Oil ends at more than one-week low

  While the U.S. dollar steadied on Tuesday, oil futures recorded their lowest finish in more than a week and many Oklahoma oil and gas firms followed suit with declining prices of their shares. West Texas Intermediate crude for September delivery dropped 56 cents or nearly 1.4% to settle at $41.04 a barrel on the …

Continue reading »

ONEOK releases 2Q results—anticipates lower earnings for rest of 2020

  ONEOK’s second quarter earnings report showed the Tulsa company had a $134.3 million net income resulting in 32 cents per diluted share. The company stated that its adjusted EBITDA was $533.9 million while operating income totaled $355.7 million. Company leaders said based on the second quarter results as well as “crude oil pipeline takeaway” …

Continue reading »

Financial results to be released Wednesday by LSB Industries

  LSB Industries, Inc. in Oklahoma City will release its financial results for the second quarter ended June 30, 2020 on Wednesday, July 29, 2020, after the close of the stock market. LSB’s management will host a conference call on Thursday, July 30, 2020 at 10:00 am ET / 9:00 am CT to discuss these results. Participating in the call will be President & Chief …

Continue reading »

Raising speed limits on some Oklahoma highways

  Speed limits are being increased on Oklahoma’s turnpikes and some of its interstates, even though the approval for higher limits was approved last year. The Turnpike Authority met Tuesday to consider boosting the maximum speed limits on parts of its turnpikes from 75 mph to 8 mph. The Oklahoman reported Tuesday that the Oklahoma …

Continue reading »

Keystone XL developer might get more Canadian help

  The Alberta government is weighing whether it should intervene in an ongoing U.S. court case involving the Keystone XL pipeline. James Rajotte, the province’s senior representative in Washington said, “There’s a dialogue going on internally.That’s something the government of Alberta will decide going forward.” Alberta Premier Jason Kenney has sweetened the deal for Keystone builder …

Continue reading »

Energy news in brief

** Marathon would pay $82,000 in fines, invest in air filtration systems and boost data reporting under a consent order with state regulators following an emissions release at its Detroit refinery late last year.  ** Canadian National Railroad says a $100 million plan to upgrade and expand its system in Wisconsin will lower transportation emissions by avoiding truck deliveries.  ** The …

Continue reading »

Reservoir expansion project in Colorado fought by environmentalists

  The federal government recently signed off on the expansion of the Gross Reservoir in Boulder County, Colorado but the fight against the hydropower plan isn’t finished. As Colorado Public Radio reported, environmentalists plan to continue their opposition to the plan that got its start 17 years ago. Click here to view the story.  

Quivera wildlife refuge water fight ends

  A nearly 10-year old fight over water use from the central Kansas 22,000 acre Quivera National Wildlife Refuge might be about to end. An agreement was signed last week among area farmers, the Refuge, the U.S. Government and nearby towns.   Click here to read story in the Hutchinson News.

Protecting ranchland in southern Colorado

  Conservationists in southern Colorado are excited with the prospect of obtaining funding from the Great American Outdoors Act passed last week by Congress to use to protect more ranchland in the Navajo River Watershed. They point to the conservation of the Banded Peak ranch east of Pagosa Springs explaining a 30-year and $37 million …

Continue reading »

Agency continues probe of Odessa deaths in flood station

The Chemical Safety and Hazard Investigation Board has released the results of its investigation into the deaths last fall of a worker and his wife who died after being overcome by hydrogen sulfide at a water flood station in Odessa,Texas. The worker was employed by Aghorn Operating, Inc. and had responded the night of October …

Continue reading »