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The Alaska Permanent Fund, which distributes money to Alaska residents annually, could be a model. Challenges include funding sources, legislative hurdles, and state-owned natural resources.
Samuel Lloyd Noble, known as Lloyd Noble (30 November 1896 in Ardmore, Oklahoma – 14 February 1950 in Houston, Texas), was an oilman and philanthropist, founder of the Noble Corporation and the Samuel Roberts Noble Foundation. [1] He attended Southeastern Normal College in Durant, Oklahoma and the University of Oklahoma. [2]
The discovery of the Glenn Pool Oil Reserve in 1905 brought the first major oil pipelines into Oklahoma, and instigated the first large scale oil boom in the state. Located near what was—at the time—the small town of Tulsa, Oklahoma, the resultant establishment of the oil fields in the area contributed greatly to the early growth and success of the city, as Tulsa became the petroleum and ...
From its initial principal of $734,000, the fund has grown to $40 billion as a result of oil royalties and capital investment programs. [27] Starting in 1982, dividends from the fund's annual growth have been paid out each year to eligible Alaskans, ranging from $331.29 in 1984 to $3,269.00 in 2008 (which included a one-time $1200 "Resource ...
The project could produce an estimated 600 million barrels of crude oil over 30 years. Burning that oil would release roughly 280 million metric tons of carbon dioxide.
Kaiser-Francis Oil Co. was created in the 1940s by Kaiser's uncle and parents, Jewish [7] [8] refugees from Nazi Germany who settled in Oklahoma. [ 9 ] [ 10 ] George's father, Herman George Kaiser , had been an attorney in the district of the Kammergericht in Berlin until 1933, when he was dismissed by the Nazis because he was Jewish.
Jenny Rowland-Shea, the director for public lands at the left-leaning Center for American Progress, said another concern was a leak last year of 7.2 million cubic feet of natural gas at ...
In 1903, when Jean was 10 years old, his father traveled to Bartlesville, Oklahoma and bought the mineral rights for 1,100 acres of land. The Getty family then moved to Bartlesville, where J. Paul Getty attended the Garfield School. Within a few years Getty had established wells on the land which produced 100,000 barrels of crude oil a month.