March 12, 2017 archive

Bridenstine Calls for Changes to Current U.S. Aerospace Program

U.S. Representative Jim Bridenstine spoke up last week, calling for an increase in spending on military and commercial space programs, according to a report by The Tulsa World. “It’s truly disgraceful when U.S. companies, and U.S. astronauts, must hitch a ride on Russian rockets only to see Moscow use the fare to fund its military …

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Baker Hughes Rig Count: Oklahoma Adds Three, U.S. Tacks On 12 New Rigs

Oklahoma had the second-best rig growth last week with the addition of three new rigs while the U.S. rig count increased by 12, according to the Baker Hughes rig count released on Friday. Canada lost 20 rigs for a total of 315. Canada is up 217 rigs when compared with data from a year ago. …

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Oil Futures Tumble as WTI, Brent Book Losses Over 8% For the Week

Crude oil futures dropped for a fifth straight session loss on Friday, settling at their lowest level since late November, according to a report by Bloomberg MarketWatch. April West Texas Intermediate crude fell by 79 cents, or 1.6%, to settle at $48.49 a barrel on the New York Mercantile Exchange. For the week, prices lost 9.1%, …

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