January 26, 2018 archive

Expansion of Cushing to Illinois Pipeline System

Operators of a pipeline carrying crude oil from Cushing to Illinois have announced an expansion of their 433-mile line. MPLX LP subsidiaries MPLX Ozark Pipe Line LLC and Marathon Pipe Line LLC announced the start of the open season  for two lines, the Ozark 22-inch and the Woodpat 22-inch line. The open season will continue …

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PSO Plans Public Meetings on Proposed Power Line in Northern Oklahoma

Public Service Co. is planning a series of community meetings in the coming weeks about its plans for construction of a transmission line to carry electricity from its proposed giant Windcatcher wind farm in the Oklahoma Panhandle. PSO wants additional comments about 2 alternate routes for the line that will stretch from  the Panhandle to …

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Oklahoma Solar Company Operators Wonder About Impact of New Solar Tariffs

Oklahoma might not have the biggest solar industry in the country but its operators still wonder how the newly-imposed solar tariffs will affect them. “I’m sure it’ll have a little bit of an effect as far as pricing,” said Chris Gary with Sun City Solar in Oklahoma City.  He was interviewed by News 9. “Any …

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Rep. Bridenstine Faces More Opposition to Become NASA Administrator

Oklahoma Congressman Jim Bridenstine’s path to becoming the next administrator of NASA just got bumpier—-thanks to another Republican in the U.S. Senate. Renominated this year by President Trump, Bridenstine, the Republican from Oklahoma’s 1st Congressional District narrowly won approval in the Senate Commerce, Science and Transportation Committee. The committee passed his nomination out on a …

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Tulsa’s NGL Energy to Release Earnings Feb. 9

We’ll soon learn how profitable 2017 and the fourth quarter were for Tulsa’s NGL Energy Partners LP. The company plans an earnings call on Friday, Feb. 9, 2018 at 10 a.m. Oklahoma time. Leaders will discuss the financial results for the quarter ending Dec. 31, 2017. NGL will distribute its earnings press release prior to …

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4Q Cash Distribution at Cypress Energy is Flat

A fourth quarter cash distribution has been announced by Tulsa’s Cypress Energy Partners, L.P. The company declared a cash distribution of $0.21 per limited partner unit, an amount unchanged from the third quarter of 2017. It will be payable Feb. 14, 2018 to all unitholders of record on Feb. 7, 2018. Cypress is a company …

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53rd Straight Quarterly Distribution Increase Announced by Holly Energy Partners

Holly Energy Partners, L.P., the Dallas company with refining and pipeline operations in Oklahoma declared a cash distribution of 65 cents for the fourth quarter of 2017. The company said the distribution compares to the 60 cents distributed in the fourth quarter of 2016.  Holly Energy has increased its distribution to unitholders every quarter since …

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