oil

StateImpact Oklahoma
12:12 pm
Thu January 22, 2015

As Authorities Use Permit Process to Scrutinize Wells, Oil Industry Remains Silent

Oil-field workers in November 2014 tending to American Energy-Woodford's Judge South well near Perkins, Okla., shortly after the Oklahoma Corporation Commission ordered it temporarily shut-in.
Joe Wertz / StateImpact Oklahoma

As earthquakes continue to rattle Oklahoma and scientists study links to oil and gas production, many Oklahomans want to know what, if anything, is being done to address the shaking.

An investigation by StateImpact shows that while authorities are quietly scrutinizing wells in quake-prone parts of the state, most of the companies that operate the wells are staying silent.

Marla’s Salon looks like a little house. It has a fence and a yard and a collie keeping watch at the door. Inside, the owner, Marla Stevens, snips and blow-dries. There’s buzzing in the salon, too, including clatter from hair clippers and chatter about earthquakes.

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Headlines
8:24 am
Thu January 22, 2015

Headlines: Texas Pollution, La Luna & Teacher Emergency

Headlines for Thursday, January 22, 2015:

  • Pollution from Texas is invading our airspace and covering a protected southwest mountain range. (Oklahoma Gazette)

  • A popular downtown Mexican restaurant is closing its doors forever. (Journal Record)

  • Oklahoma stands ready in the event of an Ebola outbreak. (NewsOK)

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Headlines
8:35 am
Wed January 21, 2015

Headlines: SDE Firings, Oklahoma Health & State of the Union Reactions

Headlines for Wednesday, January 21, 2015:

  • Oklahoma’s new superintendent fires three more staff members who worked under Janet Barresi. (NewsOK)

  • The future of high stakes testing in Oklahoma belongs to parents. (Tulsa World)

  • The leader of the state Senate admits Oklahoma’s teachers are underpaid. (NewsOK)

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Business
7:58 am
Tue January 20, 2015

U.S. Should End Its Export Ban On Crude Oil, Study Says

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Economy
7:41 am
Sat January 17, 2015

Falling Oil Prices: Good For Drivers, Bad For Banks

Originally published on Sat January 17, 2015 11:57 am

Copyright 2015 NPR. To see more, visit http://www.npr.org/.

Transcript

SCOTT SIMON, HOST:

This is WEEKEND EDITION from NPR News. I'm Scott Simon.

JOSEPH JEAN-BAPTISTE: I'm Joseph Jean-Baptiste from Miami, Florida. Gas prices have been beautiful. I've been putting Supreme - 93 - because prices are so low.

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Economy
3:34 am
Tue January 13, 2015

'Kings When It's Good': Oklahoma Braces For Possible Crude Crash

An oil and gas facility in Roger Mills County in far-western Oklahoma. The governor is warning state agencies that low oil prices could stall the state economy.
Joe Wertz StateImpact Oklahoma

Originally published on Tue January 13, 2015 12:26 pm

The sign on the front door of Pecan Creek Catering in New Cordell, Okla., may say closed, but this kitchen is open for business. It used to be a cafe, but owner Chad Igo closed the restaurant years ago to focus on catering exclusively to the oil industry.

"We're kings when it's good. They love us. But as soon as it gets tight, we're the first one to get cut," he says.

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Local News
8:34 am
Fri January 9, 2015

Headlines: Oologah School Closed Again, Flu Deaths & Education Rally

Headlines for Friday, January 9, 2015:

  • Officials with the northeast Oklahoma school district in Oologah are cancelling classes for a second straight day awaiting word on what killed a six-year-old student. (Tulsa World)

  • A delayed earnings report from SandRidge Energy shows earnings up, bur revenue down. (Journal Record)

  • The number of deaths from the flu jumps significantly. (NewsOK)

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StateImpact Oklahoma
10:34 am
Thu January 8, 2015

Oil-field Workers and Economists in Oklahoma Hope Crashing Crude Prices are a Blip, Not a Bust

Chad Igo owns Pecan Creek Catering in New Cordell, Okla., which delievers food to workers in the oil patch.
Joe Wertz / StateImpact Oklahoma

The sign on the front door says “closed,” but Pecan Creek Catering in New Cordell, Okla., is open for business. Out back, a tractor-trailer is being unloaded. Giant cans of green beans, tomatoes and mushrooms are hauled inside, where they’re sorted and stacked on metal shelves.

In the kitchen, Jennifer Etris pours a carton of buttermilk into a giant bowl and stirs.

“I cheat,” she says. “I use two of these ranch dressing mixes instead of one. It is known all over the world, my ranch dressing.”

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Local News
8:24 am
Thu January 8, 2015

Headlines: Oil Prices, Garth Brooks & Elvis at 80

Headlines for Thursday, January 8, 2015:

  • State officials are keeping a close eye on oil prices. (Journal Record)
     
  • Oklahoma’s newest Congressman is already finding himself defending a vote he made in Washington. (NewsOK)

  • A new report puts Oklahoma near the bottom in states for educational outcomes. (Oklahoma Watch)

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StateImpact Oklahoma
8:19 am
Thu December 18, 2014

Tax Cuts Coming for Oklahoma

Governor Mary Fallin and other state leaders watch a PowerPoint presentation of state revenue projections.
Joe Wertz / StateImpact Oklahoma

The State of Oklahoma has enough revenue to trigger an income tax cut, finance officials said Wednesday.

As StateImpact’s Joe Wertz reports, the amount of money available to fund state government is trending flat, but officials say lackluster revenues seem manageable.

About 1.7 million Oklahoma taxpayers pay the top income tax rate, which will drop a quarter point — from 5.25% to 5% — in 2016.

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