Energy

Tax Cuts
2:17 pm
Thu February 6, 2014

Oklahoma City Republican Proposes Drilling Tax Fix

Credit Meredithw / Flickr Creative Commons

A Republican House member from Oklahoma City is proposing an adjustment to the state's tax on oil and natural gas production that would benefit companies that hire Oklahoma workers.

Rep. David Dank proposed a compromise on Thursday that would set the gross production tax rate for all oil and gas wells between 2 percent and 6 percent, depending on how many full-time workers each producer employs in Oklahoma.

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StateImpact Oklahoma
8:17 am
Thu February 6, 2014

Mining Companies Might Find It’s Not Impossible To Raise Taxes In Oklahoma

Piles of crushed limestone along railroad tracks near Mill Creek, Okla.
Credit Logan Layden / StateImpact Oklahoma

Last week, StateImpact reported on what the passage of State Question 640 in 1992 did to tax policy in Oklahoma.

“You need to have a supermajority in the House and the Senate and the governor has to sign it,” Alexander Holmes, a Regent’s Professor of Economics at the University of Oklahoma, said. “I’m still betting that if you reduce the taxes, you can never make them go up again.”

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StateImpact Oklahoma
2:25 pm
Tue February 4, 2014

Wind Energy Construction Boom Fueled By Threat Of Expiring Federal Tax Credit

Windmills near Weatherford, Okla.
Credit Wesley Fryer / Flickr Creative Commons

The looming Dec. 31 expiration of the federal production tax credit for renewable energy helped drive a last-minute rush to start construction on wind energy projects around the country and in Oklahoma.

Developers had to start construction by 2013 to qualify, The Oklahoman‘s Paul Monies reports, “but the wind industry fears another bust if the credit isn’t renewed.”

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StateImpact Oklahoma
1:11 pm
Tue February 4, 2014

Propane Crisis Prompts Oklahoma Dems To Ask Fallin For Relief From Rainy Day Fund

Credit zen / Flickr Creative Commons

For the 400,000 or so Oklahomans who rely on propane for home heating and food preparation, it’s been a rough few weeks.

Propane prices are skyrocketing — from a nationwide average of $2.76 in late December to more than $4 as of Friday, January 31.

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Energy
6:53 am
Sun February 2, 2014

Oil Train Derailments Spur Calls For Safety Measures

Originally published on Mon February 3, 2014 1:24 pm

Transcript

RACHEL MARTIN, HOST:

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Energy
4:17 pm
Sat February 1, 2014

How The U.S. Oil Boom Is Changing The Industry's Landscape

Originally published on Mon February 3, 2014 9:02 am

Transcript

ARUN RATH, HOST:

It's ALL THINGS CONSIDERED from NPR West. I'm Arun Rath.

There is an oil rush in North Dakota right now. That state is pumping out 10 times the crude oil it did just 10 years ago. Fortunes are being made and once-sleepy towns are now bursting at the seams. This week, NPR is exploring how this oil-drilling boom is changing North Dakota.

NPR's Jeff Brady is one of the reporters working on the series, and he joins me. Jeff, why is this rush for oil happening in North Dakota?

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Energy
2:25 pm
Sat February 1, 2014

'A Global Bathtub': Rethinking The U.S. Oil Export Ban

A pipeline carries oil at the federal Strategic Petroleum Reserve facility near Beaumont, Texas. U.S. oil companies are urging an end to a 1970s-era ban on oil exports.
Joe Raedle Getty Images

Originally published on Mon February 3, 2014 9:00 am

When oil supplies ran short and gasoline prices spiked four decades ago, angry drivers demanded relief. Congress responded in 1975 by banning most exports of U.S. crude oil.

Today, domestic oil production is booming, prompting U.S. energy companies to call for a resumption of exporting. Many economists agree.

But would that bring back the bad old days of shortages? Would you end up paying more at the pump?

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7:53 am
Fri January 31, 2014

Keystone Report Said Likely To Disappoint Foes On Climate

Lead in text: 
Bloomberg News reports the State Department's document on the pipeline will "likely disappoint" opponents of the Keystone XL. Several people familiar with the report have told Bloomberg News the study will say that the pipeline will have only a minimal affect on carbon emissions. President Obama has said he would take the report's conclusion on the Keystone XL's impact on climate change while deciding whether to allow construction. Once the State Department is released, it kicks off another review for the President focused on whether the pipeline is in the U-S national interest.
The U.S. State Department is preparing a report that will probably disappoint environmentalists and opponents of the Keystone pipeline, according to people who have been briefed on the draft of the document.
The Great Plains Oil Rush
1:59 am
Fri January 31, 2014

Commuting To Distant Oil Fields: Good Money, At A Price

The small streets of Williston, N.D., are bustling with trucks early in the morning.
Annie Flanagan for NPR

Originally published on Fri January 31, 2014 12:26 pm

Think your commute is bad? Try 580 miles, one-way.

Door to door, that's how far Rory Richardson travels between his home in western Montana and his job on the oil fields near Williston, N.D. Often, he makes the trip on a plane his company charters to shuttle workers between here and the Northwest.

"It's no fun coming over to North Dakota," he says, clutching a duffel bag and a cooler of food as he walks out of Williston's one-room airport and into the biting North Dakota winter.

But this is Richardson's new life.

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The Great Plains Oil Rush
5:18 pm
Thu January 30, 2014

One Montana Town Finds Itself Buckling Beneath The Oil Boom

Originally published on Fri January 31, 2014 8:28 am

Transcript

ROBERT SIEGEL, HOST:

The economy of eastern Montana is surging and oil and gas development is the driver. Last year alone, the oil industry brought in $200 million in tax revenue to state and local governments. Unemployment in counties near the oil fields is well below the state average. This week, we're reporting on effects of the fracking boom in the region known as the Bakken. And today, Montana Public Radio's Dan Boyce tells us that that activity comes with a cost.

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