Oklahoma’s senior member of the Senate Environment and Public Works (EPW) Committee, U.S. Senator Jim Inhofe, praised the committee approval of four nominees for positions at the Environmental Protection Agency and the nomination of Paul Trombino III to be Administrator for the Federal Highway Administration, according to a press release issued Wednesday. “I am pleased …
October 25, 2017 archive
Third Quarter Dividend Announced by ONEOK
Tulsa-based ONEOK’s Board of Directors declared a quarterly dividend of 74.5 cents per share effective for the third quarter of 2017, according to a company press release issued Wednesday. The annualized dividend has reached $2.98 per share. The dividend is unchanged from the previous quarter when it was increased 13 cents per share, or 21 …
Oil Settles Lower on Wednesday as Data Reveals Crude Supply Jump
Oil futures settled slightly lower on Wednesday as domestic crude supplies rose for the first time in five weeks, according to Bloomberg MarketWatch. December West Texas Intermediate crude fell 29 cents, or 0.6%, to settle at $52.18 a barrel on the New York Mercantile Exchange. December Brent crude, the global benchmark, edged up by 11 cents, or …
Robert Redford Charges Pruitt Isn’t Protecting the Environment
Add actor Robert Redford to the growing list of those critical of Scott Pruitt, the former Oklahoma Attorney General who now runs the Environmental Protection Agency. Writing this week in Time magazine, Redford accused Pruitt of being “hell-bent” on not protecting the environment. Here is what he wrote: Forty-seven years ago, none other than President Richard …
Van Crash Injures Several Halliburton Workers Near Calumet
At least five people were hurt Wednesday morning when a Halliburton van overturned and crashed on a Canadian County road. Reports by News 9 indicated eight people were in the van when it crashed around 6:20 a.m. near 164th and Calumet Road. The vehicle rolled several times. At least one of the injured was flown …
Daring Move by Amazon CEO to Launch Texas Wind Farm
Amazon’s CEO Jeff Bezos recently climbed atop a wind tower in west Texas to smash a bottle of champagne and christen the start of a wind farm that will provide power to his huge company. As the Dallas Morning News reported, Bezo launched the 253-megawatt Amazon Wind Farm Texas in Scurry County. His company has …
Wind Industry Argues Removal of Sales Tax Exemption Should be “all or none”
The wind industry is still fighting the call by some legislators to remove a sales tax exemption on the industry saying if the exemption is removed from the wind industry, it should be removed from other energy industries. Mark Yates, Oklahoma Director of the Wind Coalition responded to an inquiry from OK Energy Today, calling …
Candidate Takes Credit for Supreme Court Ruling
Republican candidate for Governor Gary Richardson is taking credit for a State supreme Court ruling this week that overturned the Motor Vehicle Fuel Tax Fee on electric vehicles. “I am the only candidate for Governor who even attempted to stop the tax increases and I’m not even an elected official like some of my opponents,” …
Midstream Sale in Delaware Basin
No sales price was announced but another big sale has been made of operations in the Permian Basin of West Texas. It is there that BP Energy Partners LLC has sold its Pinnacle Midstream LLC company, a midstream provider in the Delaware portion of the Permian Basin. The buyer is I Squared Capital, giving it …
Denver Energy Firm Under New Leadership
Denver-based Whiting Petroleum Corporation has named a new President and CEO. Bradley J. Holly, formerly an Executive Vice President of U.S. Onshore Exploration and Production for Anadarko Petroleum Corporation was named this week to be Whiting’s new President effective Nov. 1, 2017. He will replace James Volker who, at the age of 70 is retiring …