Crude oil prices slipped below the $32 a barrel mark on Monday in the wake of worries about oversupply and weakening demand in China. February West Texas Intermediate crude dropped $1.75 to end trade at $31.41 a barrel on the New York Mercantile Exchan…
OGE Energy Center Project Comes to Halt
The planned OGE Energy Center in downtown Oklahoma City is now on hold according to a story written by The Oklahoman’s Steve Lackmeyer. The four, high-rise tower project was proposed for the site of Stage Center at Hudson and Sheridan has been canceled…
Cheap, Cheap Gasoline in South OKC
With Monday’s crude oil trading in the $31 a barrel on the New York Mercantile Exchange, gasoline prices continued their plunge in Oklahoma with one gas station in Oklahoma City pumping it at $1.39 a gallon.
Gas Buddy reports the $1.39 gas is be…
Fifth Circuit Rules in Favor of Chesapeake in Texas Lawsuit
The Fifth Circuit Court of Appeals has sent back to Texas Federal Court a proposed class action lawsuit against Oklahoma City-based Chesapeake Energy Corporation which was accused of trespassing on foreclosed oil and gas leases. It could be consi…
Pruitt Confident WOTUS Won’t Take Effect in Remaining Year of Obama Administration
Oklahoma Attorney General Scott Pruitt’s voicing confidence that a federal court stay will prevent the controversial Waters of the U.S. rule from being enforced by the Environmental Protection Agency during the year remaining in the Obama adminis…
Mid-Continent Digital Oilfield Conference in Tulsa
The 2016 Mid-Continent Digital Oilfield Conference is coming up in about a month in Tulsa and will feature new technology platforms in the industry.
Sponsored by Sustaining Oklahoma’s Energy Resources, the conference will feature a keynote addre…
Holly Energy Sets Quarterly Announcement Date
Holly Energy Partners, L.P., the Dallas based company with extensive crude oil transportation and storage facilities in Oklahoma and other states says it will announce results for its quarter ended Dec. 31, 2015 on Feb. 23, 2016.
The announcement will…
ONEOK Partners Announces $1 billion Loan
ONEOK Partners announced Monday it has entered a $1 billion term agreement to be used for genral partnership purposes including the repayment of existing borrowings.
It is a three-year unsecured loan agreement basically meant to refinance the partners…
Scientists Challenge EPA Franking Report
The EPA finds itself at odds with the Science Advisory Board regarding a report the agency released last summer stating that fracking does not lead to nor create widespread, systemic impacts on drinking water resources.
The board is comprised of…
Quapaw Tribe Rejects Tar Creek Superfund Settlement from DOJ
“This is an injustice”—Quapaw Tribe Chairman John Berrey.
The Quapaw tribe of Oklahoma is rejecting a $15 million settlement proposed by the Justice Department over the Tar Creek Superfund Site, the largest superfund site in the U.S. Tribal l…