Tulsa-based SemGroup Corporation has announced a $2 billion acquisition of one of the largest oil terminals in the U.S. The company executed an agreement to buy Houston Fuel Oil Terminal Company from investment funds managed by Alinda Capital Partners. It’s a purchase that establishes SemGroup in the premier energy market—-the Houston Ship Channel. The terminal …
Things were so bumpy Tuesday for EPA Administrator Scott Pruitt during an interview on MSNBC’s “Morning Joe” program, you couldn’t blame him to still be smarting over the appearance. He was repeatedly interrupted by the hosts including Joe Scarborough who demanded a ‘yes or no’ answer from Pruitt to the question whether he had discussed …
Oklahoma City’s Devon Energy and Chesapeake Energy are among those firms credited with turning Wyoming’s Powder River Basin into the revitalized oil and gas region it is today. It’s a region that is seeing a revival in drilling operations. As Bloomberg News reported this week, the region will get $600 million in new wells from Chesapeake, …
The states of Colorado, Utah and Wyoming are putting up a fight over those federal government fracking practices the Obama administration launched on federal and tribal lands. In a filing this week in the U.S. 10th Circuit Court of Appeals, the states argued the Bureau of Land Management does not have the authority to issue …
U.S. Sen. Jim Inhofe is defending the move by President Trump to pull out of the Paris Climate Accord. It’s what he said Monday afternoon in an interview on MSNBC. “If he didn’t do it, there would always be people out there, radicals, some of the far left groups, that would sue the United States, …
One of the measures quietly signed into law recently by Gov. Mary Fallin creates a tax on electric vehicles. HB 1449 calls for a $100 annual tax on electric vehicles and a $30 annual fee on hybrid electric vehicles. While it angered electric-car owners when the State House passed the measure on a 51-44 vote, …
Energy awards have gone to the Oklahoma Department of Wildlife Conservation and Heartland Energy Options for their work in encouraging alternative fuels and advanced technology vehicles in Central Oklahoma. The Association of Central Oklahoma Government said the two received the 2016 Zach D. Taylor, Jr. Clean Cities Vision Awards. The Wildlife Conservation Department converted 33 …
Oklahoma doesn’t have the kind of coal industry compared to Kentucky or Wyoming so the latest news out of the U.S. Energy Information Administration might not be so surprising. But the amount of coal burned for electricity in 2016 was the lowest since 1984. It amounted to 677 million short tons burned which accounted for …
Oklahoma continues with some of the cheapest gasoline in the country as this week’s average pump price is $2.09, a 3-cent increase in the past week according to the weekly report from AAA Oklahoma. Surrounding states have prices about 3 cents higher including Arkansas and Missouri. The U.S. average is up slightly to $2.38 a …
Following U.S. Environmental Protection Agency Administrator Scott Pruitt’s appearances on the Sunday morning talk shows, the Sierra Club issued a response to Pruitt’s attempt to persuade the general public about the Trump Administration’s underlying decision to abandon the Paris Climate Agreement. “This Administration’s increasingly defensive attempts to spin their disastrous decision to leave the Paris …