Oklahoma’s governor said a “patchwork” approach to oil and gas regulation wasn’t in the state’s interest, reaffirming a state entity as the sole overseer. Gov. Mary Fallin signed a bill establishing the state’s Corporation Commission as the sole regulator of the oil and gas industry in the state. “The bill aims to preserve a unified regulatory framework for the industry and prevent a confusing patchwork of inconsistent municipal regulations across the state,” her office said in a statement. “A patchwork of regulations that vary across the state would be inconsistent with the goal of reasonable, easily understood regulations and could damage the state’s economy and environment.” Fallin’s signature follows last month’s signing by Texas Gov. Greg Abbott of […]