January 29, 2018 archive

Tulsa in Talks to Move Gas Transfer Company Near Proposed BMX National Headquarters

The city of Tulsa finds itself in a possible challenge as it wants to develop land north of downtown as the site for USA BMX headquarters and arena. There’s a liquid butane storage company near the 22.3 acre site.  Mayor G.T. Bynum was to meet this week with the owner of the 2nd Base company …

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Nation’s Rig Count Grows While Oil Prices Go Up

With oil prices in the upper 60-dollar a barrel range, the nation’s rig count grew by eleven in the past week to reach 947 while the count in Oklahoma fell by four. The nation’s count is up 235 from a year ago and in the past week saw a dozen more oil rigs added to …

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Gasoline Prices Jump to $2.41 average in Oklahoma

 Gasoline prices are up in Oklahoma because of the increase in crude oil prices overseas and in the U.S.  AAA Oklahoma reports the statewide average is $2.41 a gallon, 6 cents higher than a week ago and 29 cents more a gallon than last year at this time. The increase in Oklahoma ranked the state …

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EPA Surveys Residents Near Tar Creek Superfund Site

The EPA has started surveying those Oklahomans who live and work around the Tar Creek Superfund site in an attempt to learn how their lives are being affected by the environmental dangers. The EPA’s Technical Assistance for Communities group, TASC,  started making inquiries about how much fish the residents eat and how much they play …

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Thumbs Down from Tax Foundation for Step Up Oklahoma’s Tax Plans

  While four living former governors of Oklahoma have endorsed the tax-hike proposals of the group Step Up Oklahoma, the Tax Foundation has not. It is out with a critical analysis of the tax increases proposed by the civic and government leaders who say it’s the path toward solving the state government budget crisis. In …

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Blast Victim to be Buried Tuesday while Federal Probe Continues into Rig Explosion

One of the five workers killed in last week’s drilling rig explosion near Quinton, Oklahoma will be buried Tuesday. The funeral for Matthew Smith of McAlester will be held at the McAlester Southeast Expo Center at 2 p.m.  His family asked that rather than flowers for the funeral, those attending make contributions to help pay …

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OU Energy Symposium to be Held March 15 in OKC

The 6th annual Energy Symposium sponsored by the University of Oklahoma will be held March 15 at the headquarters of SandRidge Energy in Oklahoma City. Sponsored by OU and its Price College of Business Energy Institute, the theme of this year’s symposium is “The Future of Energy.” Keynote speaker will be David Lawler, CEO of …

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Koch Brothers Might See Better Relationship With Trump White House

The Koch brothers gave some indication over the weekend they have settled into something of a working relationship with the Trump White House. At the powerful political network run by brothers Charles and David Koch, founders of the Wichita, Kansas-based Koch Company they gave such an appearance at their semiannual retreat held in Indian Wells, …

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Financial Results to be Released by Great Plains Energy

The holding company for electricity suppliers in Missouri and Kansas, Great Plains Energy will release its 2017 fourth quarter and year-end earnings Feb. 21 after the close of the markets. The next day at 8 a.m. central time, Terry Bassham, chairman, president and chief executive officer will discuss the 2017 earnings and operating results. Great …

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Net Income for Tulsa-based Coal Company Declines Over the Year

Tulsa’s Alliance Holdings GP, L.P. released financial results for the quarter and the year ending Dec. 31, 2017 resulting in a 35 percent increase in its 2017 shareholders distribution compared to 2016. But the results also reflect a continued decline for the coal industry. The Board of Directors for the national coal-mining firm okayed a …

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