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Oil bounces back above $90 per barrel Updated: Thu, May 24, 2012 Oil bounced back Thursday, a day after falling below $90 per barrel for the first time in months. Read More
Oil falls below $90 a barrel Published: Thu, May 24, 2012 The price of oil dropped below $90 per barrel Wednesday, the latest milestone in a weekslong decline brought on by uncertainty surrounding economies from Europe to China. Read More
Natural gas prices' rise stirs optimism Updated: Tue, May 22, 2012 The price of natural gas has rebounded more than 40 percent from less than $2 per thousand cubic feet last month. While the price is still well below a comfortable level for the industry, Oklahoma experts say it is leading producers to breathe more easily and consider increasing production again. Read More
Former Oklahoma congressman says water task force holds key to potential economic gains Published: Sun, May 20, 2012 During my two decades in Congress, I served 10 years on the two subcommittees of the Appropriations Committee that fund all water projects for Oklahoma and the rest of the nation. My purpose for serving on those subcommittees was to maximize the benefits from water development for the economic growth of Oklahoma.... Read More
Expect lower gas prices for Memorial Day holiday Published: Sat, May 19, 2012 Weak demand at pump lowers cost, analysts say Read More
Edmond council expected to approve budget May 29 Updated: Fri, May 18, 2012 A public hearing was held this week on the city of Edmond's proposed $223.6 million budget and five-year financial plan. Council members are expected to approve the budget May 29. Read More
Lower oil prices ease load on consumers in U.S. Published: Thu, May 17, 2012 Oil and gasoline prices are sinking, giving relief to businesses and consumers who a few weeks ago seemed about to face the highest fuel prices ever. Read More
Oil starts week by hitting lowest level of year Published: Tue, May 15, 2012 The price of oil fell to its low for the year on continued doubts about some European countries' ability to pay off massive government debts. Read More
Business Highlights, May 12 Published: Sat, May 12, 2012 Business Highlights, May 12 Read More
High supplies of crude drive oil prices down Published: Thu, May 10, 2012 Prices have been declining in reaction to new doubts about Europe's ability to fix its economy and disappointing jobs growth in the U.S. And as slowing economies temper the demand for oil, the amount of crude in storage rises. Read More
Gas prices likely won't set record this summer Published: Wed, May 9, 2012 Gasoline prices likely won't set any records this summer, thanks to a recent drop in the price of oil. Read More
Oil price drops to lowest point of 2012 Published: Tue, May 8, 2012 The price of oil hit its lowest level of the year Monday after election results in Europe appeared to jeopardize the region's plan for recovery. Read More
Hiring slowdown sends the stock market reeling Published: Sat, May 5, 2012 Investors fear that U.S. economic recovery may be faltering. Read More
Jobs report sends oil to lowest price in six months Published: Sat, May 5, 2012 Motorists watch pump prices, look forward to filling up with cheaper gasoline. Read More
Seaway pipeline is about ready to move oil out of Cushing Published: Fri, May 4, 2012 Enterprise Products Partners LP and Enbridge Inc. are almost finished with the reversal of the Seaway pipeline, which will be able to carry crude oil away from the glutted storage hub at Cushing. Read More
Unemployment falls in all 77 Oklahoma counties Published: Thu, May 3, 2012 In brief Jobless rate falls in state Oklahoma City again had the lowest unemployment rate among large U.S. cities in March, while every county in the state reported a lower jobless rate than the previous month, according to figures issued Wednesday. Oklahoma City's jobless rate of 4.4 percent reflected a 1.4... Read More
Delta Air Lines to buy oil refinery, hopes to cut fuel bill Published: Tue, May 1, 2012 Delta Air Lines is buying a refinery in a novel — and some say risky — attempt to slice $300 million a year from its escalating jet fuel bill. The Atlanta airline said Monday that it is buying the Trainer, Pa., refinery near Philadelphia for $150 million from Phillips 66, a refining company being spun off from... Read More
So who's manipulating the oil markets now? Published: Mon, Jun 27, 2011 What happened to the oil market? Must be those "manipulators" again! On April 21, 2011, President Barack Obama announced a task force to investigate "manipulation" of the oil market. Well, Mr. President, and with apologies to comic strip character Pogo: You have met the manipulator, and he is you! The recent... Read More
Oklahoma oil and gas prices: May 6, 2011 Updated: Thu, May 5, 2011 OIL AND GAS PRICES Oklahoma crude oil prices as of 5 p.m. Thursday: Oklahoma Sweet: Sunoco Inc. — $96.25 Oklahoma Sour: Sunoco Inc. — $84.25 Oklahoma oil and gas drilling activity posted April 14: COMPLETION Garvin: Jones L E Operating Inc.; Green Trust No. 1-26 Well; NW1/4 NW1/4 NW1/4 NE1/4 of... Read More
Obama says new task force will examine gas prices Updated: Thu, Apr 21, 2011 RENO, Nev. (AP) -- President Barack Obama announced Thursday that the Justice Department is assembling a team to "root out any cases of fraud or manipulation" in oil markets that might be contributing to $4 a gallon-plus gasoline prices. "We are going to make sure that no one is taking advantage of the American... Read More
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