Bloomberg Energy Leader Cautions Targeting Renewable Energy

A top Bloomberg energy research director was in Oklahoma this week meeting with state legislators and promoting renewable energy resources—especially the state’s wind industry. But Ethan Zindler, head of the U.S.Research at Bloomberg New Energy Finance Limited also had some words of caution as the legislature moves toward more actions to remove tax credits and …

Continue reading »

Legislator Files Federal Lawsuit Over Tracking Device on his Truck

  The Oklahoma legislator who thinks his anti-wind energy stance resulted in a private detective planting a tracking device on his vehicle, has filed suit in Oklahoma City federal court against a Texas political consultant. Rep.Mark McBride’s lawsuit was filed this week against George C. Shipley, the Austin political consultant accused of hiring someone to …

Continue reading »

Noble Energy Makes $15 million Purchase of Interest in West Texas Pipeline

Houston-based Noble Energy Partners is buying a 19% equity interest for $15 million in the Midstream Access Pipeline of West Texas. The pipeline is a network of 90 miles of high and low-pressure lines in Upton and Midland counties located in and around Midland and Odessa, Texas. It went online in 2015 and has a …

Continue reading »

Biofuel Leaders Plead With President Trump to Keep Renewable Fuel Standard

Some 150 leaders of American biofuel companies sent a letter to President Trump this week urging him to support and maintain the current Renewable Fuel Standard.  They warned the President that any changes to the RFS and the Renewable Identification Number system would negatively impact ethanol and biofuel producers. “Like hundreds of thousands of others …

Continue reading »

Appeals Court Judges Amazed at Polluting Texas Power Plant

Fifth Circuit Court of Appeals Judges in New Orleans couldn’t believe how one of the nation’s dirtiest coal-fired electric power plants in Texas has been allowed to operate without permits for eleven years. A three-judge panel heard arguments this week in the case brought by the Sierra Club against Luminant’s Martin Lake power plant southwest …

Continue reading »

Wildfires Plague Kansas Again

Wildfires this week darkened thousands of acres in Oklahoma and Kansas but the biggest loss was in Kansas where at least 25,000 acres burned. A wildfire in Ellis county in northern Kansas prompted the evacuation of the small town of Catharine near Hays. Highway patrol troopers went from farm to farm, urging people to flee. …

Continue reading »

Devon Announces Sale of $553 million in Barnett Shale Holdings

Oklahoma City’s Devon Energy announced Thursday it has reached an agreement to sell the southern portion of its Barnett shale position in north Texas for $553 million.  At the same time, the company has made an offer to purchase $1 billion in debentures held by investors. The sale of the Barnett shale holdings is expected …

Continue reading »

ODOT Okays More Road and Bridge Projects in State But Warns Budget Cuts Will Slow Some

The Oklahoma Transportation Commission was warned this week that budget cuts signed into law last month by the governor will undoubtedly slow progress in many road and bridge projects. The projects fall under the state’s County Improvements for roads and Bridges program. “While no future projects have been removed from the five-year CIRB plan due …

Continue reading »

Blueknight Energy Reports 4th Q 2017 Loss But is Rebounding for 2018

Oklahoma City-based Blueknight Energy is reporting a drop in its fourth quarter 2017 net income. At the same time, business has picked up in the STACK and SCOOP giving optimism to corporate leaders. Released late Wednesday, the report showed net income of $0.4 million compared to $2 million for the same period in 2016. The …

Continue reading »

State School Board to Consider Computer Science Standards

The Oklahoma State Board of Education will hold a special meeting on Thursday, March 7 to comply with new 2 percent budget mandates. But it will also consider computer science standards that, if approved, will result in Oklahoma joining nine other states with computer science standards and only two with grade-specific expectations. “Computer science is …

Continue reading »