It’s an office that gets little publicity but can have a big impact on the energy industry in Oklahoma. It’s the race for the Oklahoma Labor Commissioner and this week, GOP hopeful Cathy Costello won the endorsement of U.S. Sen. Ted Cruz of Texas. It’s considered a major endorsement since Cruz won Oklahoma’s GOP Presidential …
The Oklahoma Corporation Commission has on its Wednesday agenda a possible vote on whether to approve millions of dollars in tax savings for Public Service Company of Oklahoma. It was back in late June when an Administrative Law Judge recommended the Commission approve tax savings that will result in reduce rates for PSO customers. It …
Gasoline prices jumped slightly nationally and in Oklahoma in the past week, reaching a statewide average of $2.62 a gallon while nationally, prices averaged $2.86 a gallon. AAA Oklahoma reports the national average rose 2 cents in the past week while prices in Oklahoma went up about the same. Lawton continued with the lowest metro …
As Williams Partners enters the northern Colorado distribution system, it is also bailing out of the Four Corners Area, selling its assets for $1.125 billion to Harvest Midstream Company of Houston. The system encompasses more than 3,700 miles of pipeline, two gas processing plants, and one CO2 treating facility in the counties of San Juan and …
In a newly-formed joint venture with Tulsa’s Williams Cos., KKR announced Monday it’s entered into an agreement to make a $1.2 billion purchase of Discovery Midstream from TPG Growth. Founded 3 years ago and based in Dallas, Discovery operates in the southern part of Colorado’s Denver-Julesburg Basin and its operations are located in more than …
A lightning strike destroyed a tank battery made up of 8 tanks over the weekend near the small town of Carrier in Garfield county as thunderstorms moved across northern Oklahoma. No injuries were reported but the fire sent a massive column of smoke into the air early Sunday morning, according to Mike Honigsberg Sr., Director …
Alliance Resource Partners, L.P. headquartered in Tulsa has declared a 52-cent cash distribution for shareholders. The Board of Directors of the firm’s general partner signed off on the increased distribution to its unitholders for the quarter ended June 30, 2018. It figures to be an annualized rate of $2.08 per unit and will be …
Blueknight Energy Partners, L.P. plans to release its second quarter 2018 financial results tomorrow after the close of markets. Headquartered in Oklahoma City, the company will hold a conference call Thursday at 10:30 a.m. central time to discuss the results for the three and six months ended June 30, 2018. Net income from its …
The latest polling on the Oklahoma Labor Commissioner race shows Cathy Costello with a commanding 10% lead over her primary runoff opponent, Rep. Leslie Bennett. The survey was conducted last week by Sooner Poll and News 9 among 483 registered Republican voters. “We found Cathy Costello’s platform of conservative values and limited government …
With the wind out of its sails at the hands of a Texas regulatory body, Public Service Company of Oklahoma has dropped plans to develop a $4.5 billion dollar Wind Catcher wind farm in the Oklahoma Panhandle. It would have been the largest wind farm to be constructed in the U.S. Considering the magnitude of …