oil

StateImpact Oklahoma
6:12 pm
Thu May 28, 2015

Plug-Back or Prove It: Oklahoma’s Anti-Earthquake Orders in Action

Oil-field workers use sledgehammers to unstick a pipe at the George saltwater disposal well near Wakita in northwestern Oklahoma.
Joe Wertz / StateImpact Oklahoma

Two burly ben armed with sledgehammers take turns bashing a khaki-colored steel flange fastened to a pipe in the middle of a soggy, gravely lot near Wakita in northwestern Oklahoma.

The tangle of valves and fittings, called the Christmas tree, has to come off before Jay Storm’s crew can start their work in earnest.

“Everything is a little seized up this morning, so we’re having to manually try to get a couple different components separated by hand,” says Storm, completions supervisor for Tulsa-based Eagle Energy Exploration.

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1:04 pm
Wed May 27, 2015

Aubrey McClendon: Fracking's Cowboy Rides Again

Forbes reports on former Chesapeake CEO Aubrey McClendon and his new company after his ouster, and how he may already be in trouble.
America's wildest wildcatter, Aubrey McClendon, found new life - and new billions - after his spectacular plunge from the top of the oil game. Trouble has already come calling. In early 2013, during his last days as CEO of Chesapeake Energy , Aubrey McClendon was one busy guy.
3:33 pm
Sat May 23, 2015

Pickens: ‘They’re not even earthquakes’

Frontier reports on T. Boone Pickens' comments on the link between fracking and the increase in earthquakes in Oklahoma.
OKLAHOMA CITY - In the face of volumes of contrary evidence, billionaire oilman T. Boone Pickens said Friday that Oklahoma's increase in earthquakes isn't due to the energy industry, just to better monitoring.
Law
8:17 pm
Wed May 20, 2015

New Texas Law Makes Local Fracking Bans Illegal

Originally published on Fri May 22, 2015 3:08 pm

Legislation was signed by Republican Gov. Greg Abbott after the city of Denton voted to restrict fracking. Denton officials say oil companies should not wield more power than citizens.

Editor's Note: Sharon Wilson, an organizer interviewed in this story, began advocating for fracking reform in Denton in 2009 as an unpaid citizen leader. In 2011, she was hired as a full-time organizer by the environmental group Earthworks to continue her anti-fracking work in Denton.

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4:55 pm
Fri May 15, 2015

Oil CEO Wanted University Quake Scientists Dismissed: Dean's E-Mail

Bloomberg Business reports that Harold Hamm, the billionaire CEO of Continental Resources, told a dean at the University of Oklahoma that he wanted earthquake researchers dismissed.
Oil tycoon Harold Hamm told a University of Oklahoma dean last year that he wanted certain scientists there dismissed who were studying links between oil and gas activity and the state's nearly 400-fold increase in earthquakes, according to the dean's e-mail recounting the conversation.
3:33 pm
Wed May 13, 2015

10 members of Congress Took Trip Secretly Funded by Foreign Government

The Washington Post reports 10 members of Congress, including Oklahoma Representative Jim Bridenstine, took an all-expenses-paid trip to a conference in Baku, on the Caspian Sea, in 2013. The trip was secretly funded by the state-owned oil company of Azerbaijan.
The state-owned oil company of Azerbaijan secretly funded an all-expenses-paid trip to a conference in Baku, on the Caspian Sea, in 2013 for 10 members of Congress and 32 staff members, according to a confidential ethics report obtained by The Washington Post. Three former top aides to President Obama appeared as speakers at the event.
Business
5:16 pm
Fri May 8, 2015

Oil Companies Look To Fill Employment Gap With More Women

After completing training in 2013, Claire Kerstetter now works as a fluid technician on fracking jobs.
Jeff Brady NPR

Originally published on Fri May 8, 2015 10:38 pm

Look at the oil business and you'll notice it's mostly men. That's a problem for an industry that needs legions of new workers to replace retirees in coming years.

The industry hasn't always treated women fairly, but now it needs them.

The oil business just 30 years ago was a lonely place for the few women who chose to work in it. Rayola Dougher, senior economic adviser at the American Petroleum Institute, says attending industry conferences made that clear.

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9:03 am
Fri May 8, 2015

T. Boone Pickens Likes Oil, Jeb Bush

Fortune has a short news item about T. Boone Pickens, his thoughts on the current state of oil prices, and who he's backing in 2016.
T. Boone Pickens, the oil tycoon, has a very different weekend routine that you do. Last weekend, he fracked an oil well on his ranch. "I fracked a well on my ranch last weekend," said Pickens, in response to the question of whether he thought the controversial process of hydraulic fracturing, which has dramatically boosted U.S.
Energy
6:03 pm
Wed May 6, 2015

Oil Prices Are Rising Again, But Will They Keep Going Up?

Oil pump jacks in Williston, N.D., in December. Oil prices have been on the rise, but some analysts say the global economic slowdown, fracking and the rise of alternative energy will mean less demand and lower prices.
Eric Gay AP

Originally published on Wed May 6, 2015 7:55 pm

Oil prices hit a new high for the year Wednesday — closing at just under $61 a barrel. They've been rallying for a month, but nobody's predicting $4-per-gallon gasoline anytime soon. And some analysts say weak demand will send oil prices down again.

The recent rise follows an historic drop in prices, which were as low as about $45 a barrel less than two months ago.

So to understand what's going on now, let's look at what sent prices tumbling in the first place

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Environment
9:15 pm
Wed April 22, 2015

PBS Newshour: Oklahoma Links Earthquakes To Oil And Gas Industry Wastewater

The Oklahoma Geological Survey said Tuesday it is "very likely" that most of the state's recent earthquakes were triggered by the subsurface injection of wastewater from oil and natural gas drilling operations.

StateImpact Oklahoma's Joe Wertz appeared on the PBS News Hour with Gwen Ifill tonight to talk about the connection.

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