ONEOK is sticking with an arrangement to transfer and price crude oil with a Houston-based operation rather than the Cushing Hub. The announcement this week came from Intercontinental Exchange, Inc., a leading global provider of technology and data. It stated that Enterprise Products Partners L.P. and ONEOK, Inc. have extended their fee waiver arrangement between …
January 2025 archive
Scott Mitchell talks energy with Jerry Bohnen and the Ethics probe of Todd Hiett
Electeds behaving badly? It’s the topic of Scott Mitchell Talks Energy with Jerry Bohnen. They review the state Ethics Commission move to reveal it is investigating complaints against Corporation Commissioner Todd Hiett.
New Mexico’s next governor could be former Interior Secretary Haaland
As former North Dakota Gov. Doug Burgum awaits a confirmation vote this week in the U.S. Senate, what about the woman he is expected to replace? Remember Deb Haaland, the former New Mexico congresswoman chosen by President Joe Biden to be his Interior Secretary? The 35th generation New Mexican who is a member of …
Speaker’s anti-energy corridor resolution raises a big question
When the Oklahoma legislature goes into session on Monday, one of the measures it will consider is House Speaker Kyle Hilbert’s proposal to fight any proposed energy transmission corridor in the state. Unanswered is whether the Speaker’s plan is to oppose an ongoing transmission project supported by Invenergy. Hilbert originally filed HCR1001 when word …
No change in dividend announced by Alliance Resources
Tulsa-based coal company, Alliance Resource Partners, L.P. announced its board of directors approved a 70 cent cash distribution to shareholders for the quarter that ended Dec. 31, 2024. The annualized rate of $2.80 per unit will be payable on Feb. 14, 2025. The company, considered the largest coal mining operator in the eastern part …
Kansas farm groups want tax credit to sell more ethanol
Kansas farm groups joined forces with energy companies this week in asking the legislature to support a $5 million annual state tax credit to encourage relucant gas station operators to sell more ethanol made from Kansas-grown crops. They see it as a move to incentivize the operators to expand distribution of E15 fuel. According …
Legislator makes another attempt to control competitive bidding on electric transmission projects
State Rep. Trey Caldwell is making a third attempt to create what he says is not a ROFR or Right of First Refusal bill in the legislature. Three of the measures he filed for the approaching legislative session are HB2747, HB 2751 and HB2756. The three focus on the Oklahoma Corporation Commission, competitive bidding, …
Energy briefs
** U.S. Transportation Secretary Sean Duffy signs an order seeking to roll back fuel economy standards enacted by President Biden, arguing that “artificially high” fuel efficiency rules raise costs for consumers. ** Vermont is the latest state to impose a fee on owners of electric vehicles to make up for lost gas tax revenue, an approach that has …
Well plugging in Oklahoma at risk in Trump’s funding freeze
The Oklahoma Corporation Commission has less than a week to learn whether its federal funding to plug abandoned oil and gas wells is among those programs frozen by President Trump’s latest order. A Federal judge put a temporary hold on the freeze minutes before it was to take effect Tuesday evening. The freeze was …
Slight gains for crude on Tuesday
Crude oil prices recorded small gains in Tuesday’s trading, enough to rebound from lows over the past few weeks. The rebound came after President Trump said he plans to issue tariffs this week on imports from Canada and Mexico. Plus, there was the issue of growing fears about weaker demand due to soft economy …