Supply Report Pushes Crude Prices Higher on Wednesday

Crude prices rose on Wednesday after it was revealed crude supplies grew slower than expected. April West Texas Intermediate crude added 28 cents to end trade at $32.15 a barrel on the New York Mercantile Exchange. April Brent crude tacked on $1.14 to …

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Kansas House Kills 80 mph Speed Limit Bill

While many motorists drive 80 mph on major Kansas turnpikes and highways where the speed limit is posted at 75 mph, a proposed 80-mile an hour legal speed limit bill has been killed in the Kansas State House.
Members voted Tuesday against increasing t…

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Rules Adopted for Uber and Lyft

New regulations covering ride-sharing apps such as Uber and Lyft were adopted this week by the Oklahoma Corporation Commission. They were adopted on a 3-0 vote and now the regulations head to the State Legislature and Gov. Mary Fallin for their review …

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Corporation Commission to Consider 25-year old Bribed Vote Case

Another effort will be Thursday by some members of the Oklahoma Corporation Commissino to reconsider the bribed vote in a 25 year old rate case involving the former Southwestern Bell Telephone Company.
The issue of what’s known as PUD 260, the 1989 ca…

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Brockovich Pushes Legislature to Attack Earthquake Problem

Environmental activist Erin Brockovich took her anti-fossil fuel message to the state Capitol on Wednesday, hoping to influence legislators to take steps to end earthquakes that many believe are being caused by wastewater disposal wells. She is …

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Chesapeake’s 2015 Losses were in the Billions—–a Major Fire Sale’s Underway

Even while Chesapeake Energy is bleeding billions of dollars, company leaders remain optimistic their plan of divesting $1 billion in assets in 2016 will keep the company afloat. The firm released its earnings reports for 2015 and the 4th quarter on We…

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Oklahoma’s Congressional Delegation Joins Lawsuit Against EPA’s Clean Power Plan

Everyone of Oklahoma’s members in the U.S. House and U.S. Senate are among the 205 members of Congress who have filed legal briefs in federal court in support of a lawsuit challenging the Environmental Protection Agency over its controversial Cle…

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Saudis Upset the Apple Cart Again Sending Crude Prices Tumbling

Once again Saudi Arabia rejects plans to cut or freeze production so crude prices fell on Tuesday. April West Texas Intermediate crude lost $1.52 to end trade at $31.87 a barrel on the New York Mercantile Exchange. April Brent crude also fell. The Lond…

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NGL Energy Partners Names CFO

NGL Energy Partners named Robert W. “Trey” Karlovich III as its new Executive Vice President and Chief Financial Officer. The landed the new executive from Targa Pipeline Partners, LP where he served as that company’s CFO over the past year.
Karlovich…

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Pipeline and Refinery Operations are Kind to Holly Energy

Dallas-based Holly Energy Partners, L.P., the firm which owns part of a 135-mile crude oil pipeline from Cushing, Oklahoma to El Dorado, Kansas as well as a refinery in Tulsa announced its fourth quarter and yearly earnings showing growth in both…

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