April 11, 2018 archive

Annual Meeting for Williams Cos. to be Held May 10

The Williams Cos. Inc. is planning its annual shareholders meeting on May 10 in Tulsa. In a proxy statement filed with the Securities and Exchange Commission, the company stated the meeting will include the election of 10 director nominees. “We are not aware of any matter to be presented at the annual meeting that is …

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Checklist for Scott Pruitt’s Scandals

Anyone who tries to follow the political controversies that keep growing around EPA Administrator Scott Pruitt needs a scorecard. From his exorbitant travel expenses to the secure phone booth for his office to the room  he rented from an Oklahoma energy lobbyist, it’s fuel for his critics. Consider how Politico’s Morning Energy Report laid out …

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Watchdog Not Giving Up—-Files 2nd Suit Against AG Hunter

Even though Oklahoma Attorney General Mike Hunter has released the Tar Creek Superfund site he previously claimed was not a public record, it isn’t enough for the Washington D.C. based Campaign for Accountability. The watchdog group filed yet another lawsuit against Hunter in Oklahoma County District Court, the same court where it sued him last …

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Oklahoma Wind Farm Operator Expanding With a Farm in South Texas

A Spanish company with a handful of wind farms in Oklahoma has announced plans to build a $200 million wind farm in Texas. The new Palmas Altas by ACCION Energia will be located near Brownsville and close to the San Roman wind farm that powered up more than two years ago. ACCION said the newest …

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Oil and Gas Groups Didn’t Like the Tax Hikes—-Moody’s Did

The tax hikes fought by the oil and gas and wind groups in Oklahoma did one thing—they evoked what State Treasurer Ken Miller called “positive words” from Moody’s Investors Service. One of the big three bond rating agencies, Moody’s said this week, “Oklahoma overcomes political gridlock and passes revenue bill for first time in decades, …

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The Latest Permian Basin Sale Totaled $1.75 billion in cash

A week doesn’t go by when another big sale is announced about holdings in the Permian Basin. This week’s is a $1.75 billion cash deal in which Brazos Midstream Holdings LLC of Fort Worth and its financial sponsor Old Ironsides Energy have entered into an agreement to sell their Delaware Basin subsidiary companies to North …

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Fight Brews Over Colorado Study of Living Close to Oil and Gas Wells

A new study by the University of Colorado finds those who live near oil and gas facilities might have a higher risk of getting cancer and other diseases. But one oil and gas group says the researchers have it wrong. Researchers at the Colorado School of Public Health as well as NASA and the Boulder …

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Governor Signs Bills on Education Funding

Just a few weeks after signing a bill into law to increase the gross production tax on oil and gas in Oklahoma, Gov. Mary Fallin has signed a bill repealing a $5 tax on hotel and motel rooms. She also signed two others that are estimated to replace the revenue to help fund teacher pay …

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