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…

Continue reading »

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…

Continue reading »

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…

Continue reading »

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 …

Continue reading »

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…

Continue reading »

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…

Continue reading »

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…

Continue reading »

Judge Won’t allow Osage County Landowner to Enter Suit Against BIA

Tulsa federal judge Gregory K. Frizzell has sided with the Bureau of Indian Affairs and an Oklahoma association of oil and gas producers and denied the request of a landowner to intervene in a lawsuit over drilling permit applications in Osage Co…

Continue reading »

Democrats Attack Speaker Hickman Over Earthquakes

“Speaker Hickman has been silent.” State Democratic Party on earthquake response.

The latest swarm of earthquakes in Oklahoma has again prompted the State Democratic party to blast state leaders over the issue. This time, the party is going after St…

Continue reading »

Pruitt Supports TransCanada’s Lawsuit over Keystone Pipeline Rejection

Oklahoma Attorney General Scott Pruitt has come out in support of the lawsuit filed by TransCanada challenging the President’s veto of a measure allowing construction of the Keystone XL pipeline from Canada to Nebraska.
“The Keystone XL pipeline…

Continue reading »