2017 archive

Former Corporation Commissioner Endorses One of Commissioner Dana Murphy’s Opponents

When Patrice Douglas served as an Oklahoma Corporation Commissioner, she had obvious differences with the other woman on the commission—Dana Murphy. Now Douglas has come out with an endorsement of Murphy’s opponent in the race for the Republican nomination for Lieutenant Governor. She has endorsed former state GOP chairman Matt Pinnell, also a candidate to …

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Denver Federal Appeals Court Considers Obama-era Fracking Rules

The Denver Federal Appeals Court on Thursday heard oral arguments on legal challenges to the Obama-era hydraulic fracturing rule on public and tribal lands.. The legal question was whether the Interior Department’s fracking rule exceeded the agency’s authority. It was in June of last year when Wyoming federal judge Scott Skavdahl ruled the federal government …

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Panhandle Wind Farm to Consist of 800 Turbines

That $4.5 billion dollar wind farm announced this week by the American Electric Power Co. would turn out to be the largest in the U.S……one with 800 turbines. PSO and its sister company, Southwestern Electric Power Co. are building the Wind Catcher Energy Connection near Guymon in the Panhandle. Electricity would be provided not only …

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OKC Obtains Solar Energy Growth Recognition

Oklahoma City has been recognized nationally for its efforts to promote solar energy. The city has been awarded a bronze designation by SolSmart, a program funded by the U.S. Department of Energy Sunshot Initiative. The honor was for the city’s efforts in making it easier for people to choose solar energy options. “Solar energy is …

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Oil and Gas Contribute to Oklahoma’s Economic Growth in Early 2017

  Figures released Wednesday from the federal government show Oklahoma’s economy continued with its growth in the first quarter of the year, beating the national trend. And much of it is credited to the state’s resurgence in oil and gas activity. The real gross domestic product, GDP increased by 1.9% in Oklahoma while the national …

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WTI and Brent Crude Advance Wednesday on News of Drop in U.S. Crude Supplies

  Oil prices finished at their highest level in nearly two months, buoyed by government data revealing a fourth straight week of domestic crude inventory declines, according to Bloomberg MarketWatch. On the New York Mercantile Exchange, September West Texas Intermediate crude rose 86 cents, or 1.8%, to settle at $48.75 a barrel. September Brent crude, the …

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PSO Partners With Sister Company on Wind Catcher Project in Guymon

Tulsa-based Public Service Company of Oklahoma announced Wednesday that it will partner with Southwestern Electric Power Co. on the new Wind Catcher Energy Connection project in far northwest Oklahoma, according to a company press release. If approved by the Oklahoma Corporation Commission, the project may provide nearly 40 percent of power from wind for PSO …

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ONEOK Declares 21% Quarterly Dividend

Tulsa-based ONEOK, Inc. increased the energy midstream service provider’s quarterly dividend by 13 cents per share, or 21 percent, to 74.5 cents per share, resulting in an annualized dividend of $2.98 per share, according to a company press release issued on Wednesday. The dividend is payable on August 14, 2017, to shareholders of record at the close of business on August …

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OSU Shotgun Range Possible With Inhofe Amendment to HELP for Wildlife Act

Oklahoma’s senior statesman, U.S. Senator Jim Inhofe, is co-sponsoring S. 1514, the Hunting Heritage and Environmental Legacy Preservation (HELP) for Wildlife Act. Introduced on June 29, 2017 by Senator John Barrasso (R-Wyoming), the bipartisan bill reauthorizes and establishes several government wildlife conservation programs and provides regulatory clarity for sportsmen. Inhofe’s amendment allows land-grant universities like …

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Tallgrass Energy Boosts Bottom Line With $350 Million in Strategic Acquisitions Since May

Kansas-based Tallgrass Energy Partners, LP has completed nearly $350 million in strategic acquisitions by its terminals and water services businesses since May 2, according to a company press release issued on Wednesday. “Today’s announcements clearly demonstrate TEP’s expansive footprint and ability to grow through strategic and accretive acquisitions as well as through organic commercial development,” …

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