• Low oil prices prompt job cuts at Skiatook, Oklahoma, plant

    By Sheila Stogsdill, For The Oklahoman | Published: Fri, Mar 27, 2015

    Worthington Industries, which is based in Ohio, has laid off 40 workers at its Oklahoma plant, due to low oil prices.

  • Global energy demand continues to grow

    By Adam Wilmoth
    Energy Editor |
    Updated: 6 hr ago

    Global demand for energy will continue to skyrocket over the next 25 years, but improving efficiency will allow much faster economic growth while reducing the environmental affect, Bill Colton, ExxonMobil’s vice president of corporate strategic planning said Thursday at an energy symposium at the University of Oklahoma.

  • Oil council says U.S. must drill in Arctic now

    Associated Press |
    Published: Fri, Mar 27, 2015

    WASHINGTON — The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study to be released Friday. The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations. But the government predicts that the shale boom won't last past the next decade. In order for the U.S.

  • Oil prices jump almost 5 percent as tensions mount in Yemen

    | Published: Fri, Mar 27, 2015

    Also ... Yemeni strife affects oil The price of oil rose sharply Thursday as mounting tensions in Yemen had traders worried that the flow of crude from the Persian Gulf region could be disrupted. Saudi Arabia and other Gulf states launched strikes on key military installations in Yemen. They aim to oust Shiite rebels who forced the country's embattled president to flee. U.S. crude rose $2.22, or 4.5 percent, to close at $51.43 a barrel in New York. U.S. crude oil has jumped 17 percent since hitting a low of $43.96 a barrel a week ago. It was the first time the benchmark U.S. oil contract

  • Average US rate on 30-year mortgage falls to 3.69 percent

    | Updated: 6 hr ago

    In brief Mortgage rates fall WASHINGTON — Average long-term U.S. mortgage rates fell this week for a second straight week, edging closer to historically low levels at the start of the spring home-buying season. Mortgage giant Freddie Mac said Thursday the national average for a 30-year fixed-rate mortgage declined to 3.69 percent from 3.78 percent last week. The average rate for a 15-year mortgage, popular with homeowners who refinance, eased to 2.97 percent from 3.06 percent last week. A year ago, the average 30-year mortgage stood at 4.40 percent and the 15-year mortgage at 3.42

  • Oklahoma Senate committee passes builder registration bill despite doubts

    Real Estate Editor |
    Updated: 6 hr ago

    More work will have to be done before the Oklahoma Professional Residential and Commercial Builders Registration Act goes much further, according to the Oklahoma State Home Builders Association, which wants the regulation.

  • Samson Resources lays off 196 at Tulsa headquarters

    By Rod Walton
    Tulsa World |
    Updated: 6 hr ago

    The cuts will reduce Samson’s Tulsa workforce to less than 400.

  • Oklahoma City Thunder: Time is running out to fix the Thunder's defensive flaws

    By Darnell Mayberry | Updated: 5 hr ago

    This is a Thunder team that now has just 10 games, eight practices and six shoot-arounds left to find a solution to its current ills before top-seeded Golden State turns a once-scintillating first-round series into a potential bloodbath.

  • NBA scoreboard

    | Updated: 5 hr ago


  • Filings drop for unemployment benefits last week

    AP Economics Writer |
    Published: Fri, Mar 27, 2015

    WASHINGTON — Fewer people sought U.S. unemployment benefits last week, evidence that hiring should continue despite slower economic growth in 2015. The Labor Department said Thursday that weekly applications for jobless aid fell 9,000 to a seasonally adjusted 282,000. The decrease suggests that a recent slowdown in manufacturing, housing starts and retail sales have not reached the job market. The four-week average, a less volatile measure, tumbled 7,750 to 297,000. Over the past 12 months, the average has dipped roughly 7 percent. Applications indicate layoffs. The job growth has slashed the unemployment rate to 5.5 percent from 6.7 percent a year

  • Moore residents, Oklahoma officials say they know how to respond to tornadoes

    Staff Writers |
    Updated: 6 hr ago

    Oklahoma Gov. Mary Fallin viewed heavy damage at Southgate Elementary School and declared a state of emergency in 25 counties affected by storms Wednesday.

