Water Appreciation Day to be April 17

  The 13th annual Water Appreciation Day in Oklahoma will be held next week. Governor Kevin Stitt signed a proclamation declaring April 17 as Water Appreciation Day. An exhibition will be located in the 4th floor rotunda of the State Capitol from 9 a.m. to 3 p.m. Water-focused groups will showcase the importance of Oklahoma’s …

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AOC’s latest climate change claim makes for a pause by her critics

Green New Deal author, Rep. Alexandria Ocasio-Cortez has again caused her critics to shake their heads in disbelief. She now contends the crisis at the border with Mexico is caused by—-climate change. She blamed the migrant problem on climate change but only after professing the U.S. will “have blood on our hands” if climate legislation …

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Williams sells half ownership of gas gathering system in Wyoming

Tulsa’s Williams Companies, Inc. has sold a 50 percent interest in its Jackalope Gas Gathering Services LLC in Wyoming in a $485 million deal. Crestwood Equity Partners LP based in Houston acquired the half ownership in the Powder River Basin operation under the name of Crestwood Niobrara LLC. It was last summer when Williams Partners …

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President signs orders to stop states from blocking energy projects

President Trump on Wednesday signed two executive orders not only making it harder for states to block construction of energy projects but also speeding up the processing of pipelines. “Too often, badly needed energy infrastructure is being held back by special interest groups, entrenched bureaucracies and radical activists,” said the President in Houston. He signed …

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Mineral Rights bill slips through Senate committee

The bill to give mineral rights owner the ability to sue municipalities for restricting oil and gas use survived a vote this week in the Oklahoma Senate Judiciary Committee. By a vote of 7 to 5, House Bill 1250 co-authored by Sen. Mark  Allen, R-Spiro and Rep. John Pfeiffer,  R-Orlando won approval after the enacting …

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Higher oil and gas tax collections reported in Oklahoma

Gross production tax collections on oil and gas were up again in March as Oklahoma’s general revenue fund collections increased as well. The Office of Enterprise Management Services released figures this week showing gross production collections were $74.1 million for March or $26.7 million above the estimate. The collections were also 136.4 percent or $42.8 …

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NORDAM flies out of bankruptcy

Aerospace manufacturer NORDAM announced it has emerged from bankruptcy after nearly crash-landing and filing Chapter 11 reorganization nearly 9 months ago. The Tulsa-based company stated that all creditors will get full payment. The emergence came after NORDAM.’s reorganization plan was approved by the U.S. Bankruptcy Court for the District of Delaware. NORDAM’s approval also came …

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Electric car maker Fisker looking at 11 states for new manufacturing site

Electric-car maker Fisker is looking for a place to build a new manufacturing plant and eleven states are under review. Oklahoma is not one of the states. But the list includes California, Georgia, Indiana, Kentucky, Michigan, Missouri, North Carolina, Ohio, Tennessee, Texas and Virginia. Fisker is based in Los Angeles and is in the process …

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Investment group reports sale of 7 million shares in NGL Energy Partners

A New York based investment group reported the recent disposal of more than 7 million shares in Tulsa’s NGL Energy Partners LP. HIghstar NGL Prism/IV-A Interco LLC made a filing with the Securities and Exchange Commission showing its sale of 7,468,874 shares in NGL at a price of $9.918 per share. Oaktree Capital Group Holdings …

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Net Neutrality bill declared ‘dead on arrival’ in US Senate

You can forget any efforts in the U.S. Senate this year to restore the 2015 net neutrality rules adopted when President Obama led the country. This week, U.S. Senate Republican leader Mitch McConnell said the Democratic effort was “dead on arrival in the Senate.” His comments came as the House debated the plan to reinstate …

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