Entries by Naomi Lemon

Low oil prices could affect Oklahoma’s economy for years to come

Brin Beu | KOCO Tulsa Oil prices are hovering around $9 per barrel Tuesday about 24 hours after they dropped below $0 for the first time in history. The latest price is still dangerously low for Oklahoma’s economy. KOCO 5 spoke with oil and gas and economic experts, who said it’s very likely the state […]

Oil industry workers fear it may be 2021 before recovery is possible

Maureen Wurtz | KTUL Tulsa The oil business accounts for one-third of Oklahoma’s economy. When it’s having a problem, everyone is. If oil prices don’t come back soon, everyone in Oklahoma, no matter where they work, will likely feel the effects of the historic price drop. 2020 has become the year of uncertainty at ACS Steel. […]

Texas postpones vote on oil production cuts

Eunice Bridges | Argus Media Texas regulators postponed a vote on a proposal to cut the state’s oil output by 1mn b/d, saying they want to further explore legal issues. But the Texas Railroad Commission, the top oil and gas regulator in the state, seemed open to some kind of proration plan in conjunction with […]

OEPA Asking The OCC To Curtail Production Of Oil

As you all know, the OEPA recently sent a letter to the Oklahoma Corporation Commission and filed an application for hearing. The hearing date has now been set for May 11th at 9:30am. We are asking that each OEPA member contact the Corporation Commissioners in support of our application filed at the OCC to support President Trump’s efforts […]