Tag: Oil

Canada and the United States have abundent oil supplies

November 7, 2019 Tom Harris Jay Lehr

Within days of the September attack on one of Saudi Arabia’s largest oil fields, fears of rising gasoline prices were relieved when production quickly returned to the new normal. This was largely a result of a 40% increase in U.S. oil supplies in the past three years (3.65 million barrels per day rise since the…

Pinnell trying to lure more fishermen

June 27, 2019

At a news conference at Lake Thunderbird State Park, Oklahoma Lt. Gov. Matt Pinnell announced the launch of the Oklahoma Fishing Trail, a new tourism initiative designed to increase revenue for Oklahoma. “Our goal is to become a top ten tourism state, and the No. 1 fishing state in the nation,” said Pinnell, who is…

Time to roll back the CAFE standards

June 6, 2019 Merrill Matthews

The Trump administration is trying to strike a blow for rational and honest government, so you know it’s getting a lot of pushback. President Trump wants to roll back unattainable Corporate Average Fuel Economy (CAFE) standards imposed by President Obama, and it wants those revised fuel efficiency ratings to apply nationwide, including California. But the…

25 years of cleaning state well sites

May 30, 2019

The Oklahoma Energy Resources Board (OERB) is celebrating the 25th anniversary of its well site cleanup program, which is voluntarily funded by oil and natural gas producers and royalty owners. To date, 17,000 orphaned or abandoned well sites have been cleaned at a cost of $120 million. Oklahoma is the only state in the nation…

Editorial: Democrat hopefuls’ proposals

May 9, 2019

Here are some of the plans of the mainstream candidates running for the Socialist Democrat nomination for president. Forgive all student debt. Make tuition free for all state-supported colleges and universities. Give poor people a monthly allowance. Place a 2 percent wealth tax on anyone worth more than $10 million. Let 16-year-olds vote. Impeach President…

Ethanol is wrong in a number of different ways

March 21, 2019 Peter Roff

Donald Trump didn’t forget he promised Iowa’s corn growers he’d be there for them if they helped send him to Washington. He’s told the U.S. Environmental Protection Agency to start the process of permitting the sale of E15 — a gasoline blend that’s 15 percent ethanol — year-round. Increasing demand for corn-based ethanol is the…

State tax revenue rose by $1,500,000,000 in 2018

January 17, 2019

Dec. up 13.4%, ‘18 up 13.2% State revenues increased by 13.2 percent – more than $1.5 billion – in 2018 compared to 2017, according to new State Treasurer Randy McDaniel. The state took in a little less than $13 billion in taxes in 2018, with $1.1 billion coming in December. December 2018 was $135 million…

Trump’s EPA is rolling back ridiculous car standards

October 11, 2018 Jay Lehr Tom Harris

It began to go wrong in the late 1950s when M. King Hubbert of the U.S. Geological Survey predicted that America would start to run out of oil by the end of the 1960s. His prediction was called Peak Oil, defined as the point at which our nation, and perhaps the world, would use more…

Offshore exploration make sense

October 11, 2018 Bethany Marcum

Several states are preparing to sue the federal government. They’re trying to halt Interior Secretary Ryan Zinke’s planned expansion of offshore oil and natural gas drilling. New York Attorney General Eric Schneiderman, the most vocal opponent of Sec. Zinke’s plan, claims the drilling “threatens our environment and our economy.” He’s wrong on both counts. The…

Offshore drilling is safer

September 20, 2018 Robert L. Bradley, Jr.

Coastal-state politicos are scrambling to block a federal plan to expand offshore oil and natural gas drilling. In June, governors from five East Coast states condemned the initiative. In July, congressmen tried, and failed, to insert an anti-drilling amendment into a spending bill. They claim opening America’s coasts to oil and gas exploration will put…