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OIPA News - At the Capitol

Benge testifies before Congressional caucus

October 22, 2009

House Speaker Chris Benge testified before Congress about his legislative efforts to secure natural gas as a viable transportation alternative fuel option as opposed to foreign oil. Full Story >>

OCC sets furlough dates

July 16, 2009

The Oklahoma Corporation Commission has announced when its offices will be closed and employees placed on unpaid furlough because of funding cuts. Full Story >>

Natural gas impacts state budget

July 15, 2009

Lower natural gas prices are making an impact on Oklahoma's budget, and Treasurer Scott Meacham says a budget shortfall is probable in coming months. Full Story >>

The circus is coming to town

August 19, 2010

Remember those U.S. Senators, the OIPA has identified as swing votes on energy? Well, we're not the only ones who know who they are, and an environmental group is taking a circus-themed show to their hometowns in a three-week anti-oil effort. Full Story >>

Reid pushes energy bill vote to September

August 04, 2010

Senate Democrats have pushed work on their oil spill response bill to September, but even extra time doesn't mean the measure will pass. Full Story >>

Environmentalists use offshore spill to push onshore regulations

July 26, 2010

The Gulf of Mexico oil spill has given environmentalists new hope in pushing for more stringent regulations on oil and gas production in the United States. Full Story >>

OIPA participates in EPA's fracking forum

July 12, 2010

The EPA's first meeting to determine the scope of the agency's study on hydraulic fracturing drew a crowd of 600 in Fort Worth, including OIPA's Angie Burckhalter. Full Story >>

Study: New fracking regs will add $500,000 to cost of well

July 09, 2010

A new study by consulting firms Tudor Pickering Holt and Reservoir Research Partners says new regulations on hydraulic fracturing, either at the state or federal level, would add $500,000 to the cost of every well drilled. Full Story >>

Independence Day highlights nation's energy dependence

July 07, 2010

Thomas J. Pyle, the president of the Institute for Energy Research and the American Energy Alliance, says our nation has celebrated its independence while facing increasing dependence in our energy sector. Full Story >>

Gulf spill put in perspective

June 22, 2010

The Associated Press has put the Gulf oil leak in perspective, pointing out the amount of oil spilled into the Gulf would fill the New Orleans Superdome just one-seventh of the way up. Full Story >>

Tax legislation aimed at independent producers fails in Senate

June 16, 2010

The U.S. Senate has defeated legislation that would have had detrimental affects on Oklahoma’s crude oil and natural gas industry and the state as a whole. Full Story >>

Inhofe shows support for independents on Senate floor

June 15, 2010

Oklahoma's Jim Inhofe showed his support for independent oil and natural gas producers on the Senate floor, defending the use of the expensing of intangible drilling costs and percentage depletion. Full Story >>

Citing Gulf spill, Hinchey said FRAC Act needed

June 03, 2010

New York Congressman Maurice Hinchey continues to beat his hydraulic fracturing drum, this time sending a letter to House Speaker Nancy Pelosi urging her to push for a vote on his FRAC Act. Full Story >>

Natural gas production hits highest level in 30 years

June 01, 2010

The country's natural gas production in March reached its highest level in 30 years the Energy Department has announced. Full Story >>

Pennsylvania eyes severance tax, calls oilfield workers criminals

May 25, 2010

Pennsylvania lawmakers are mulling a severance tax on natural gas production as activity in the Marcellus Shale continues to ramp up. The state needs the money, at least according to the governor's office, to combat the criminals shipped into the state by drilling companies. Full Story >>

Alert the EPA: Wind energy making people sick

March 16, 2010

You know how environmentalists like to say hydraulic fracturing can lead to health problems, even though no one really has any proof? Turns out, folks in Iowa feel the same about wind power. Full Story >>

Thompson defends hydraulic fracturing

March 01, 2010

State Rep. Mike Thompson came to the defense of hydraulic fracturing in an opinion piece in The Oklahoman, saying federal investigations into the commonly-used oilfield technique have been driven by environmental extremists. Full Story >>

Speaker says GPT could stabilize budget

February 24, 2010

How Oklahoma uses proceeds from gross production taxes could be the key to a stable state budget, Speaker of the House Chris Benge said. Full Story >>

Wyoming lawmakers approve wind tax

February 22, 2010

The Wyoming House of Representatives has sent a bill to the Senate that would levy a tax on the state's wind energy production. Full Story >>

Energy company mergers on the rise?

February 18, 2010

Energy company mergers have made headlines in recent months, with Exxon Mobil buying XTO Energy for $31 billion and Total paying $800 million for a share in Chesapeake Energy’s Barnett shale gas holdings. And some analysts say the number of mergers will continue to increase.
Full Story >>

Adelson pushes for repeal of GPT incentives

February 17, 2010

State Senator Tom Adelson came up with a novel way of helping the state overcome it's current economic strife. His idea is to increase taxes on the industry that already accounts for roughly 25 percent of all taxes paid in Oklahoma. Full Story >>

EPA says state fracking regs just fine

February 16, 2010

An EPA director says state regulators are doing a good job overseeing hydraulic fracturing and there's no evidence the process causes water contamination. Full Story >>

Oil and gas prices helping state budget

February 15, 2010

Facing a budget shortfall of historic proportions, Oklahoma lawmakers got some much-needed good news thanks to the oil and natural gas industry. Full Story >>



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