March 2019 archive

One Democratic Presidential candidate comes out against Green New Deal

Count former Colorado Gov. John Hickenlooper among those who is not a fan of his own party’s Green New Deal. The Democratic presidential candidate penned an op-ed this week in the Washington Post in which he came out against the plan saying it “sets unachievable goals.” However, Hickenlooper said he supports the “concept” of the …

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Devon doesn’t back off Barnett Shale exploration despite plans to sell assets there

Just because Oklahoma City’s Devon Energy announced intentions in February to sell all of its assets in the Barnett Shale of North Texas doesn’t mean the company has any plans to immediately stop drilling there. The Houston Chronicle recently reported the company is still  drilling for new discoveries in that part of the state. The …

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Where are the nation’s most distracted drivers?

Whether it is another self-promoting study or not, a new study shows which cities have the most distracted drivers and none are in Oklahoma. But if you’re heading to Dallas, watch out! But Life360, a sharing app that protects and connects families said its driving study showed drivers in Dallas/Ft. Worth, Atlanta, Washington, DC, Baltimore …

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Coal company delisted from New York Stock Exchange

A coal company headquartered in Wyoming’s Powder River Basin is facing a delisting of its stock on the New York Stock Exchange. The Exchange informed management at Cloud Peak Energy Inc. the delisting is the result of the determination that Cloud Peak’s common stock was no longer suitable for listing based on “abnormally low” price …

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OSU to research “swarms” of unmanned aircraft

  Researchers at Oklahoma State University get the nod from the Federal Aviation Administration to carry out some unusual testing of swarms of unmanned fixed-wing aircraft. The researchers are with OSU’s Unmanned Systems Research Institute according to the Enid News and Eagle. Current FAA regulations require one pilot and one set of controls for every …

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Lankford and others try to end some government red tape

In an attempt to cut down on the growth of federal government regulations and red tape aimed at businesses, Oklahoma U.S. Sen. James Lankford joined forces this week in introducing a new government act. He was joined by GOP Sens. Rob Portman of Ohio, Ron Johnson of Wisconsin, Susan Collins of Maine and Joni Ernst …

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Green New Deal voted down in US Senate

With Democrats calling it a political stunt and a sham, the Senate on Tuesday voted down any attempt at starting debate on their Green New Deal. Fifty-seven Senators including Jim Inhofe and James Lankford of Oklahoma voted  against the plan. No one voted for it as 43 Democrats voted “present.” Republicans were joined by red …

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NGL makes offering as it raises money to repay indebtedness

Tulsa’s NGL Energy Partners LP is making an offering of its company units as it attempts to raise money. The company said the public offering is of Class C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units representing limited partner interests in NGL. NGL said it will also grant the underwriters a 30-day option to purchase …

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HollyFrontier finishes maintenance at El Dorado refinery

Refinery operator HollyFrontier Corporation announced it has finished first quarter maintenance at its refinery in El Dorado, Kansas. The company said it anticipates crude oil throughput for the first quarter of the year to average 395,000 and 405,000 barrels a day. The crude unit is back online and the refinery is in the process of …

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Crude oil pipeline open for business in Louisiana

Energy Transfer and Phillips 66 Partners say the second phase of their Bayou Bridge Pipeline is complete and ready for service in Louisiana. The 163-mile, 24-inch line will move crude oil from Lake Charles, Louisiana to terminalling facilities outside of st. James, Louisiana beginning April 1. Energy Transfer of Dallas owns 60 percent of the …

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