gas and oil production

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The upcoming mid-term elections could help end the ban if Republicans take control of both houses of Congress.
HPPR Economy and Enterprise
auvet/Flickr

The Oklahoma Legislature passed a bill making tax incentives for oil and gas production permanent.

Governor Mary Fallin is expected to sign the controversial legislation, despite threats of a constitutional challenge posed by an Oklahoma City attorney.

JOE WERTZ / STATEIMPACT OKLAHOMA

The Kaiser-Francis Oil Company is like other Oklahoma energy empires in many ways.  It’s been created by entrepreneurs who pulled themselves up by the bootstraps.  It’s ruled by a billionaire CEO who has weather storms of controversy and showers of praise, but the Tulsa-based exploration and production company is different.  It isn’t pushing for oil and gas tax cuts according to a recent article from StateImpact Oklahoma.

kuhf.org

The Texas oil and gas boom is bringing in the money, but it’s also bringing in the scammers.  KUHF News reported the person running the company gathering investors might be a felon, and that's okay with the State of Texas.

Oil and Gas Production: U.S. Leads the World

Oct 9, 2013
EIA

The current domestic drilling boom has brought plenty of jobs, traffic and concerns about pollution and sustainability. It’s also put the U.S. in a position that was unimaginable a decade ago: this year, the U.S. will be the number one producer of oil and gas, according to the federal Energy Information Administration (EIA) according to State Impact Texas.