May 22, 2016 archive

Oil Futures Settle Lower on Friday, Higher for the Week

Friday was another day of ups and downs as oil futures produced weekly gains while crude prices closed out the week on a lower note, according to Bloomberg MarketWatch. June West Texas Intermediate crude lost 41 cents, or 0.9%, to end trade on the New York Mercantile Exchange at $47.75 a barrel. For the week, …

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Rural Landowners Rush to Register Private Air Strips in Advance of Wind Farms

The growth of wind farms across Oklahoma and a year-old state law has private pilots moving to register their private air strips, many in western Oklahoma, according to a report by The Oklahoman. As Paul Monies for the newspaper found out, there is a rush on to register the air trips with the Federal Aviation …

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Senate Energy and Water Bill Includes Funding for Several Oklahoma Projects

Oklahoma U.S. Sen. Jim Inhofe says the just passed Energy and Water Development and Related Agencies Appropriations Act included priorities for Oklahoma he inserted into H.R. 2028. The measure passed on a 90-8 vote. “As passed by the Senate, the Energy and Water Development Appropriations Act will improve water supply and quality in Western Oklahoma …

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Nation’s Rig Count Drops while Oklahoma’s Grows

While the national rig count slipped by 2 in the past week to reach a total of 404, the count in Oklahoma increased by one to reach a total of 57 working oil and gas rigs, according to the latest data from Baker Hughes Company of Houston, Texas. The national count shows 318 working oil …

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