May 14, 2017 archive

Crude Oil Futures Finish Flat on Friday, Advance for the Week

Crude oil prices ended flat on Friday but recorded the first weekly gain in a month on expectations that OPEC will extend an agreement to curb production when the cartel meets later this month, according to Bloomberg MarketWatch. West Texas Intermediate June crude settled at $47.84 a barrel, up a penny for the session on the …

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Judge Takes Wind Out of Lawsuit Against City of Hinton

The nationwide wind farm company known as NextEra has lost a federal lawsuit it filed against the city of Hinton after Hinton created an ordinance banning wind farms within 2 miles of the city limits. Oklahoma City U.S. District Judge Stephen P. Friot issued the ruling on Friday after Hinton city leaders asked to have …

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Nation Gains—-Oklahoma Drops in Rig Counts

The latest figures from Baker Hughes Inc. of Houston and the Red Top Rig Report of Wichita, Kansas show the national rig count gained by 8 in the past week while the count in Oklahoma fell by two. Baker Hughes reports the national count is up to 885 including 9 more oil rigs reaching 712 …

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