January 2018 archive

PSO Plans Public Meetings on Proposed Power Line in Northern Oklahoma

Public Service Co. is planning a series of community meetings in the coming weeks about its plans for construction of a transmission line to carry electricity from its proposed giant Windcatcher wind farm in the Oklahoma Panhandle. PSO wants additional comments about 2 alternate routes for the line that will stretch from  the Panhandle to …

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Oklahoma Solar Company Operators Wonder About Impact of New Solar Tariffs

Oklahoma might not have the biggest solar industry in the country but its operators still wonder how the newly-imposed solar tariffs will affect them. “I’m sure it’ll have a little bit of an effect as far as pricing,” said Chris Gary with Sun City Solar in Oklahoma City.  He was interviewed by News 9. “Any …

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Rep. Bridenstine Faces More Opposition to Become NASA Administrator

Oklahoma Congressman Jim Bridenstine’s path to becoming the next administrator of NASA just got bumpier—-thanks to another Republican in the U.S. Senate. Renominated this year by President Trump, Bridenstine, the Republican from Oklahoma’s 1st Congressional District narrowly won approval in the Senate Commerce, Science and Transportation Committee. The committee passed his nomination out on a …

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Tulsa’s NGL Energy to Release Earnings Feb. 9

We’ll soon learn how profitable 2017 and the fourth quarter were for Tulsa’s NGL Energy Partners LP. The company plans an earnings call on Friday, Feb. 9, 2018 at 10 a.m. Oklahoma time. Leaders will discuss the financial results for the quarter ending Dec. 31, 2017. NGL will distribute its earnings press release prior to …

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4Q Cash Distribution at Cypress Energy is Flat

A fourth quarter cash distribution has been announced by Tulsa’s Cypress Energy Partners, L.P. The company declared a cash distribution of $0.21 per limited partner unit, an amount unchanged from the third quarter of 2017. It will be payable Feb. 14, 2018 to all unitholders of record on Feb. 7, 2018. Cypress is a company …

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53rd Straight Quarterly Distribution Increase Announced by Holly Energy Partners

Holly Energy Partners, L.P., the Dallas company with refining and pipeline operations in Oklahoma declared a cash distribution of 65 cents for the fourth quarter of 2017. The company said the distribution compares to the 60 cents distributed in the fourth quarter of 2016.  Holly Energy has increased its distribution to unitholders every quarter since …

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Scott Pruitt’s Special Phone Booth Draws GAO Investigation

Not only are some Democratic members of Congress interested in the $25,000 secure phone booth in EPA Administrator Scott Pruitt’s office, so is the Government Accountability Office. It plans an investigation into Pruitt’s decision to have the specially designed booth installed in his office, according to E and E News and the Daily Caller. In …

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OKC Based Love’s Travel Stops Expanding by 40 Stores in 2018

  The Oklahoma City-based Love’s Travel Stops company announced this week it intends to open more than 40 new stores this year. The first to be opened is in Alma, Arkansas located at 8060 State Route 282 which is at exit 24 of Interstate 49. It is the company’s third location along the 500-mile stretch …

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AG Asks FERC to Ensure Corporate Tax Savings Are Passed On to Customers

Oklahoma Attorney General Mike Hunter is asking federal regulators to pass along new corporate tax savings to utility customers. In a Jan. 19 letter to the Federal Energy Regulatory Commission, Hunter urged the commission law to make sure corporate tax savings from the new law result in utility savings for customers. The corporate income tax …

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Baker Hughes Shutting Down South Oklahoma City Operations

World-wide operator Baker Hughes, now a GE company confirms it will close its operations in south Oklahoma as the firm pushes ahead with its merger that was announced last year. The firm’s artificial lift systems operation will be closed but it’s unclear how many jobs will be affected. Some positions from the former GE facility …

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