Chinese Uncertainty Leads to Crude Oil Prices Slipping Lower

China economic news hits crude oil prices on Thursday. February West Texas Intermediate crude lost 70 cents to end trade at $33.27 a barrel on the New York Mercantile Exchange. February Brent crude slipped 48 cents to settle at $33.75 a barrel on the L…

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EnLink Midstream Completes Acquisition of Oklahoma Assets

EnLink Midstream completes its acquisition of certain subsidiaries of Tall Oak Midstream, LLC. The Dallas midstream company paid $1.55 billion for Tall Oak’s assets.
“The acquisition of Tall Oak is consistent with our growth strategy and will provide …

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Oil and Gas Slowdown Reduces State Revenue Collections

The downturn in oil and gas prices are a direct reason why the state treasury failed to grow when compared to 2014 numbers. State Treasurer Ken Miller reported Thursday that 2015 Gross Receipts fell by three percent compared to 2014 figures. The receip…

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Stillwater Legislator Says State’s Earthquake Plan is ‘Abysmal’

Rep. Cory Williams was sitting at his home late Wednesday night when he felt the rumble. It was the 4.8 magnitude quake that hit Fairview in the northern part of the state, miles from the Williams home in Stillwater. It only angered him further in his…

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Corporation Commission Promises Responses to 17 Earthquake Night

“Obviously it’s another critical situation.” Matt Skinner on long night of earthquakes.

The impact of a night of nearly 20 earthquakes in central and northern Oklahoma had staffers scrambling Thursday morning at the Oklahoma Corporation Commiss…

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17 earthquakes in one night! More than a dozen in Fairview

A night of one earthquake after another. It’s what happened Wednesday night and Thursday morning in northern Oklahoma around the cities of Fairview and Alva. Seventeen earthquakes. The strongest was 4.8 magnitude and hit around 10:30 p.m. and was quic…

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First Woman Director of Programs at ODOT

The State Transportation Department this week named its first woman Director of Capital Programs. She was Dawn Sullivan, a longtime state engineer named to the senior post at ODOT.
Sullivan has been with ODOT since 1988 when she first came to work as …

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OKC Legislator Rails Against State Leaders over Earthquakes

“What’s coming is going to be catastrophic.” Rep. Richard Morrissette on earthquakes.

Representative Richard Morrissette (D-OKC) will no doubt get more interest in the public hearing he plans to hold next week at the State Capitol exploring earthq…

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TransCanada Sues over President’s Rejection of Keystone Pipeline

A few months after President Obama rejected the Keystone XL pipeline, TransCanada filed suit, seeking $15 billion in damages from the U.S. and at the same time accused the President of exceeding his constitutional authority. It also said the White Hous…

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A Reduction in Supply Fails to Boost Crude Prices Wednesday

Despite a reduction in crude supplies, prices continued to fall. February West Texas Intermediate crude lost two dollars to end trade at $33.97 a barrel on the New York Mercantile Exchange. Meanwhile on the London ICE Futures Exchange, February Brent c…

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