Houston’s Enterprise Products just plunked down more than $3 billion in the acquisition of natural gas processing facilities in the Permian Basin. Enterprise acquired Navitas Midstream Partners in a $3.25 billion deal that included 1,750 miles of pipelines and nearly 1 billion cubic feet per day of natural gas processing capacity reported the Carlsbad …
Category: General
U.S. Steel to build new mill in NE Arkansas
Northeast Arkansas is the choice by United States Steel Corp. for its $3 billion mill where up to 900 workers will be hired. The Pittsburgh-based company announced this week it picked Osceola for the site of its new mill and construction is expected to begin early this year reported the Associated Press. Click here …
Federal court overrules Oklahoma’s blocked train law
The Denver Federal Appeals Court has ruled in favor of Burlington Northern Railway in its fight against an Oklahoma law limiting a 10-minute blocking of traffic by its stopped trains. The Oklahoman reported the ruling from the 10th U.S. Circuit Court of Appeals explained the Interstate Commerce Commission Termination Act gives the federal Surface …
Hern Says Small Businesses Suffering From Inflation, Supply Chain Disruption
U.S. Representative Kevin Hern (OK-01) released the following statement following the release of December inflation statistics and their impact on small business optimism from the National Federation of Independent Business (NFIB). “Biden’s policies are directly harming small businesses,” said Rep. Hern. “Expansion of the welfare state, overreaching government mandates, and out of control federal spending are crippling …
Brooke Poole Clark Announced as Secretary to Nuclear Regulatory Commission
The Nuclear Regulatory Commission (NRC) announced the selection of Brooke Poole Clark as the new Secretary to the Commission effective Spring 2022. In her new position, Clark will provide executive management services to support the Commission and implement NRC decisions. The Office of the Secretary serves a critical role at the agency and is …
Millions in Community Disaster Loan Balances Canceled by FEMA
The Federal Emergency Management Agency (FEMA) announced that it is cancelling the repayment of over $870 million in outstanding community disaster loan balances. The Community Disaster Loan Program is available to local governments that have been adversely affected by major disasters. The cancellation is a result of congressional legislation in the continuing budget resolution that …
PSO Receives National Honor for Hurricane Ida Relief Efforts in Louisiana
When citizens and other states suffer catastrophic losses, Oklahomans are always near offering care through acts of service and kindness. During the aftermath of Hurricane Ida’s massive destruction in Louisiana, the employees of Tulsa-based Public Service Company of Oklahoma were quick to help. Their relief efforts were recently recognized with Edison Electric Institute’s Emergency Response …
Oil jumps nearly 4% and Oklahoma energy stocks rose too
A tight supply as well as optimism that the spread of the Omicron variant won’t derail a global demand recovery prompted crude oil prices to soar 4% on Tuesday. Oklahoma energy stocks soared too. West Texas Intermediate crude for February delivery went up 10 cents to $81.32, a change of 0.12% in trading on …
Funds available for Water and Wastewater Infrastructure
The Oklahoma Department of Environmental Quality is reaching out to local governments regarding funding available because of the COVID-19 pandemic and how it might be used for water solutions. The American Rescue Plan Act (ARPA) provides money to state, local, and tribal governments negatively impacted by the pandemic. These funds may be used by …
Rep. Roberts named to Energy Committee
Rep. Eric Roberts, R-Oklahoma City, was recently appointed to the Energy & Environment Committee for the Council of State Governments (CSG) by House Speaker Charles McCall, R-Atoka. CSG is the nation’s largest nonpartisan organization serving all three branches of state elected and appointed officials. The Energy & Environment Committee hosts regional summits to exchange ideas …