How it might affect his agency’s work in battling the Environmental Protection Agency and representing consumers in rate cases before the Oklahoma Corporation Commission we don’t know. But Oklahoma Attorney General Scott Pruitt is asking the governor t…
Downturn Creates Chance for Tulsa’s BlueStone Natural Resources to Expand
While many major oil and gas companies are retrenching amidst the energy downturn, Tulsa-based BlueStone Natural Resources is expanding with the recent $245 million purchase of bankrupt oil and gas producer Quicksilver Resources of Fort Worth, Te…
Democrats Charge Flint, Michigan Water Crisis Could Happen in Oklahoma Because of GOP Leaders
Could a Flint, Michigan water incident happen in Oklahoma? J-D Strong, director of the Oklahoma Water Resources Board certainly hopes it couldn’t, based on the trust he has in the Board employees and the Oklahoma Department of Environmental Qual…
Winter Storm Trips Up Crude Prices on Monday
The monster snow storm which hit the northeast U.S. also impacted oil prices, but crude managed to stay above $30 a barrel. March West Texas Intermediate crude slipped $1.85 to end trade at $30.34 a barrel on the New York Mercantile Exchange. March Bre…
Cypress Energy Partners Announces Distribution, Shows Confidence
Cypress Energy Partners will pay out a cash distribution for the fourth quarter of 2015. The Tulsa company’s board of directors approved the distribution of .406413 per limited partner unit which is unchanged from the previous quarter. It is a 4.88 per…
12-year old Energy Lawsuit Goes to Trial in Oklahoma County
Jury selection was scheduled to begin Monday in Oklahoma County District court in a nearly 12-year old lawsuit filed by some taxpayers against ConocoPhillips and the Oklahoma Corporation Commission in a dispute involving nearly $4 million paid to the e…
SandRidge Energy Reportedly Explores Debt Restructuring Options
With a debt burden of nearly $4 billion, Oklahoma City-based SandRidge Energy Inc. reportedly is exploring debt restructuring options. In short, the company could be headed to chapter 11 bankruptcy. As the website Zero Hedge put it in a headline, “San…
AG Won’t Challenge Corporation Commission Judge over OGE Rate Case
Oklahoma Attorney General Scott Pruitt indicates his office will not challenge the recommendation of an administrative law judge at the State Corporation Commission who recommended the commission deny Pruitt’s bid to include $500,000 as consumer expens…
Williams Slashes $1 billion from Capital Expenditures as Prices Remain Low
Tulsa based Williams and Williams Partners have announced they’re slashing their 2016 growth capital funding by nearly $1 billion or 32 percent from the partnership’s previous plans. The new funding goal totals $2 billion and according to the Mon…
Impact of Low Energy Prices on Your 401K
As oil prices fluctuate in the upper 20s and low 30s, it’s also been bad news for the average 401(k) that many Americans have.
A report by News 9 reporter Lacie Lowry indicates the average 401(k) lost $6,500 in the last week weeks. But she found that…