The Oklahoma Corporation Commission meets Wednesday to consider reported efforts of one commissioner to become the new chairman. Commissioner Todd Hiett is said to be intent on taking over the leadership position held by Commissioner Dana Murphy. A vote on a new chairman of the Commission is on the Wednesday agenda. Hiett is the current …
Op-Ed by Congressman Mullin on The Hill: Cool it with the regulations, Washington! Indoor comfort systems are among the largest users of energy in America. And they’re not going anywhere, because heating, ventilation, and air conditioning (HVAC) systems don’t just keep us comfortable. They keep us alive. In 2003, a heat wave struck Europe that was …
A bill to give Oklahomans credit for a vehicle trade-in overwhelmingly passed the State House of Representatives this week and was sent to the Senate. The bill’s author considers it a tax cut. House Bill 2355 would grant consumers credit for vehicle trade-ins by taxing them at the net price of the vehicle they’re purchasing …
The Environmental Protection Agency announced this week it intends to spend $16 million a year on cleanup of Oklahoma’s Tar Creek Superfund Site. Working with the State and the Quapaw Nation, the EPa intends to open a five-year draft plan for goals of cleanup for a 30-day public review this summer. It will be the …
For the first time in nearly three years, Oklahoma’s unemployment rate grew in January. The number employed in the state’s energy sector also slipped for the month. The seasonally adjusted unemployment rate moved up 0.1 percentage point to 3.2 percent for the month, according to the Oklahoma Employment Security Commission. Nationally, the rate increased to …
Instead of building new homes as he promised for at least ten of his customers, Oklahoma City home builder Gregory L. Cobbs was defrauding them of $941,000 and spending it elsewhere. This week, the 60-year old contractor who ran GL Cobbs and Company, LLC was sentenced by U.S. District Judge David L. Russell in Oklahoma …
Blackstone has wrapped up its $3.2 billion purchase of 44 percent of Kansas City-based Tallgrass Energy, the pipeline company with operations in several states including lines feeding the Cushing terminal. Blackstone Infrastructure Partners closed the purchase of 100 percent of the membership interests in Tallgrass Energy’s general partner as well as about 44 percent interest …
The owner and operator of Tulsa’s oil refinery, HollyFrontier Corporation plans to announce its quarterly financial results in May. The Dallas company owns other refineries in New Mexico, Kansas and Utah. It announced the results will be released May 2 before the opening of trading on the New York Stock Exchange. Management will hold a …
Tulsa’s Cypress Energy Partners, L.P. plans to release its fourth quarter earnings report next week. The report will be released before the opening of trading on the New York Stock Exchange on Monday, March 18, 2019. Later that day at 9 a.m. CDT, company management will host a conference call to discuss the financial results. …
Oklahoma City-based Blueknight Energy Partners, L.P. reported a net loss of nearly $51 million for the fourth quarter of 2018 and a net loss of $42 million for all of 2018. The net loss of $50.7 million for the quarter compared to $0.4 million net income for the same period in 2017. The company …
