility in the state. The two firms …