Author's posts
Rain and Storms in the Forecast for the Week
Heavy rains, 75 mile an hour winds and golf-ball sized hail are in the forecast for Tuesday across many areas of the state, according to News 9 meteorologist Jed Castles. Tuesday has an 80% chance of storms throughout the day and the storms are in the forecast for the remainder of the week. The high …
Westar Energy Being Sold in $8.6 billion Deal
Westar Energy, the utility that provides electrical power to much of Kansas is being sold in a nearly $9 billion deal to Missouri-based Great Plains Energy. Great Plains made the announcement on Tuesday saying it agreed to the nearly $8.6 billion purchase that is considered to be a major consolidation in the utilities sector. In …
What Trump Proposes in his Energy Plan
In unveiling his energy plan during a recent speech in North Dakota, Donald Trump said the actions of President Obama have denied millions of Americans access to the energy wealth sitting under their feet. He called it “your treasure, and you—the American People—are entitled to share in the riches.” What Trump is proposing an “America …
Trump’s Energy Plan is Panned by Washington Post Editors
Donald Trump’s energy plan that he released last week is being panned rather badly by editors of the Washington Post. They describe it as “illogical” and putting all of your eggs in one supply basket. Writing this week, the editorial board of the Post said Trump’s vision on energy starts with the wrong premise that …
Rep. Mullin Named to Conference Committee on Energy
Oklahoma Congressman Markwayne Mullin is among those named by the U.S. House of Representatives to be on a conference committee with the U.S. Senate in developing the first comprehensive energy package in nearly ten years. The Republican Representative was named by House Speaker Paul Ryan of Wisconsin and House Energy and Commerce Committee chairman Fred …
Bridenstine Says Clean Power Plan is “War on the Poor”
While legal arguments won’t be heard for a few more months on the Obama administration’s controversial Clean Power Plan from its Environmental Protection Agency, a U.S. House subcommittee chaired by Rep. Jim Bridenstine recently explored the plan. It was clear where Bridenstine, a Republican from Tulsa stood on the issue. “The Clean Power Plan does …
Activists to Use “Seeds of Resistance” in Fighting Pipelines
The environmental activist group Bold Nebraska and its off-shoot, Bold Oklahoma are in the midst of raising $3,000 to plant what they call the “Seeds of Resistance” in Virginia and West Virginia to fight two major proposed fracked gas pipelines. Both Bold groups say they’re working to protect land, water and climae in the …
Judge Now Must Decide if ETE Can Break Off Merger With Williams Cos.
The ball is back in Williams Companies’ court after its proposed merger-partner, Energy Transfer Equity L.P. filed a counterclaim lawsuit against Williams last week. The legal action came after a judge in Dallas County, Texas granted a motion to dismiss a related lawsuit brought by Williams against Kelcy Warren, the billionaire owner of ETE. The …
NGL Posts 4th Quarter Loss of $207 million
Tulsa-based NGL Energy Partners LP recently reported a net loss of $207 million for the quarter ending March 31, 2016, which was also the end of the company’s fiscal year. It also said it made gains related to the sale of TLP GP and the early extinguishment of debt totaling $158.9 million. The adjusted EBITDA …
Iowa Based Energy Group Offering $132 million in Senior Notes
Ames, Iowa-based Renewable Energy Group, Inc is offering $132 million in senior notes in a sale that will end Thursday. The sale consists of 4.00% convertible senior notes due 2036 in a private placement to the qualified institutional buyers. The company has also granted the initial purchases an option to purchase up to another $20 …
