March 10, 2017 archive

State House Approves Bill Wiping Out Tax Credits for Wind Industry

If the vote in the Oklahoma House of Representatives is any indication, the wind industry knows the time is near. The House on Thursday passed HB 2298, the measure cutting tax credits for the operators of wind farms that cover the western half of the state.  It was a vote of 74 to 24. “It’s …

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Wind Energy Tax Credit Sunset Bill Advances to Oklahoma Senate

By a vote of 74-24, the Oklahoma House of Representatives approved a legislative measure to sunset the zero-emissions tax credit for the wind energy industry. House Bill 2298 – a leadership bill authored by Speaker Charles McCall (R-Atoka) – imposes a deadline of July 1, 2017 for operational facilities to qualify for the tax credit. …

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ONEOK Promotes Kevin Burdick and Michael Fitzgibbons to Senior Management Roles

Tulsa-based ONEOK, Inc. and ONEOK Partners, L.P. announced organizational changes on Tuesday in a company press release. Kevin L. Burdick, 52, currently senior vice president, natural gas gathering and processing, has been promoted to executive vice president and chief commercial officer, a new role, with responsibility for all of ONEOK’s business segment commercial activities. He …

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WTI Settles Below $50 a Barrel as OPEC Warns Increased U.S. Production May End Deal

Domestic oil prices plunged below $50 a barrel on Thursday for the first time this year as the market worried that growing U.S. crude producers may undermine efforts to rebalance global supply and demand, according to Bloomberg MarketWatch. It marked their lowest finish since late November. April West Texas Intermediate crude slid $1 or 2%, to …

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