November 25, 2018 archive

Chesapeake’s $3 billion acquisition not the last in the shale plays

If  some of the energy  experts are right, Chesapeake Energy’s recent $3 billion purchase of WildHorse Resource Development in Texas isn’t the last of the acquisitions of big shale players. And don’t forget Canada’s Encana Corp. buying Newfield Exploration Co. for $55 billion earlier this month. They expect many more to follow in the coming …

Continue reading »

Groundbreaking for new Oklahoma Insurance headquarters

Governor Mary Fallin could take part in one of her last groundbreakings as leader of Oklahoma this week. She will attend the groundbreaking ceremony Monday afternoon for the new home of the Oklahoma Insurance Department. Joining her will be Insurance Commissioner John Doak and the man elected to replace him, Glen Mulready. Ceremonies will be …

Continue reading »

ODOT to provide Holiday travelers with improved travel help

The Oklahoma Department of Transportation is serving up an early present to holiday travelers with two new tools to help them make travel decisions. “The department is debuting the ability to find all of ODOT’s online travel tools within one app now available in the Apple App Store. Additionally, the department is adding snow plow …

Continue reading »

Snowfall to brush northern Oklahoma

The snow that’s predicted for northern Oklahoma is part of a storm that already dumped so much snow in Colorado, it shut down Interstate 70 in the mountains. And the storm system has moved across Kansas with a fury as white outs were expected because of the strong winds that also whipped Oklahoma on Sunday. …

Continue reading »

Gasoline prices continue their slide in Oklahoma

The combination of an increased production of oil across the globe plus a drop in demand continues to send gasoline prices in a downward spiral, including in Oklahoma where the new statewide average is $2.22 per gallon. A week ago, Oklahoma’s average price was $2.30 a gallon and one month ago, the average price was …

Continue reading »

Rioters in France angry over rising diesel fuel prices

Paris is a city that remains in turmoil and violence—all because of increasing diesel fuel prices. Over the weekend, rioters took their anger over increasing fuel prices to the streets where police had to use water cannons on them. An estimated 5,000 protesters converged on the Champs-Elysees, angry over a proposed tax increase on diesel …

Continue reading »