Just what drivers wanted to read—–another traffic delay on I-35 in southern Oklahoma. It’s effective today, Monday and the interstate’s northbound lanes will be narrowed to one lane at miler marker 8 near Thackerville according to the Oklahoma Transportation Department. The delay is in effect from 8:30 a.m. until 4 p.m. for bridge repairs. …
Tulsa’s Williams Partners L.P. is attempting to get federal approval for a project to meet the growing demand for natural gas by northeastern consumers in New Jersey and New York. The company’s Transcontinental Gas Pipe Line Company has filed an application with the Federal Energy Regulatory Commission for authorization of its nearly $85 million Gateway …
Tax breaks for Oklahoma’s coal industry will remain in place following a recent meeting of the Oklahoma Incentive Evaluation Commission. Members voted against repealing the breaks for both the production and purchase of Oklahoma coal, despite a report that showed the credits cost the state $4.4 million. Randall Bauer with PFM Consulting told the commission, …
A 30-cent a share dividend has been declared by the Williams’ board of directors in Tulsa. On an annualized basis, that’s $1.20 a share. The dividend applies to holders of record at the close of business Dec. 8, 2017 on the company’s common stock. It also reflects a continuation of dividends for the company which …
In the Bakkens of North Dakota where some Oklahoma energy companies have invested heavily, one Texas based firm is unloading its assets for $27 million in cash. Earthstone Energy Inc. based in Houston announced the sale “to an unaffiliated party” and the closing should be completed by the end of the year. “The sale of …
On Monday, highway U-S 81 in Chickasha will be closed from 8 a.m. to 5 p.m. for railroad work by Union Pacific Railroad. The site will be just north of US 62 and traffic will be detoured on US 62 to SH-92 to SH-37. The Transportation Department is reminding drivers to plan extra time for …
The Federal Communications Commission has started to reform the controversial Lifeline low-income subsidy program, a move applauded by U.S. Sen. James Lankford who had pushed for reforms for years. The FCC voted recently 3-2 to redefine who is eligible for the additional tribal subsidy through the Lifeline Program. The project helps low-income Americans including Native …
The pay of the legislators who make the decisions directly affecting Oklahoma’s energy industry—–wind, coal, electricity and oil and gas—-is being cut. And at least one legislative leader doesn’t like it. The Legislative Compensation Board voted Thursday to reduce the salaries of legislators by 8.8% effective in November 2018. But House Speaker Charles McCall was …
A new federal government report reveals U.S. coal production dropped nearly 19% in 2016 and the same decline was reflected in Oklahoma’s coal mining operations. U.S. production dropped 18.8% year-over-year to 728.4 million short tons, the lowest annual production level since 1979. The report from the U.S. Energy Information Administration indicated the number of mining …
Despite concerns of some residents, the Mustang City Council could not deny a request by Citizen Energy to drill two wells in the city limits. As the Mustang Times reported, the council approved conditional use permits for wells near SW 59 and Frisco Road. “State law dictates city councils cannot deny them the ability to …