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NGL to Release Earnings Report Thursday and Hold Earnings Call on Friday
Tulsa-based NGL Energy Partners LP plans to host an earnings call on Friday to discuss its financial results for the fiscal year that ended March 31, 2016. The 9 a.m. CDT call will be available to analysts, investors and other interested parties. The call will also come after NGL distributes its earnings press release following …
Lankford Shows No Letup in Criticism of Obama over Green Climate Fund and Zika Research
U.S. Sen. James Lankford has renewed his political point over the President’s threatened veto of the Senate’s approval of $1.1 billion in “emergency” spending to fight the spread of the Zika virus. Now he’s used the pages of The Daily Signal to make his point. As the Senator pointed out in a senate floor speech, the …
Attorneys General Want EPA to Stop Spending Dollars on Suspended Clean Power Plan
The Attorneys General in Texas and West Virginia are asking the Environmental Protection Agency to stop spending taxpayers dollars to comply with the halted Clean Power Plan. “The entire point of the Supreme Court’s extraordinary action in putting a stop to the Power Plan was to preserve the status quo pending the outcome of the …
EPA Sued by New Mexico Over Colorado Gold Mine Spill
The state of New Mexico has filed a lawsuit against the U.S. Environmental Protection Agency over last summer’s toxic spill from the Gold King Mine north of Durango, Colorado. The suit, which also named two miner owners was filed by New Mexico Attorney General Hector Balderas in U.S. District Court in Albuquerque. It alleges …
Siemens Signs First Long-Term Maintenance Contract for Woodward Wind Farm
The wind-energy firm Siemens has signed a contract to provide another 15 years of service and maintenance at the 152-megawatt Keenan II wind farm near Woodward. It is the first long-term Balance of Plant wind service agreement in the U.S. for the company.. The customer is CPV Keenan II Renewable Energy Company headquartered in Silver …
Gasoline Prices Jump in Oklahoma to hit New Average of $2.08 a gallon
Oklahoma’s gasoline prices jumped nearly 8 cents in the past week, reaching a new average of $2.08 a gallon, according to the latest report from AAA Oklahoma. A week ago, the average was $2 a gallon. Nationally, the gas prices are at their highest point for the year, just days away from the start …
Group Plans LPG Fracking to Get around New York’s Fracking Ban
Some farmers in New York think they’ve found a way to get around the state’s new law that banned hydraulic fracturing using water. Their method? Liquefied Petroleum Gas. The Snyder Farm Group, according to Natural Gas Now, has contracted with the Texas-based Tioga Energy Partners to use propane fracking technology which is not banned by …
Tapstone’s Tom Ward Says $75 oil is Needed for Major Jump in Oil Production
Oklahoma City based-Tapstone Energy chairman Tom Ward says if the nation is ever going to see any major increase in oil exploration and production, prices will have to hit $75 a barrel. Not $50. It’s what Ward told CNBC’s “Squawk Box” in a recent appearance, stating, “In our business, the dirty little secret is you …
Oklahoma’s Job Rate Grows—So does Government Employment
Oklahoma’s employment number sagged more causing the state’s unemployment rate to increase by a tenth of a percentage point to reach 4.5 percent, according to recent numbers released by the Oklahoma Employment Security Commission. The movement upward represented the fourth straight month of increases while the 4.5 percent rate was also two-tenths of a point …
Downturn Claims Another Bakken Oil Firm
While the oil boom continues falling apart in North Dakota, it has claimed the venture capital firm, Intervention Energy, which filed for Chapter 11 bankruptcy in recent days. The firm, one of the largest companies focused on developing the Bakken and three forks areas in the Williston Basin, listed more than $140 million in debt …