Crestwood Equity expands holdings in $1.8 billion deal

  In a $1.8 billion deal, Houston’s oil and gas pipeline operator Crestwood Equity Partners LP is taking over Oasis Petroleum Inc.’s midstream unit and expanding its holdings in the U.S. shale basins. It already is active in the Permian Basin, the Williston in North Dakota, the Marcellus and the Powder River Basin in Wyoming. …

Continue reading »

Cushing’s falling crude oil storage affects global markets

  The slipping amount of crude oil stored at the Cushing hub in north central Oklahoma has left investors nervous and at the same time is being blamed for the latest jump in oil prices. Bloomberg continues to focus on the Cushing site that is not only America’s largest oil storage hub but also one …

Continue reading »

Oil hits $86 a barrel and brings energy stocks up too

    Crude oil prices continued their climb upward in Monday’s trading as Brent crude hit a 3-year high and a penny short of $86 a barrel. Oklahoma energy stocks went along for the ride too. The global benchmark, set for December delivery rose 46 cents and finished the day at $85.99 a barrel on …

Continue reading »

Increased coal sales drives improved earnings for Tulsa firm

“Year-to-date performance from all of ARLP’s business segments has exceeded our initial expectations for 2021.” Alliance Resource Partners, L.P., the major coal-mining company based in Tulsa reported increased financial and operating results for the quarter ended September 30, 2021 compared to the previous quarter. Primarily on the strength of increased coal sales volumes and price …

Continue reading »

Devon donates to Tulsa Dream Center

  Children in North Tulsa now have access to high-tech tools to explore science, technology, engineering and math (STEM) at the Tulsa Dream Center (TDC), a faith-based community center. Students will enjoy tinkering with robots, 3D printers, coding tools and more thanks to a gift from Devon Energy in partnership with the Cal Ripken, Sr. …

Continue reading »

A tornado or two in Tuesday’s Oklahoma weather?

  No one can have more fun with the weather than Gary McManus, State Climatologist with the Oklahoma Mesonet and the Oklahoma Climatological Survey. Check out his Tuesday warning about the possibility—slight possibility— of a tornado or two along with other kinds of severe weather in the state. In his Monday weather alert, he teased …

Continue reading »

Oil leaders in spotlight before House Dems

  This is the week that executives of big oil go before a House Oversight Committee to face grilling whether they lied about their firms’ roles in climate change. House Democrats are intent to finding evidence of “disinformation” and seeing to what extent they might exact their pound of flesh from Exxon Mobil CEO and Chairman …

Continue reading »

More Biden EPA nominees to get a Senate committee vote

  Oklahoma U.S. Sen. Jim Inhofe and others on the Senate Environment and Public Works Committee will vote Wednesday on three more EPA nominees. In the 10 a.m. eastern time hearing, the senators will consider Biden’s nominations of Carlton Waterhouse to be Assistant Administrator of Land and Emergency Management at the Environmental Protection Agency; Amanda …

Continue reading »

Enid fights multi-million dollar eminent domain fight over Kaw Lake pipeline

  Enid city leaders might still be in a state of shock as they fight a more than $2.7 million eminent domain award in their efforts to build the Kaw Lake water pipeline. The Enid News and Eagle reports a possible jury trial is ahead for the city as it tries to reach a settlement …

Continue reading »

Koch subsidiary joins solar network

  A Kansas-based fossil fuel company known nationally for its conservative politics caught the attention of environmentalists recently in Minnesota. Flint Hills Resources, a subsidiary of Koch Industries—yes, that Koch Industries was accepted as a dues-paying member of Minnesota’s solar energy industry trade group. Flint Hills owns the Pine Bend Refinery near St. Paul and …

Continue reading »