Oklahoma Cities, Counties Navigate Uncertainty of New Oil and Gas Law - Oklahoma Watch

Cities and counties in Oklahoma are getting conflicting information about whether a new law forbidding the state from doing business with banks perceived as hostile to oil and gas applies to their pension funds, bond sales or bank loans. The uncertainty has frozen a project in Stillwater and led to discussions about taking unilateral action against banks on a list of restricted financial companies at the retirement system for Tulsa County. State Treasurer Todd Russ released the list of banned companies in early May. The 13 companies include BlackRock Inc.,...