energy

Employee Gene Howell and co-owner Ross Ledbetter at Reeder's Auto and Tire in Midtown Tulsa, Okla.
Joe Wertz / StateImpact Oklahoma

Crashing crude oil prices are fueling big bargains for American motorists, who are driving away with tanks full of inexpensive gasoline. Today, the national average is $1.71 for a gallon of regular unleaded. Oklahoma could be one of the first places in the country to see gas prices dip below $1 a gallon.

A shiny black Mercedes pulls up near a pump, the bell rings and Ross Ledbetter tells the driver to pop the hood.

“It’s showing full,” he shouts. “You have a concern?”

The Devon Energy Center in downtown Oklahoma City.
Brent Fuchs / The Journal Record

About 1,000 Devon Energy employees will lose their jobs in the next few days, with 700 at the company’s headquarters in Oklahoma City learning their fate by Thursday. Field workers will be notified by February 22.

A SandRidge Energy well in northwestern Oklahoma.
Joe Wertz / StateImpact Oklahoma

The Sierra Club filed a federal lawsuit today against three Oklahoma energy companies over earthquakes linked to oil and gas production.

The lawsuit, filed in the U.S. District Court for the Western District in Oklahoma City, accuses Chesapeake Energy, Devon Energy and New Dominion of operating wastewater injection wells that have contributed to a massive spike in earthquakes in Oklahoma and Kansas.

Oklahoma Geological Survey seismologists and representatives from the Corporation Commission lead a public meeting on earthquakes held in March 2015 in Medford, Okla.
Joe Wertz / StateImpact Oklahoma

A former research seismologist with the Oklahoma Geological Survey says agency leaders and other state officials fostered a culture of hesitation and reluctance to act on science suggesting the state’s earthquake boom was linked to oil and gas activities.

Gov. Mary Fallin and Secretary of Energy and Environment Michael Teague at the Governor's Energy Conference September 4, 2014 in Oklahoma CIty.
Joe Wertz / StateImpact Oklahoma

Gov. Mary Fallin on Thursday approved the transfer of nearly $1.4 million from the state emergency fund to strengthen Oklahoma’s earthquake response.

The money is going to a pair of agencies tasked with researching the earthquake surge and regulating the oil and gas activities likely causing it.

Oklahoma Water Resources Board project coordinator Jason Murphy samples water in the frigid Canadian River east of Oklahoma City.
Joe Wertz / StateImpact Oklahoma

Oklahoma's economy runs on oil. The energy industry drives 1 in 5 jobs and is tied to almost every type of tax source, so falling oil prices have rippled into a state budget crisis.

Crude oil prices have dropped more than 70 percent, and that's created problems across government agencies in Oklahoma. Jason Murphy is a project coordinator for the Oklahoma Water Resources Board. He slides on a pair of waders, unspools a sensor probe and splashes into the frigid Canadian River east of Oklahoma City.

Oilfield trucks line up at Overflow Energy's Oakwaood No. 1 disposal well in western Oklahoma.
Joe Wertz / StateImpact Oklahoma

A string of widely felt earthquakes is rattling residents and seismologists, who are warning that parts of Oklahoma could be primed for more severe shaking.

More than 5,700 earthquakes shook the state in 2015 — a record year of seismic activity in Oklahoma. The New Year is off to a shaky start.

A Devon Energy disposal well near Stillwater, Okla.
Joe Wertz / StateImpact Oklahoma

Fourteen Edmond residents filed a lawsuit Monday against a dozen oil and gas companies, “claiming their saltwater disposal wells were in part to blame for earthquakes that hit central Oklahoma in recent weeks,” The Oklahoman‘s Paul Monies reports.

An oil-field truck pulls into a well in north-central Oklahoma.
Joe Wertz / StateImpact Oklahoma

Thirty-six people in Oklahoma have died in crashes “involving trucks hauling oilfield wastewater and equipment” over the last eight years, The Frontier and News9 report.

Provided

State oil and gas authorities are finalizing legal action to force a “financially strapped” Oklahoma energy company to abandon disposal wells suspected of contributing to earthquakes.

Sandridge Energy has been defying directives from the Oklahoma Corporation Commission to shut down six disposal wells in north-central Oklahoma. Commission staff are finalizing a legal filing that, if approved, could modify permits and halt operation of the wells.

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