Top Stories

  • 11 Senate Democrats favor Keystone XL pipeline

    By MATTHEW DALY, Associated Press | Published: Fri, Apr 11, 2014

    The five-year review of the Canada-to-Texas pipeline has been “exhaustive in its time, breadth and scope” and has taken longer than reasonably justified, the senators wrote to President Barack Obama.

  • U.S. reports oil reserves highest since 1976

    By The Associated Press | Published: Fri, Apr 11, 2014

    The report says reserves grew 4.5 billion barrels, or 15 percent, to 33 billion barrels in 2012.

  • U.S. natural gas moving globally

    By Adam Wilmoth, Energy Editor | Published: Fri, Apr 11, 2014

    Speakers at the OU Energy Symposium on Thursday discussed how the growing demand for domestic liquefied natural gas exports likely will affect the economies both inside and outside the country.

  • Oklahoma energy briefs for April 11, 2014

    Updated: Thu, Apr 10, 2014

    Oklahoma energy briefs for April 11, 2014

  • Gasoline prices in Arizona at $3.42 per gallon

    Updated: Thu, Apr 10, 2014

    PHOENIX (AP) — Gasoline prices around Arizona are higher again at the pump this week. Officials with Triple-A Arizona said Thursday that the average statewide price for unleaded regular gasoline is $3.42 a gallon. That's up by more than 2 cents from last week. This week's national average is at $3.61 per gallon, an increase of nearly a nickel from last week. Tucson has Arizona's lowest average gasoline price at $3.32 a gallon and Flagstaff has the highest at $3.55. Montana has the lowest average gas prices in the continental U.S. at $3.30 a gallon with California having the highest at $4.06 a gallon.

  • Oil-by-rail terminal proposed for Washington state

    Updated: Thu, Apr 10, 2014

    SEATTLE (AP) — U.S. Development Group is seeking permits to build an oil terminal on the Washington coast that could handle about 45,000 barrels of crude oil a day. The $80 million proposal at the Port of Grays Harbor is one of several in Washington that together would bring millions of barrels of oil by train from the Bakken region of North Dakota and Montana. The increase in oil shipments by rail have raised concerns about public safety, the potential for oil spills and the ability of local communities to respond to accidents. About 17 million barrels of oil were shipped across Washington state last year — mostly to refineries in Anacortes and Cherry Point near Bellingham. That number is expected to triple this ye

  • Oil slips on weak China trade data

    Updated: Thu, Apr 10, 2014

    The price of oil fell slightly Thursday after China reported weak monthly trade data. Benchmark crude for May delivery fell 20 cents to $103.40 on the New York Mercantile Exchange. That followed gains totaling $3.16 a barrel on Monday and Tuesday. Brent crude, a benchmark for international oil prices, slipped 52 cents to $107.46 a barrel on the ICE Futures exchange in London. Oil prices fell as Chinese trade numbers showed that exports contracted unexpectedly in March, shrinking by 6.6 percent from a year earlier while imports contracted 11.3 percent. Chinese imports of crude oil were also the lowest in five months, totaling 5.54 million barrels in March.

  • Mining deaths up in 2013, injuries down

    Updated: Thu, Apr 10, 2014

    ARLINGTON, Va. (AP) — Federal mine safety officials say the number of mining deaths in the nation totaled 42 in 2013, up six from the previous year. The preliminary numbers were released Thursday by the Mine Safety and Health Administration. It reports that the 20 coal mining deaths last year were unchanged from 2012, but deaths at other mining operations were up by six, to 22. The 2013 deaths were driven by 15 mining fatalities in the fourth quarter of the year. The overall injury rate dipped to a historic low. The agency says mining death and injury rates have been on a downward trend. Record lows in both categories were marked in 2011, and dipped further in 2012. Inspectors issued 118,759 citations and orders

  • IKEA buying Illinois wind-energy project

    Updated: Thu, Apr 10, 2014

    CHAMPAIGN, Ill. (AP) — The U.S. subsidiary of Swedish furniture retailer IKEA announced Thursday that it is buying a long-planned wind-energy project in eastern Illinois as part of the company's initiative to offset its energy use with renewable energy generation. And IKEA insists the project, which has not yet been built, is more than public relations. The company believes that, long term, wind energy will help the company's bottom line, Chief Financial Officer Rob Olson said. But right now wind power is a struggling business. Cheap natural gas and the end of a federal tax break for wind-power producers have left wind generation unprofitable.

