The prospects of extending Oklahoma’s Amtrak Heartland Flyer passenger train service from Oklahoma City to Kansas were revived this week when President Biden announced his $2.2 trillion infrastructure plan. The plan included billions for passenger rail service to be extended and improved nationally. The Oklahoman reported how Amtrak has hopes of obtaining $80 billion …
Rail advocate can only wait to see if Amtrak extends service in Oklahoma
As a long-time advocate of rail passenger service in Oklahoma, Evan Stair knows not to get overly excited about reports that if Amtrak could obtain $80 billion from President Biden’s $2.2 trillion infrastructure, it could open service from Oklahoma City to Kansas. “It could really open up the passenger spigot,” said Stair, who doubles …
New rates set on crude pipeline from Colorado to Cushing and Texas
Two Texas energy companies with pipeline operations extending to the Cushing hub in Oklahoma announced Friday plans to post a joint tariff for crude oil transportation service. Energy Transfer LP and Centurion Pipeline L.P. said the rates will be on service from ET’s terminals in Platteville, Colorado and Cushing to ET’s Nederland, Texas terminal. …
Energy news in brief
** Pioneer Natural Resources has inked a deal to acquire energy independent DoublePoint Energy for a consideration of $6.4 billion, including the assumption of some $900 million in debt, Pioneer said in a press release. The rest of the price will be made up of $1 billion in cash and 27.2 million Pioneer shares. ** The Organization of the …
Small eastern Oklahoma town honored for cleanup efforts
Cleanup efforts in the small town of McCurtain in eastern Oklahoma’s Haskell County paid off as residents are honored by the Department of Environmental Quality and the Keep Oklahoma Beautiful program. Not to be confused with McCurtain County in Southeast Oklahoma, the town of McCurtain was recognized as a top-level Oklahoma Clean Community due …
First solar-powered EV charging stations in Kansas
The first solar-powered electric vehicle charging stations in Kansas are in operation in the Kansas City suburb of Olathe. Fox 4 news reported Olathe used grant funding from the Department of Energy to install six solar EV charging stations, the first of their kind in the state. Click here for Fox 4 news.
Iowa lawmakers work to soften governor’s controversial biofuels bill
Iowa Gov. Kim Reynolds has one version of her controversial biofuels mandate plan across the state. Members of an Iowa state House committee have another. The Representatives have changed the governor’s plan, softening its impact on the state. Fuel retailers convinced legislators that under Gov. Reynolds’ plan, it would cost them $1 billion in …
New leader of Texas Public Utility Commission named
The Texas Public Utility Commission, left void following the resignations of all three of its members after the February winter storm power crisis now has a new leader. Texas Gov. Greg Abbott named statehouse veteran Will McAdams to lead the commission which has been given the responsibility of implementing a potential legislative overhaul of …
Crude oil bounced back to $61 a barrel in Thursday’s trading
Crude oil prices turned things around in Thursday’s trading, finished above $61 a barrel after Wednesday’s drop to around $59. West Texas Intermediate crude for May delivery shot up $2.29 to $61.45 a barrel in trading on the New York Mercantile Exchange. Global benchmark Brent crude had a good day as well, finishing up …
Ascent Resources Utica Holdings redeems the last of senior notes for 2022
Oklahoma City’s Ascent Resources Utica Holdings, LLC announced Thursday it has wrapped up $68 million in senior notes it had issued to be due 2022. The company and its indirect wholly-owned subsidiary, ARU Finance Corporation closed on the remaining 10% senior notes due 2022. As a result, all of the 2022 notes have been …