The latest polling on the Oklahoma Labor Commissioner race shows Cathy Costello with a commanding 10% lead over her primary runoff opponent, Rep. Leslie Bennett. The survey was conducted last week by Sooner Poll and News 9 among 483 registered Republican voters. “We found Cathy Costello’s platform of conservative values and limited government …
State Rep. David Perryman expressed extreme disappointment in the weekend announcement by Public Service of Oklahoma that it was canceling its Wind Catcher Energy Connection Project. “Oklahoma citizens and utility customers across the southwestern U.S. are the losers with the cancellation of this project,” said Perryman, D-Chickasha and minority floor leader for the Oklahoma House …
With the wind out of its sails at the hands of a Texas regulatory body, Public Service Company of Oklahoma has dropped plans to develop a $4.5 billion dollar Wind Catcher wind farm in the Oklahoma Panhandle. It would have been the largest wind farm to be constructed in the U.S. Considering the magnitude of …
The latest rig counts show Oklahoma slipped by one in the past week while the national count grew by 2 to reach 1,048 working oil and gas rigs. The state count dropped to 137 compared to one week ago. Nationally, the count saw the number of oil rigs grow by 3 to reach 861 while …
Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Environment and Public Works Committee are encouraging Acting EPA Administrator Andrew Wheeler against retroactively reallocating the Renewable Fuel Standard (RFS). “In recent weeks, media reports indicated that the Environmental Protection Agency (EPA) considered a proposal to retroactively reallocate the Renewable Fuel Standard (RFS) compliance obligations …
Did someone take the wind out of the sails of PSO? In a move that some think will kill the $4.5 billion Wind Catcher wind farm in the Oklahoma Panhandle, the Texas Public Utility Commission voted Thursday to unanimously reject the project. The commissioners indicated it doesn’t offer enough benefits for ratepayers as the way …
Houston’s Encino Acquisition Partners, the company that just made a $2 billion purchase of Utica Shale holdings from Oklahoma City’s Chesapeake Energy indicated the deal means more than 900,000 net acres of leasehold. In its announcement, Encino said the nearly 900 wells involved in the deal in Ohio produce more than 600 million cubic feet …
Oklahoma City’s Chesapeake Energy Corporation announced it is selling its Utica Shale operating area in Ohio in a $2 billion deal with Houston’s Encino Acquisition Partners. The sale should be finalized in the fourth quarter of the year and includes a $100 million contingent payment based on future natural gas prices. Chesapeake indicated it will …
Reporter Steve Lackmeyer at The Oklahoman always has his ear in tune to business developments in Oklahoma City. His latest story focuses on the $40 million new headquarters to be built for Heartland, the U.S. payments and payroll division for Global Payments. In Friday’s edition, Lackmeyer reported how plans are finalized and construction is expected …
Energy Transfer Partners based in Dallas, the company behind the controversial Dakota Access Pipeline in South Dakota plans to releases its second quarter earnings report on Aug. 8. The company already approved a quarterly cash distribution of $0.565 per common unit which translated to $2.26 on an annualized basis. It was also the same distribution …
