The deadly gas explosion that killed two men last year in a suburb of Denver, Colorado has led to a growing fight between shale drillers and homeowners. The oil and gas industry is in a fight as environmentalists and homeowners want new rules mandating precise and comprehensive public mapping for underground lines. Colorado Gov. John …
Former Astronaut Nominated to Head USGS
Oklahomans have become all too familiar with the U.S. Geological Survey over the past five years, thanks to earthquakes. They soon might get to know the man who has been nominated to run the agency. Now, President Trump has nominated former astronaut and Texas geologist James F. Reilly II to head the USGS, the science …
Energy Transfer Announces Quarterly Cash Distribution
A quarterly cash distribution of $0.565 per unit was announced this week by Energy Transfer Partners, L.P. based in Dallas. The distribution is for the fourth quarter that ended December 31, 2017 for the company that once tried to merge with Williams Cos. of Tulsa before it ended in messy legal battles. The payout will …
Tulsa in Talks to Move Gas Transfer Company Near Proposed BMX National Headquarters
The city of Tulsa finds itself in a possible challenge as it wants to develop land north of downtown as the site for USA BMX headquarters and arena. There’s a liquid butane storage company near the 22.3 acre site. Mayor G.T. Bynum was to meet this week with the owner of the 2nd Base company …
Nation’s Rig Count Grows While Oil Prices Go Up
With oil prices in the upper 60-dollar a barrel range, the nation’s rig count grew by eleven in the past week to reach 947 while the count in Oklahoma fell by four. The nation’s count is up 235 from a year ago and in the past week saw a dozen more oil rigs added to …
Thumbs Down from Tax Foundation for Step Up Oklahoma’s Tax Plans
While four living former governors of Oklahoma have endorsed the tax-hike proposals of the group Step Up Oklahoma, the Tax Foundation has not. It is out with a critical analysis of the tax increases proposed by the civic and government leaders who say it’s the path toward solving the state government budget crisis. In …
Blast Victim to be Buried Tuesday while Federal Probe Continues into Rig Explosion
One of the five workers killed in last week’s drilling rig explosion near Quinton, Oklahoma will be buried Tuesday. The funeral for Matthew Smith of McAlester will be held at the McAlester Southeast Expo Center at 2 p.m. His family asked that rather than flowers for the funeral, those attending make contributions to help pay …
OU Energy Symposium to be Held March 15 in OKC
The 6th annual Energy Symposium sponsored by the University of Oklahoma will be held March 15 at the headquarters of SandRidge Energy in Oklahoma City. Sponsored by OU and its Price College of Business Energy Institute, the theme of this year’s symposium is “The Future of Energy.” Keynote speaker will be David Lawler, CEO of …
Koch Brothers Might See Better Relationship With Trump White House
The Koch brothers gave some indication over the weekend they have settled into something of a working relationship with the Trump White House. At the powerful political network run by brothers Charles and David Koch, founders of the Wichita, Kansas-based Koch Company they gave such an appearance at their semiannual retreat held in Indian Wells, …
Financial Results to be Released by Great Plains Energy
The holding company for electricity suppliers in Missouri and Kansas, Great Plains Energy will release its 2017 fourth quarter and year-end earnings Feb. 21 after the close of the markets. The next day at 8 a.m. central time, Terry Bassham, chairman, president and chief executive officer will discuss the 2017 earnings and operating results. Great …