Brace for More I-35 Traffic Slowdowns in southern Oklahoma

It’s an announcement that oil and gas haulers on I-35 didn’t want to hear.  But traffic tie-ups will be a daily occurrence on the interstate in southern Oklahoma, according to the Department of Transportation. I-35 will be narrowed to one lane in each direction at Ruppe Rd. (mile marker 60) between Davis and Wynnewood in …

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Tulsa Oilman Fails in Bid to Unseat Congressman Bridenstine

  While some political observers speculated that Oklahoma oilman Tom Atkinson might be able to pull off an upset of U.S. Rep. Jim Bridenstine in Tuesday’s primary elections, it did not happen. Instead, Bridenstine easily defeated Atkinson and Eveylyn L. Rogers and was automatically re-elected to a third term because there is no Democratic candidate …

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ETE Backs Out of Messy Merger With Williams Companies

The proposed merger between Williams Cos. and Energy Transfer Equity won’t happen. The announcement came shortly after midnight and on the last day that Energy Transfer Equity of Dallas had under an agreement to merge with Tulsa-based Williams Cos…..it’s backed out! ETE explained it had the right to terminate the merger because of a Delaware …

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Fiery Head-On Train Crash near Amarillo

Federal investigators were on the scene Tuesday of the fiery head-on collision of two Burlington Northern Santa Fe freight trains in the Texas Panhandle. An unknown number of people were injured in the collision that happened near the town of Panhandle about 25 miles northeast of Amarillo. Nearby residents were evacuated after the collision that happened …

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Cessna Delivers 7,000th Citation

Cessna just delivered its 7,000th Cessna Citation business jet this week, turning over the midsize business jet to NetJets, Inc., a Berkshire Hathaway company. The Wichita, Kansas based company is now a subsidiary of Textron Aviation, Inc. The planes are used worldwide by many oil and gas companies that move crews and engineers from site …

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Inhofe’s Bill to Clean Up Brownfield Sites Wins Senate Approval

From Politico’s Morning Energy Report on Tuesday: BUILDING THE BUILD ACT: The Senate yesterday passed by unanimous consent the BUILD Act, S. 1479, a bill co-sponsored by Sens. Jim Inhofe and Ed Markey to improve the reclamation and cleanup of brownfields. Among other provisions, the bill allows the EPA to provide up to $500,000 in …

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Governor Names Four to Aeronautics Commission

Governor Mary Fallin recently made four appointments to the State Aeronautics Commission. Jerry Hunter, owner and chief executive officer of Sundance Airport in Oklahoma City is a new appointee, named to replace the late Tom Stephenson who died in April. His term will expire at the end of 2021. Michael Ray of Guymon remains on …

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Oklahoma Gasoline Prices Hit $2.09 Average

  As a record number of Oklahomans and others will travel for the upcoming July 4th holiday, gasoline prices in the state are holding steady with a statewide average of $2.09 a gallon. AAA Oklahoma says prices in the past five weeks in Oklahoma have been in the range of $2.07 to $2.16. “Oklahoma’s gas …

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Williams Shareholders Vote to Push Forward for ETE Merger

  By an overwhelming vote, shareholders of Tulsa-based Williams Companies voted Monday to continue a merger with Energy Transfer Equity of Dallas, even after ETE won a Delaware judge’s ruling last week allowing it to bail out of the $38 billion deal announced last fall. Nearly 79 percent of the 750 million outstanding shares eligible …

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TransCanada Files $15 billion NAFTA Lawsuit over Keystone XL Pipeline Rejection

The U.S. is being sued for $15 billion by TransCanada over President Obama’s rejection of the company’s proposed controversial Keystone XL pipeline.  TransCanada contends the president’s move violated the North American Free Trade Agreement by thwarting the company’s expectations. The company’s first pipeline, the Keystone from Cushing south to the Gulf Coast has been operational …

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