oil drilling

Earthquakes and the Oil and Gas Industry
8:54 am
Fri June 27, 2014

StateImpact: After Earthquakes, Oklahomans Call for Accountability, Oil and Gas Regulation

A seismic hazard map of Oklahoma
Credit U.S. Geological Survey / http://earthquake.usgs.gov/earthquakes/

  Oklahoma has been rattled by a surge of earthquakes, which many scientists say is likely linked to oil and gas drilling. On Thursday night, residents packed a contentious town hall meeting to demand answers from public officials. Joe Wertz from StateImpact Oklahoma reports.

There was booing and shouts for regulators to impose a moratorium on the oil and gas disposal wells. Local resident Ester D. Blaine said she had to take all the pictures off her walls. She says citizens and scientists don’t stand a chance against Oklahoma’s oil and gas industry.

Read more
Oil and Natural Gas Drilling Incentives
9:44 am
Thu June 5, 2014

Legal Challenge to New Drilling Incentive Could Raise Big Constitutional Questions

A legal challenge to a recently signed bill authored by Republican House Speaker Jeff Hickman could have wide-ranging effects.
Credit Joe Wertz / StateImpact Oklahoma

A controversial bill setting the effective tax rate on new oil and gas wells was one of the capstones of the 2014 legislative session.

Read more
StateImpact Oklahoma
12:46 pm
Fri May 30, 2014

StateImpact on OETA: Possible Lawsuit Over Recently Signed Drilling Incentive

I was on Oklahoma News Report last week to discuss the controversial tax incentive for oil and gas drilling, which Gov. Mary Fallin signed on May 28.

Read more
Legislature and Environment
9:46 am
Thu May 29, 2014

What Became of the Bills StateImpact Was Watching This Legislative Session?

The Oklahoma Senate
Credit Becky McCray / Flickr

 

From the start of the legislative session on February 3rd, StateImpact Oklahoma had its eye on what was sure to be a heated issue: the coming expiration of a tax credit for horizontally drilled oil and gas wells. Without action, rates would go from one-percent for the first four years of a well’s life, back to 7 percent.

Read more
Oil & Gas Tax Incentives
9:34 am
Thu May 29, 2014

Gov. Mary Fallin Signs Controversial Tax Incentive for New Oil and Gas Wells

Crews working on a drilling rig in western Oklahoma.
Credit Joe Wertz / StateImpact Oklahoma

Gov. Mary Fallin on Wednesday signed a bill that makes permanent a generous tax incentive for new oil and gas drilling.

Read more
Politics
10:29 am
Sat April 3, 2010

Offshore Drilling's Payoff May Not Be Energy

Transcript

SCOTT SIMON, host:

This week, President Obama ended a ban on oil and gas drilling along some parts of the U.S. Atlantic coast and northern Alaska. The president's decision has staggered some of his own environmental supporters, but others say the decision is necessary to help decrease U.S. dependence on foreign oil or win bipartisan support for an energy and climate change bill.

Read more