  • North Dakota rules target oilfield waste dumping

    Updated: Thu, Apr 10, 2014

    BISMARCK, N.D. (AP) — North Dakota's oil industry is backing new rules intended to crack down on the illegal dumping of radioactive oil filter socks, the tubular nets that strain liquids during the oil production process. "Our members have committed to protecting our resources," said Kari Cutting, vice president of the North Dakota Petroleum Council, which represents more than 500 companies working in the state's oil patch. "The industry wants to see an end to illegal dumping, too." Beginning June 1, drillers will be required to dispose of filter socks in covered, leak-proof containers on site, according to the state Department of Mineral Resources. The containers must then be collected by a licensed waste hauler and dispo

  • Oil industry rallies at Oklahoma state Capitol

    BY JAY F. MARKS, Business Writer | Published: Thu, Apr 10, 2014

    The Oklahoma Independent Petroleum Association staged a Rally for the Rigs on Wednesday at the state Capitol to lobby for the industry.

  • Oil and gas prices for April 10

    Published: Thu, Apr 10, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $100 Oklahoma Sour: Sunoco Inc. — $88 Oklahoma oil and gas drilling activity posted March 21: COMPLETION Alfalfa: Chesapeake Operating Inc.; Pronghorn 4-26-11 No. 1H Well; N1/2 N1/2 NW1/4 NW1/4 (SL) of 04-26N-11W; 103 barrels oil per day, 740,000 cu-ft gas per day; TD 10,196. Carter: Citation Oil & Gas Corp.; Wildcat Jim Unit No. 17A Well; SW1/4 NW1/4 SW1/4 NE1/4 of 08-02S-02W; 7 barrels oil per day; TD 3,075. Cleveland: Arrowhead Energy Inc.; Bowling No. 1-16 Well; E1/2 W1/2 NW1/4 SE1/4 of 16-09N-01E; 20 barrels oil per day; TD 5,955. Creek: Pantera Energy Co.;

  • Feds say oil trains should have two-man crews

    By JOAN LOWY, Associated Press | Published: Wed, Apr 9, 2014

    Responding to a series of fiery train derailments, federal regulators said Wednesday they will propose that trains transporting crude oil have at least two-man crews and requirements aimed at preventing parked train cars from coming loose and causing accidents like one in July that killed 47 people.

  • Historic IPOs for OKC companies

    By Brianna Bailey, Business Writer | Updated: Wed, Apr 9, 2014

    When Paycom Software Inc. and Enable Midstream Partners LP issue stock on Friday, it will be the first time two Oklahoma City-based companies will have gone public on the same day.

  • Chesapeake CEO touts company's speed, core assets

    By Paul Monies, Business Writer | Updated: Wed, Apr 9, 2014

    Doug Lawler, Chesapeake Energy Corp.’s CEO, spoke before the Rotary Club of Oklahoma City, discussing the company’s financial strategy and the changes it’s made since he took over in June.

  • Oklahoma City gets its first LNG station

    By Jay F. Marks, Business Writer | Updated: Wed, Apr 9, 2014

    Clean Energy opened its first liquefied natural gas-fueling station in Oklahoma last week to help encourage trucking companies to switch to the cheaper, cleaner fuel.

  • Conservative, environmental groups blast solar surcharge bill in Oklahoma

    Paul Monies | Updated: Wed, Apr 9, 2014

    They aren’t exactly teaming up, but an unlikely coalition of conservative groups, solar advocates and environmentalists are fighting a solar surcharge bill that could be up for a vote today in the Oklahoma House of Representatives.

  • Summer gasoline prices are expected to be slightly lower

    By Adam Wilmoth, Energy Editor | Updated: Tue, Apr 8, 2014

    Consumers likely will get a bit of a break this summer as gasoline prices are expected to average slightly less than last year, according to a report released Tuesday by the U.S. Energy Information Administration.

  • Scientists, oil industry still probing earthquake link

    BY PAUL MONIES, ADAM WILMOTH and JAY F. MARKS | Updated: Tue, Apr 8, 2014

    NewsOK energy reporters chatted with readers Tuesday morning about the oil industry and earthquakes. Read the complete chat transcript below.

  • Oil and gas, livestock prices for April 8

    Published: Tue, Apr 8, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $97 Oklahoma Sour: Sunoco Inc. — $85 Oklahoma oil and gas drilling activity posted March 19: COMPLETION Alfalfa: Anadarko Minerals Inc.; Gwinn-Summers Unit No. 1 Well; SE/4 SW/4 of 05-23N-10W; 4 barrels oil per day, 4,000 cu-ft gas per day; TD 7,305. Creek: Covington Oil Co. Inc.; Reeves No. 1-21 Well; W/2 W/2 NE/4 NW/4 of 21-15N-07E; 140,000 cu-ft gas per day; TD 2,950. Slavens II Paul R; Marcus McGuire No. 7 Well; NE/4 NW/4 NE/4 SE/4 of 01-18N-11E; 6 barrels oil per day; TD 2,096. Slavens II Paul R; Sallie Lee-Taneha No. 746 Well; NE/4 SW/4 SE/4 SE/4 of 01-18N-11E; 2