• Fuel efficiency standards lead to high-tech improvements

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 18, 2014

    The number of electric vehicles, plug-in hybrids and vehicles that run on natural gas and diesel on the road have grown in recent years and are expected to continue to increase. But standard gasoline vehicles are still expected to represent almost 80 percent of new sales in 2025 and 78 percent in 2040, according to a U.S. Energy Information Administration report.

  • Oil and gas prices for July 18

    Updated: Thu, Jul 17, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $99.75 Oklahoma Sour: Sunoco Inc. — $87.75 Oklahoma oil and gas drilling activity posted June 30: COMPLETION Carter: Mack Energy Co.; Wildcat Jim Penn Unit No. 183 Well; C W1/2 SE1/4 NW1/4 of 31-01S-02W; 4 barrels oil per day, 30,000 cu-ft gas per day; TD 3,300. Mack Energy Co.; Wildcat Jim Penn Unit No. 183 Well; C W1/2 SE1/4 NW1/4 of 31-01S-02W; 4 barrels oil per day, 30,000 cu-ft gas per day; TD 3,300. Custer: Sanguine Gas Exploration LLC; Lealon No. 1-28H Well; NE1/4 NE1/4 NW1/4 NE1/4 (BHL) of 28-15N-16W; 139 barrels oil per day, 71,000 cu-ft gas per day; TD

  • Geopolitical turmoil sends oil prices above $103.

    By The Associated Press | Published: Fri, Jul 18, 2014

    The price of oil rose 2 percent Thursday on lower U.S. inventories and concerns that geopolitical tensions could disrupt global supplies.

  • Aubrey McClendon selected to manage second energy investment firm

    By Paul Monies, Business Writer | Published: Fri, Jul 18, 2014

    Oklahoma City’s Aubrey McClendon is teaming up with another group of real estate investors to buy oil and gas assets. Energy 11 LP of Fort Worth, Texas, filed paperwork Thursday to raise up to $2 billion.

  • Oklahoma energy briefs for July 18, 2014

    Published: Thu, Jul 17, 2014

    Oklahoma energy briefs for July 18, 2014

  • Oklahoma Gas and Electric Co. tops J.D. Power customer satisfaction rankings in region for second year

    By Paul Monies, Business Writer | Updated: Thu, Jul 17, 2014

    J.D. Power ranked Oklahoma Gas and Electric Co. No. 1 in the south region among large electric utilities in its latest report on customer satisfaction. Public Service Co. Oklahoma came in at No. 23 among medium-size electric utilities.

  • Oil and gas, livestock prices for July 17

    Published: Thu, Jul 17, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Wednesday: Oklahoma Sweet: Sunoco Inc. — $97.75 Oklahoma Sour: Sunoco Inc. — $85.75 Oklahoma oil and gas drilling activity posted June 27: COMPLETION Alfalfa: Chesapeake Operating Inc.; Jett 4-25-10 No. 1H Well; N1/2 N1/2 NE1/4 NW1/4 (SL) of 04-25N-10W; 2,218,000 cu-ft gas per day, 38 barrels oil per day; TD 10,320. Chesapeake Operating Inc.; Marcum Farms 31-27-12 No. 1H Well; N1/2 N1/2 NE1/4 NE1/4 (SL) of 31-27N-12W; 2,391,000 cu-ft gas per day, 53 barrels oil per day; TD 10,220. Garfield: Plymouth Exploration LLC; Cline No. 1-4H Well; N1/2 NE1/4 NW1/4 NW1/4 (SL) of 04-24N-05W; 29 barrels oil per day, 562,000 cu-ft

  • Oklahoma business briefs for July 17

    Published: Thu, Jul 17, 2014

    Oklahoma business briefs for July 17, 2014

  • Proposed oil refinery rules prompt comments at California hearing

    By JOHN ROGERS, Associated Press | Published: Thu, Jul 17, 2014

    Residents of modest neighborhoods near three of the largest oil refineries in California called on the Environmental Protection Agency on Wednesday to crack down on plant emissions, saying the pollution is choking their children and endangering their health.

