Jerry Bohnen

Author's posts

What Trump Proposes in his Energy Plan

In unveiling his energy plan during a recent speech in North Dakota, Donald Trump said the actions of President Obama have denied millions of Americans access to the energy wealth sitting under their feet. He called it “your treasure, and you—the American People—are entitled to share in the riches.” What Trump is proposing an “America …

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Trump’s Energy Plan is Panned by Washington Post Editors

Donald Trump’s energy plan that he released last week is being panned rather badly by editors of the Washington Post. They describe it as “illogical” and putting all of your eggs in one supply basket. Writing this week, the editorial board of the Post said Trump’s vision on energy starts with the wrong premise that …

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Rep. Mullin Named to Conference Committee on Energy

Oklahoma Congressman Markwayne Mullin is among those named by the U.S. House of Representatives to be on a conference committee with the U.S. Senate in developing the first comprehensive energy package in nearly ten years. The Republican Representative was named by House Speaker Paul Ryan of Wisconsin and House Energy and Commerce Committee chairman Fred …

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Bridenstine Says Clean Power Plan is “War on the Poor”

While legal arguments won’t be heard for a few more months on the Obama administration’s controversial Clean Power Plan from its Environmental Protection Agency, a U.S. House subcommittee chaired by Rep. Jim Bridenstine recently explored the plan. It was clear where Bridenstine, a Republican from Tulsa stood on the issue. “The Clean Power Plan does …

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Activists to Use “Seeds of Resistance” in Fighting Pipelines

  The environmental activist group Bold Nebraska and its off-shoot, Bold Oklahoma are in the midst of raising $3,000 to plant what they call the “Seeds of Resistance” in Virginia and West Virginia to fight two major proposed fracked gas pipelines. Both Bold groups say they’re working to protect land, water and climae in the …

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Judge Now Must Decide if ETE Can Break Off Merger With Williams Cos.

The ball is back in Williams Companies’ court after its proposed merger-partner, Energy Transfer Equity L.P. filed a counterclaim lawsuit against Williams last week. The legal action came after a judge in Dallas County, Texas granted a motion to dismiss a related lawsuit brought by Williams against Kelcy Warren, the billionaire owner of ETE. The …

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NGL Posts 4th Quarter Loss of $207 million

Tulsa-based NGL Energy Partners LP recently reported a net loss of $207 million for the quarter ending March 31, 2016, which was also the end of the company’s fiscal year. It also said it made gains related to the sale of TLP GP and the early extinguishment of debt totaling $158.9 million. The adjusted EBITDA …

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Iowa Based Energy Group Offering $132 million in Senior Notes

Ames, Iowa-based Renewable Energy Group, Inc is offering $132 million in senior notes in a sale that will end Thursday. The sale consists of 4.00% convertible senior notes due 2036 in a private placement to the qualified institutional buyers. The company has also granted the initial purchases an option to purchase up to another $20 …

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Blueknight Energy to Make Presentation

Oklahoma City-based Blueknight Energy Partners L.P. plans to make a presentation this week at the Master Limited Partnership Association’s 2016 MLP Investor conference in Orlando, Florida. Mark Hurley, Chief Executive Officer, Brian Melton, Vice-President of Business Development and Alex Stallings, Chief Financial Officer will make the presentation at 11 a.m. Eastern Time on Thursday, June …

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US House Passes Energy Reform Bill—-Oklahoma Representatives Supported It

Environmentalists don’t like it but the U.S. House has approved a new version of the energy policy overhaul on a 241-178 vote that was along party lines. Oklahoma’s U.S. Representatives James Bridenstine, Tom Cole, Frank Lucas, Markwayne Mullin and Steve Russell were among the 241 who passed the bill that resurrects the Keystone XL pipeline …

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