Energy

Energy
9:49 am
Sun February 9, 2014

Oil, Gas Drilling Seems To Make The Earth Slip And Go Boom

Infrastructure used for oil and gas may be making more earthquakes. In Texas, there 10 times the number of earthquakes now than a few years ago.
Mark Rogers AP

Originally published on Mon February 10, 2014 4:21 pm

There's been a surge in earthquakes in the U.S. over the last few years. In Texas, there are 10 times the number of earthquakes now than just a few years ago.

Scientists say it's likely linked to the boom in oil and gas activity, meaning that people who never felt the ground shake are starting to.

Here's how Pat Jones of Snyder, Texas, describes the earthquake that struck her town in 2010: "It just sounded like some car hit the back of our house. We got up and checked around and we didn't see anything or hear anything else."

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The New And The Next
4:09 pm
Sat February 8, 2014

Blowing Away The Limits Of Convention

Courtesy Ozy.com

Originally published on Sat February 8, 2014 5:34 pm

The online magazine Ozy covers people, places and trends on the horizon. Co-founder Carlos Watson joins All Things Considered regularly to tell us about the site's latest feature stories.

This week, Watson talks with host Arun Rath about a Tunisian inventor with a new design for wind turbines and why HBO's True Detective is so "seductive." They also discuss how Square, a device that enables smartphones and tablets to easily process credit cards, is changing the way people tip.

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StateImpact Oklahoma
1:38 pm
Fri February 7, 2014

What Oklahomans Need To Know About The Escalating Oil And Gas Tax Debate

Crews at work on a Helmerich & Payne drilling rig in western Oklahoma.
Credit Joe Wertz / StateImpact Oklahoma

A tax credit for horizontal drilling expires next year, and, as we’ve reported, the looming deadline has spurred lawmakers to discuss overall changes to Oklahoma’s oil and gas tax policy.

A 7 percent tax is levied on most oil and gas production, but the Legislature in the ’90s created a tax credit for horizontal drilling that reduced those taxes to 1 percent for the first 48 months of production.

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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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