  • North Texas city rejects partial fracking ban

    By EMILY SCHMALL, Associated Press | Published: Wed, Jul 16, 2014

    The council governing Denton, Texas, rejected a bid Wednesday morning to ban further permitting of hydraulic fracturing in the community after eight hours of public testimony.

  • Oklahoma labor commissioner raises concerns about PSO haze settlement

    By Paul Monies, Business Writer | Updated: Wed, Jul 16, 2014

    Oklahoma Labor Commissioner Mark Costello said he thinks state environmental officials didn’t properly follow the rules when they put a settlement on regional haze into effect.

  • Oil and gas, livestock prices for July 16

    Published: Wed, Jul 16, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Tuesday: Oklahoma Sweet: Sunoco Inc. — $96.50 Oklahoma Sour: Sunoco Inc. — $84.50 Oklahoma oil and gas drilling activity posted June 26: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Beach Ranch 2809 No. 3-18H Well; SW1/4 SE1/4 SE1/4 SW1/4 (SL) of 18-28N-09W; 274.62 barrels oil per day, 1,770,000 cu-ft gas per day; TD 9,656. SandRidge Exploration & Production LLC; Cook 2411 No. 3-22H Well; SW1/4 NE1/4 NE1/4 NW1/4 (BHL) of 22-24N-11W; 21,000 cu-ft gas per day; TD 11,028. SandRidge Exploration & Production LLC; Hadwiger 2611 No.

  • Groups seek ban of oil in older railroad tank cars

    By PHUONG LE and MATTHEW BROWN, Associated Press | Published: Wed, Jul 16, 2014

    Environmental groups want the U.S. Department of Transportation to ban the shipment of volatile crude oil in older railroad tank cars, citing oil train wrecks and explosions.

  • Oil dips below $100 for first time since May

    FROM STAFF AND WIRE REPORTS | Published: Wed, Jul 16, 2014

    Crude oil prices continued to decline Tuesday, dropping below $100 a barrel for the first time since May. Prices for benchmark U.S. crude have dipped 5 percent this month.

  • Chesapeake subsidiary sells assets for $135 million

    By Jay F. Marks, Business Writer | Updated: Mon, Jul 14, 2014

    Chesapeake Energy Corp. continues to narrow its focus, with a $135 million deal to move it out of the large-scale natural gas compression business.

  • Oil and gas, livestock prices for July 15

    Published: Tue, Jul 15, 2014

    OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Monday: Oklahoma Sweet: Sunoco Inc. — $97.50 Oklahoma Sour: Sunoco Inc. — $85.50 Oklahoma oil and gas drilling activity posted June 25: COMPLETION Alfalfa: SandRidge Exploration & Production LLC; Morgan 2811 No. 4-26H Well; NW1/4 NE1/4 NW1/4 NE1/4 (BHL) of 26-28N-11W; 787 barrels oil per day, 1,210,000 cu-ft gas per day; TD 9,940. SandRidge Exploration & Production LLC; Schroeder Trust 2712 No. 1-24H Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 24-27N-12W; 2,368,000 cu-ft gas per day, 97 barrels oil per day; TD 10,042. Canadian: Devon Energy Production Co. LP; Bessie 6-13N-9W No.

  • Natural gas prices slide on improved storage levels

    By Adam Wilmoth, Energy Editor | Published: Tue, Jul 15, 2014

    After 12-straight weeks of above-average natural gas storage gains, prices are slipping along with concern about possible shortages this winter.

  • Oklahoma business briefs for July 15

    Published: Tue, Jul 15, 2014

    White Cliffs to double pipeline size between Denver Julesburg Basin and Cushing

  • Oklahoma Corporation Commission gets ready for public input on wind, solar issues

    BY PAUL MONIES, Business Writer | Updated: Sat, Jul 12, 2014

    Staff at the Oklahoma Corporation Commission are finalizing details on a proposed notice of inquiry to gather public comments on industrial wind farm developments. The meetings also will include suggestions on how to establish a new customer class for electric utilities for users of rooftop solar panels or small wind turbines.

  • Inventor promotes solar panels for roads, highways

    By NICHOLAS K. GERANIOS, Associated Press | Published: Sat, Jul 12, 2014

    Panels are tough enough to withstand weight of vehicles, inclement weather, designer says. Storage of electricity remains a challenge, however.