Gasoline and diesel fuel prices climbed again in Oklahoma in the past week with gasoline increasing 2 cents a gallon reaching a statewide average of $2.42 a gallon. The increases are part of a nationwide movement seen as marketers continue to get rid of winter-blend gasoline to make room for summer storage. AAA Oklahoma reports …
While an estimated 30,000 teachers walked out of the classroom on Monday and gathered at the state capitol, one legislator was blaming the wind industry for some of the funding problems in education. The charge came from Rep. Bobby Cleveland, a Republican whose district 20 in the State House includes Cleveland, garvin, McClain and Pottawatomie …
The February Mid-America Business Conditions Index released Monday by Creighton University showed continued improvements in Oklahoma. Economist Ernie Goss said Oklahoma’s index has remained above the 50.0 threshold for the last seven months, thanks to increased oil prices. He said the overall index from a monthly survey of supply managers improved to 60.5 from January’s …
As development of the Permian Basin mushrooms, the search for water and the protection of existing sources is becoming critical. Water levels in the Ogallala Aquifer have already dropped in the past several years. With fears that it will plunge if exploration expands, many operations have switched the source of their fracking fluid from …
Tulsa’s NGL Energy Partners LP is selling part of its Retail Propane business in a $200 million deal. NGL announced Monday it will sell a portion of the business to DCC LPG. The sale was announced last fall and was closed on March 30 of this year. At the same time, NGL said its partnership …
Turns out Oklahomans didn’t have to worry about falling space debris this past weekend. China’s Tiangong-1 met a Sunday night fiery end over the South Pacific Ocean and scientists say only about 10 percent actually crash-landed on earth. Astrophysicist Brad Tuckers told Reuters, most of the out-of-control space station, China’s first, was destroyed during re-entry. …
Speculation is growing that two Tulsa energy companies could be among those targeted for buyouts in the Permian Basin of Texas and New Mexico. The possibility that Laredo Petroleum and WPX Energy could be on the list comes after word last week of the $8 billion buyout of RSP Permian by Concho Resources. As the …
The attorneys who filed a 2016 federal lawsuit over the pollution caused by the now-abandoned Gulfstream airplane plant in Bethany say they soon will add Oklahoma City as a defendant. The lawsuit was filed by the city of Bethany against Gulfstream Aerospace Corporation and Rockwell Automation System Inc, accusing the two companies of contaminating the …
It wasn’t a surprise. The family of a 12-year old girl killed in a natural gas explosion that destroyed her home in Dallas last month has filed a lawsuit against the gas line operator, Atmos Energy. The family of Linda Rogers filed the wrongful death lawsuit in Dallas county court seeking more than $1 million …
In what could be a case of going where the big wells are sure to be hit and marginal wells to be avoided, one Texas company is focusing on the Eagle Ford. It’s very much a reminder of the warning given the Oklahoma legislature this week by Oklahoma Oil and Gas Association chairman Wade Hutchings. …