  • Fallin visits site of storm's only death

    Tulsa World |
    Updated: 6 hr ago

    SAND SPRINGS — Lingering in front of a sprawling pile of splintered wood and twisted metal Thursday afternoon, Gov. Mary Fallin asked how many homes she was looking at here. “Just one? Two? Three?” “We're not really sure,” Tulsa County Undersheriff Tim Albin told her. Wednesday's tornado had left behind an indiscernible mess at this particular spot, debris jumbled together into nothing that resembled a trailer home anymore. This, Albin told the governor, was where rescuers found the sole fatality of Wednesday's storm, and where they freed at least one of two other victims who were seriously injured.

  • Oklahoma City women's regional: A glance at the four teams in the OKC regional

    By Kyle Fredrickson | Published: Fri, Mar 27, 2015

    Notre Dame, Baylor, Iowa and Stanford will convene at Chesapeake Energy Arena this weekend for an NCAA women's regional, beginning with Friday's Sweet 16 games. The winner of Sunday's regional final will advance to the Final Four in Tampa Bay, Fla. Here's a closer look at each of the four programs that will play this weekend in Oklahoma City: NOTRE DAME Record: 33-2, 15-1 ACC. Seed: 1. Conference: Atlantic Coast. League finish: First. NCAA

  • Government proposal aims to protect low-income users of 'payday' lenders

    Associated Press |
    Published: Fri, Mar 27, 2015

    WASHINGTON — Each month, more than 200,000 needy U.S. households take out what's advertised as a brief loan. Many have run out of money between paychecks. So they obtain a “payday” loan to tide them over. Problem is, such loans can often bury them in fees and debts. Their bank accounts can be closed, their cars repossessed. The Consumer Financial Protection Bureau proposed rules Thursday to protect Americans from what it calls a “debt trap.” At the heart is a requirement that payday lenders verify borrowers' incomes before approving a loan. The government seeks to set standards for a multibillion-dollar industry that has

  • NCAA women's basketball: Five things to know for Friday night's games

    By the Associated Press | Published: Fri, Mar 27, 2015

    Baylor vs. Iowa, 6:30 p.m. POINT BATTLE: Baylor junior Niya Johnson leads the country with an average of 8.7 assists per game, and Iowa's Samantha Logic enters the game third in the country, averaging 7.9 per game. ANYTHING BUT AWKWARD: While Nina Davis is one of the top players in the country, her high, sometimes two-handed jump shot isn't conventional. Awkward or not, Davis is averaging 20.9 points per game.

  • Setting it straight

    | Published: Fri, Mar 27, 2015

    Setting it straight

  • 'In the cross-hairs'

    By Adam Kemp
    Staff Writer |
    Updated: 6 hr ago

    Oklahoma tornadoes: So just what is it that seems to make the Moore area a magnet for wicked weather? Answers range from the scientific to the spiritual. But even experts admit to being somewhat flummoxed by the phenomenon.

  • Moore radio towers destroyed in tornado had been standing for decades

    Staff Writer |
    Published: Fri, Mar 27, 2015

    The three radio towers in south Moore that were destroyed in Wednesday’s tornado had a rich history of sending radio programs and American rock music across the globe.

  • Eight schools in Moore district sustain tornado damage; all but hardest hit to reopen Friday

    By Tim Willert
    Staff Writer |
    Updated: 6 hr ago

    Oklahoma tornadoes: Dozens of volunteers emptied classrooms at Southgate-Rippetoe Elementary, which was heavily damaged and will be closed for the rest of the school year. Emmaus Baptist Church will serve as temporary home for displaced students.

  • Oklahoma state Senate revives bill to ban texting while driving

    Staff Writer |
    Updated: 6 hr ago

    The state Senate Public Safety Committee revived legislation Thursday that would ban Oklahoma motorists from sending text messages while driving.