Ever wonder just how profitable some of those big truck stop companies are? Travelcenters of America, with operations throughout Oklahoma is out with its quarterly and year-end financial results. Its total revenues for 2017 came to more than $6 billion while the fourth quarter revenues totaled $1.5 billion, up from the $1.4 billion reported in …
BNSF Railway company, the firm that recently announced plans to spend $100 million on rail improvements in Oklahoma is taking another state to court. The company wants to join a lawsuit filed by Lighthouse Resources against Washington Governor Jay Inslee and members of his administration, accusing them of violating the U.S. Constitution and other federal …
Murphy Oil in El Dorado, Arkansas announced this week the election of Louis W. Utsch to be Vice President of Tax by the board of Directors. He succeeds Tim Butler who is retiring from the company. Utsch joined the company in January as Senior Tax Director. He has more than 20 years of experience at …
Tulsa’s NGL Energy Partners LP announced it has entered a $45 million joint venture with Magnum Liquids LLC to focus on storage of natural gas liquids in the salt caverns located southwest of Salt Lake City, Utah. It is the site of NGL’s Sawtooth Storage facility and there are 5 underground salt caverns. The venture …
While Oklahoma gasoline prices average $2.36 a gallon, AAA Oklahoma is warning motorists of a price spike putting prices they haven’t seen since 2015. The automobile association says on average, most drivers across the U.S. have paid 25 cents more a gallon for gasoline. But AAA is now forecasting the national gas price average to …
