Open season announced on another pipeline out of the Permian Basin

Phillips 66 Partners and Kinder Morgan, Inc. have announced the start of a joint open season on a joint pipeline operation to move more oil out of the Permian Basin to the Houston Ship Channel. The season applies to the Gray Oak Pipeline. The joint transportation service offering from the two firms is part of …

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Cactus Drilling to release earnings report

Cactus, Inc., a Texas company with extensive drilling operations in Oklahoma’s STACK and SCOOP plays plans to release its earnings report in a few weeks. The Houston company says it will issue the fourth quarter and full-year 2018 report after the close of markets on Wednesday, March 6. The company’s management will hold a conference …

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SEC filing made by shareholder in Chesapeake Energy

A filing with the U.S. Securities and Exchange Commission was made this week by a shareholder in Oklahoma City-based Chesapeake Energy. The filing was an explanation of ownership of shares by the Carlyle Group based in Washington, D.C. The group and its various firms hold 172,897,387 shares in Chesapeake. The ownership is actually under the …

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Still another US House committee holds climate change hearing

  It seems as if there have been and will be one House hearing after another into climate change on capitol hill. The latest is entitled “The State of Climate Science and Why It Matters.” The Democrats in control of the House Committee on Science, Space and Technology will hold the hearing on Wednesday, Feb. …

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Sen. Inhofe says arrival of KC 46 in Altus was “incredible weekend”

Oklahoma U.S. Sen. Jim Inhofe who chairs the Senate Armed Services Committee was still so excited over last week’s arrival of the first KC 46 refueling tanker at Altus Air Force Base he tweeted a statement on Monday. “What an incredible weekend. The KC-46 is back home in Oklahoma and ready to help in the …

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Legislator targets drones over rural Oklahoma

Oklahoma lawmakers are discussing proposed legislation to regulate the flying of drones over private property in rural areas. The legislative measure would forbid the flying of unmanned aircraft over rural properties unless the pilot is employed by the state or federal government, law enforcement, utility, oil and gas companies or is part of a commercial …

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Labor Commissioner wants audit to show she’s starting with a clean slate

 The Oklahoma Department of Labor has requested a turnover audit from the office of the State Auditor. “Under the new Stitt administration there is an increased call for transparency and effective use of taxpayer dollars”, stated Labor Commissioner Leslie Osborn.  In that vein we are requesting a financial audit of our agency to show a …

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SEC filing by Chesapeake Energy

A new filing with the U.S. Securities Exchange Commission by Oklahoma City-based Chesapeake Energy reflects ownership of company shares by The Vanguard Group. The filing showed the Group, based in Malvern, Pennsylvania owns 8.81% of the company shares totaling 80,569,098 that are beneficially owned. Vanguard owns 457,323 shares with a sole voting power and another …

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Democrats to hold another climate hearing

Oklahoma Congressman Markwayne Mullin and other Republicans on the House Energy and Commerce Committee have an idea where Democrats want to go when another hearing is held Tuesday. The nation’s climate. This time, the Democratic leadership of the 55-member committee wants to explore what it calls “wasted energy.” The hearing is entitled “Wasted Energy: DOE’s …

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Gasoline prices increase in Oklahoma and surrounding states

Gasoline prices rose in the past week in the U.S. and in Oklahoma where some places saw increases of 9 cents a gallon. AAA Oklahoma reports the state’s new average price is $1.99 which is 5 cents higher than last week at this time. The national average is $2.28 which also rose 2 cents per …

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