Oklahoma City’s Blueknight Energy Partners announced over the weekend it had reached a $90 million sales agreement for three of its asphalt terminals in Texas and Tennessee. The agreement was something of an in-house deal and was made with Ergon Asphalt and Emulsions, Inc, a firm that’s buying the terminals in Lubbock and Saginaw, Texas …
Fuel taxes went up in Oklahoma on Sunday for the first time in 31 years to help pay for the teacher pay raise approved by the governor last spring. The gasoline tax rose 3 cents while the tax for diesel fuel went up 6 cents a gallon, leaving the state’s average at $2.59 a gallon, …
You can bet the politicians involved in runoff races to be decided in August will be out campaigning on July 4th—-riding in a convertible in some parade and waving at thousands of potential voters. That or else attending picnics and sharing a slice of cold watermelon. Two of the candidates are Republican Leslie Osborn and …
More tests have discovered further contamination of groundwater at a second site of the abandoned Midwest City Eagle Industries company. City council members in Oklahoma City learned of the discovery in the past week and decided to continue with more testing. The discovery came in a second round of tests after the initial contamination from …
Oklahoma City-based Echo Energy prepares to move 100 workers to the downtown business district as soon as it finishes the 10-story Parkside building it bought in May for nearly $11 million. But it’s still six months away. The company anticipates making the move early in 2019 as work is still underway on the building that …
Oklahoma was one of the few states that saw an increase in oil and gas rigs in the past week. The state’s count grew by 2 to 140 while the national count fell by 5 to reach 1,047. New Mexico was the only state in the surrounding area that saw an increase in rig activity, …
Another earthquake was reported late in the week in west Texas. The U.S. Geological Survey recorded a 2.6 magnitude quake Thursday evening. The epicenter, like one recorded earlier near Balmorhea was close to the surface. The USGS said its depth was about 2.5 miles. The quake about 15 miles from the Pecos county town …
Three of Oklahoma’s major utilities plan to help raise money for the Salvation Army Central Oklahoma by holding their annual Home Energy Aid Pancake Breakfast. Oklahoma Gas and Electric, Oklahoma Natural Gas and Public Service Company of Oklahoma will hold the fundraiser on July 26 in Oklahoma City. It will be held at 1001 N …
Caught in the President’s war on tariffs—some steel makers in Texas and Missouri. Borusan Mannesmann, a firm that manufactures pipes for the oil and gas refineries in Texas said the tariff war will mean it won’t expand and hire more workers this year. It will also cost the company $35 million a year. The firm …
Tulsa-based ONEOK announced it is expanding its natural gas pipeline infrastructure in the Permian Basin and Oklahoma by up to 1.7 billion cubic feet a day. The company said it wants to provide additional natural gas takeaway capacity in two of the nation’s most active production areas. ONEOK’s announcement did not reveal a cost of …