Author's posts
What a Difference a Year Made for Anadarko Petroleum
A year ago, Anadarko Petroleum Corp. reported making a profit in the second quarter of the year. This year, it’s a different story as the Houston, Texas based firm reported a second-quarter loss of $692 million. Its losses were $1.36 a share basis and adjusted for non-recurring costs, they came to 60 cents per share. …
Cap Expenses Cut a 3rd Time by ConocoPhillips
A few days after ConocoPhillips announced the cut of a thousand workers from the company payroll, causing some consternation in the company’s Bartlesville operation, the firm reported a cut in its 2016 budget for the third time this year. Amidst the crude oil slump that’s now in its second year, the company cuts the capital …
Texas Firm Gets Approval for Pipeline Across Iowa
DES MOINES, Iowa (AP) — The Texas company planning a crude oil pipeline that will cut across Iowa received the final federal permit approvals Tuesday needed to proceed with construction. Documents posted by the Iowa Utilities Board show the U.S. Army Corps of Engineers approved 60 river crossings in Iowa for Dakota Access, a decision …
Oil Leak Contained off Louisiana Coast
Cleanup was underway this week off the coast of southeast Louisiana of an oil spill apparently caused by a leak from an abandoned pipeline. The U.S. Coast Guard said the leak happened near marshland along Lake Grand Ecaille, which is about 60 miles southeast of New Orleans. The owner of the abandoned line is listed …
Pruitt Joins Criticism of Democratic AGs Probing Exxon Over Climate Change
Oklahoma Attorney General Scott Pruitt is one of 13 Republican Attorneys General who recently fired off a letter to the Democratic attorney general in New York and a Massachusetts U.S. Senator chastising them for their climate change probe of Exxon. In the letter, the GOP Attorneys General say that if minimizing the risks of climate change can …
Environmentalists Lose Fight to Stop New Arena where Kevin Durant Will Play
First the Golden State Warriors got the Oklahoma City Thunder’s star Kevin Durant. Now the Bay area team wins a judge’s ruling allowing it to move out of Oakland and build a $1 billion arena in San Francisco’s Mission Bay area. Environmentalists fighting the project say they will ask a California appeals court to overturn the …
Corporation Commission Holds Emergency Session to Meet EPA ‘Wording’ Changes
In a move to comply with “wording” demands of the Environmental Protection Agency, the Oklahoma Corporation Commission will hold a special meeting Thursday to make changes in the definitions in its Underground Storage Tanks rules. “It’s a matter of wording,” explained Matt Skinner, spokesman for the Commission. “We just holding this emergency meeting in order to …
Far southern Texas Natural Gas Pipeline Gets Final FERC Approval
A federal agency has finally given approval of a nearly 200-mile Comanche Trail Pipeline to be built near El Paso in southern Texas. Approval came this week at the Federal energy Regulatory Commission for part of the natural gas pipeline that’s being constructed and operated by Energy Transfer Partners at the U.S. and Mexico boundary …
Interim House Study to Tackle Growing Problem of Wild Pigs in Oklahoma
(From the State House) Suggestions for controlling and reducing the infestation of feral hogs in Oklahoma will be reviewed during an interim legislative study this year requested by three members of the state House of Representatives. The studies were requested by Reps. Brian Renegar, D-McAlester; Kevin Wallace, R-Wellston; and Sean Roberts, R-Hominy. House Speaker Jeff …
Wyoming Moves to Counteract EPA’s Targeting of Coal
Already feeling the impact of the Obama administration’s war on coal, the state of Wyoming has decided to combat the green-energy promoters of the federal government by partnering with Japan. Wyoming Gov. Matt Mead signed an agreement this week calling for cooperation between the state and a consortium of Japanese companies in researching clean-coal technology. …