Author's posts
Texan’s Lawsuit Still Alive Against TransCanada’s Gulf Coast Pipeline
A judge’s recent ruling in Texas is keeping alive a man’s lawsuit against TransCanada’s southern route of the Keystone XL pipeline, the one completed two years ago carrying oil from Cushing south to the Gulf Coast refineries. Texas landowner Michael Bishop filed suit, accusing TransCanada for “fraud, conspiracy to commit fraud, misrepresentation, perjury, theft, bribery, …
TransCanada Moves Ahead with Texas Lawsuit Against White House
TransCanada Keystone Pipeline LP is still fighting the Obama administration in the President’s rejection of the Keystone Xl pipeline. It recently urged a Texas federal judge to nullify the administration’s denial of the cross-border permit for the pipeline. In a filing in Houston, TransCanada argued the President’s action and claim of constitutional authority lacks historical support. …
US Ethanol Exports Fell 42% in May
Figures released this week by the U.S. Energy Information Administration showed U.S. ethanol exports for May fell to a 9-month low. They totaled 55.7 million gallons, a drop of 42% or 40 million gallons from April. The Renewable Fuels Association indicated that Canada replaced China as the top destination. Nearly 21.5 million gallons were shipped …
Oklahoma’s Still in a Recession….Oil and Gas Revenue Sees Slight Improvement
The news this week from Oklahoma State Treasurer Ken Miller did not give much indication the state’s economy was improving. If anything, it’s just bumping along with only a slight improvement in gross production tax collections on oil and gas. Otherwise, the state remains in the recession it entered a year ago. “Receipts from all …
SandRidge Bankruptcy Hits a Bump in the Road
Ever since filing for Chapter 11 bankruptcy in May, leaders of Oklahoma City-based SandRidge Energy have been busy with one filing after another in the southern District of Bankruptcy court in Texas. It’s clear the bankruptcy is not going as smoothly as some on either side would prefer. Recently, the company’s official committee of unsecured …
Norman Residents Threaten Lawsuit Over Oil Pipeline Project
A city committee in Norman has voted in favor of approving construction of a the Red River Pipeline by Plains All American, despite objections of city residents. The pipeline company is the same one that was indicted by the state of California in May for last year’s oil spill near Santa Barbara, California. The Floodplain Permit …
States Push Ahead with Legal Fight Against EPA’s Clean Power Plan
Updating the legal fight that 24 states have with the Environmental Protection Agency over the agency’s carbon emissions reduction plan on new power plants, the states are asking the D.C. Circuit to review EPA’s rejection of their plea. It was last fall when the states filed lawsuits challenging the President’s environmental agenda and his signature climate …
Company Sues to be Repaid $100 million for pipeline construction
A lawsuit’s been filed in Georgia by a company that claims it was mislead by Mississippi Power Company into building a $100 million pipeline. The Associated Press says Treetop Midstream Services, an affiliate of an oil company that planned to pump carbon dioxide underground to force out oil sued Atlanta-based Southern Co. and its Mississippi …
Chesapeake Energy Directors Increase Ownership
Members of the Board of Directors at Chesapeake Energy have increased their holdings in the Oklahoma City energy company. Filings made with the Securities and Exchange Commission reflected acquisitions of company shares for the directors as well as a newly-named executive. The filings reflected that $0 was paid for most of the shares. Board chairman …
Oil and Gas Industry Workforce Continues Decline in Oklahoma
Those recent county breakdowns of state jobless figures in Oklahoma also reflected a continuing loss of workers in the oil patch. The number of people employed in Oklahoma’s oil and gas industry in May totaled 15,300, a drop of 200 from April 2016. It was also 3,700 less than May of 2015, according to figures …
