ONEOK Partners Announces $1 billion Loan

ONEOK Partners announced Monday it has entered a $1 billion term agreement to be used for genral partnership purposes including the repayment of existing borrowings.
It is a three-year unsecured loan agreement basically meant to refinance the partners…

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Scientists Challenge EPA Franking Report

The EPA finds itself at odds with the Science Advisory Board regarding a report the agency released last summer stating that fracking does not lead to nor create widespread, systemic impacts on drinking water resources.
The board is comprised of…

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Quapaw Tribe Rejects Tar Creek Superfund Settlement from DOJ

“This is an injustice”—Quapaw Tribe Chairman John Berrey.

The Quapaw tribe of Oklahoma is rejecting a $15 million settlement proposed by the Justice Department over the Tar Creek Superfund Site, the largest superfund site in the U.S. Tribal l…

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Despite Positive News Crude Creeps Lower on Friday

Despite positive economic news in the U.S. worries about China and oversupply pushed crude prices lower on Friday. February West Texas Intermediate crude lost eleven cents to settle at $33.16 a barrel on the New York Mercantile Exchange. February Brent…

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Selling an Asset Bolsters NGL Energy Partners Balance Sheet

NGL Energy Partners has firmed up its ability to pay for its future projects by selling TransMontaigne GP LLC (TLPGP) to an affiliate of ArcLight Capital Partners for $350 million in cash. The deal would move the two percent general partner interest an…

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List of Earthquake Speakers for Rep. Morrissette’s Public Hearing

Oklahoma City Rep. Richard Morrissette is moving ahead with plans for a Jan. 15 public hearing at the State Capitol to discuss earthquakes and the response of the state. Already he has a long list of experts and others who plan to speak at the day-long…

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SandRidge Energy Suspends Dividend Payments

Two days after the New York Stock Exchange removed SandRidge Energy Inc. from trading because of what it called”abnormally low” stock prices, the Oklahoma City-based company announced Friday it was suspending payment of a semi-annual dividend on …

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Geological Survey Director Supports State in Response to Earthquakes

While Democrats and homeowners might be critical of the way the Oklahoma Corporation Commission is responding to the new swarm of earthquakes in the state, one man who stands firmly behind the response is Dr. Jeremy Boak. He is the director of the Okla…

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Oklahoma Highway Maintenance to be Hurt by Budget Cuts

Among the Oklahoma state agencies dealing with 3 percent budget cuts is the Oklahoma Transportation Department where leaders admit the $13 million in cuts will impact highway construction.
“Due to these state budget challenges, we are looking at reduc…

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Storm to Bring Snow to NW Oklahoma

Snow is in the forecast this weekend for northwest Oklahoma.
But as State Climatologist Gary McManus indicated in his Friday Mesonet Ticker report, “This doesn’t appear to be a storm that will have a significant impact, but an impact nevertheless with…

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