EPA chief Scott Pruitt returns to Capitol Hill Thursday morning for a face-to-face meeting with House Democrats who have been licking their chops for a chance to grill him about his climate change agenda. He better brace himself for no doubt there will be some heated exchanges. The former Oklahoma Attorney General will testify before …
The Federal government says it plans to rescind a two-year old rule that required trains carrying crude oil to be outfitted with electronically controlled pneumatic brakes or ECP brakes. The ruling originally was a response following deadly and disastrous tanker derailments. The U.S. Department of Transportation made the announcement this week. Long trains of oil-carrying …
Energy companies, whether they’re oil and gas related or connected to wind farms will end up footing a higher bill when they choose the Oklahoma Turnpike for travel. The State Turnpike Authority voted this week to increase tolls by 2.5 percent beginning in early January. It means most vehicles will pay $4.50 to travel between Oklahoma …
Oil prices continued on Tuesday to dip lower in the U.S. while overseas, they were up slightly. West Texas Intermediate crude fell 18 cents to reach $57.44 a barrel on the New York Mercantile Exchange. The drop represented a fall of three-tenths of a percent in trading for January contracts. Overseas in London, Brent Crude …
Tulsa’s Magellan Midstream Partners LP recently announced plans to develop a new pipeline to transport oil from the Permian and Eagle Ford Basins of Texas to several destinations in the Corpus Christi and Houston markets. Magellan’s existing crude oil terminals in the markets will also receive some of the shipments. The company announced it has …
Nearly $49 million in State highway improvement projects in Oklahoma City were approved this week in a meeting of the Oklahoma Transportation Commission. A $27 million contract was awarded to Allen Contracting Inc. and Shell Construction Inc. to finish two remaining core sections of the Oklahoma City Boulevard in downtown. The interior sections between Western …
A $1 billion offering of unsecured notes has been announced by Oklahoma City-based Continental Resources Inc. The offering involves 4 3/8% senior notes due 2028 and the offering is expected to close Dec. 8 subject to customary closing conditions. In making the announcement, the company said it “intends to use the net proceeds from this …
The earthquake review team at the Oklahoma Corporation Commission responsible for monitoring earthquakes will most likely be studying data from the 4.2 magnitude quake that hit Monday night in the northern part of the state. Strong enough to be felt in Wichita, Kansas, the quake’s epicenter was about 8 miles northeast of Perry and …
The environmental group, The Environmental Integrity Project has filed suit against the Environmental Protection Agency in a fight over the release of copies of speeches given by Administrator Scott Pruitt. The organization accuses the EPA of “breach of contract” for not supplying copies of the speeches by Oct. 24 under a Freedom of Information Act …
Wind developers in Oklahoma and across the rest of the country might not fully embrace the tax reform plan passed over the weekend by the U.S. Senate. That’s because it would reduce the number of years that developers were allowed to claim the wind production tax credit, according to a report by E and E …
