Business deals move forward despite the flooding of Hurricane Harvey in Houston where American Midstream Partners, LP announced the closing of its Propane Marketing and Services to SHV Energy N.V. for $170 million in cash. American Midstream has divested 100% of Propane including Pinnacle Propane’s 40 service locations. The closure was announced Tuesday and it …
The evacuation zone was lifted Monday around the Arkema chemical plant in Crosby, Texas after flooding resulted in explosions and fires throughout the weekend. The Houston Chronicle reported a controlled burn destroyed six final trailers of decomposing chemicals, prompting authorities to life the 1.5-mile evacuation zone. “Arkema will continue to work with its neighbors and …
The people responsible for the big decisions at Williams Cos. in Tulsa have had more than their share of problems over the past week to ten days because of Hurricane Harvey and the flooding. A big part of the company’s Transcontinental Gas Pipe Line was affected and so were customers thousands of miles away who …
Oklahoma U.S. Rep. Jim Bridenstine is about to get the job he has dreamed of getting….Administrator of NASA. He openly campaigned for the job since President Trump took office in January and on Friday night, the White House nominated the Republican congressman. All he needs now is approval of the U.S. Senate. But that could …
Residents of the Stonetown Sunnylane Estates Public Water Supply in Cleveland County were warned over the weekend to boil their drinking water because E. coli was confirmed to be in the water. The Oklahoma Department of Environmental Quality issued the boil order on Friday and said residents would be notified when the water was considered …
Another sign that Oklahoma’s economy is making improvements, albeit small ones. The August report from the Creighton Economic Forecasting Group directed by economics professor Ernie Goss show more positive movement. Oklahoma is one of 9 Midwestern states where supply managers are surveyed. “After falling below growth neutral for July, Oklahoma’s overall index climbed to 56.2 …
The Oklahoma Department of Emergency Management continues to send workers to Texas and work with FEMA following the hurricane. “A State of Emergency for Oklahoma remains in effect so that state, county, and local governments can adequately respond to the mutual aid requests and needs of the Gulf Coast states,” said Keli Cain, public information …
Nearly 500 Oklahoma National Guard troops were sent to Texas over the weekend to help with hurricane relief. For many, they had returned just weeks ago from a six-month mission in Ukraine where they had trained Ukrainian soldiers. Lt. Col. Adam Headrick, commander of the “Tomahawk” Task Force is with the 1st Battalion of the …
The latest weekly oil and gas rig count revealed an increase for the nation while the rig count is flat in Oklahoma, according to Houston-based Baker Hughes Company. The nation’s rig count gained three to reach 943, up from a year ago when it had 446 working rigs. Oklahoma’s count remains at 130 compared to …
Oil prices edged up Friday but settled with a fifth consecutive weekly loss as traders weighed Harvey’s effect on crude production and refinery demand in the Gulf of Mexico region, according to Bloomberg MarketWatch. October West Texas Intermediate crude rose 6 cents, or 0.1%, to settle at $47.29 a barrel on the New York Mercantile Exchange. …
