June 27, 2017 archive

Oklahoma Roads and Bridges Still in Bad Shape Despite Claims of State Leaders

While Governor Mary Fallin and State Transportation Department leaders have pointed to what they consider to be major improvements in highways and bridges, a new national report shows Oklahoma’s roads and bridges remain in need of major improvements. TRIP, a national non-profit transportation research group is out with a report Rural Connections: Challenges and Opportunities …

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Car Dealers Cry Foul Over New Tax Law

Another lawsuit has been filed in a constitutional challenge to one of the new tax laws created in the recent legislative session in Oklahoma. It was filed by the Oklahoma Automobile Dealers Association along with Battison Honda in Oklahoma City and a Ponca City woman who contend the new 1.25 percent sales tax on Oklahoma …

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AAA Oklahoma Reports State Gas Average of $1.95 a Gallon

Oklahoma now has the cheapest gas in the Midwest as the national average hit $2.26 per gallon, according to a report issued Tuesday by AAA Oklahoma. After steadily rising slightly above $2 a gallon, Oklahoma’s average price for regular self-serve gasoline fell by a whopping 19 cents from a month ago to a statewide average …

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Oil Rebounds on Monday as Analysts Anticipate Large Supply Drawdown Due to Tropical Storm Cindy

Crude oil futures climbed higher on Monday, buoyed by forecasts for a weather-related weekly decline in domestic supplies, according to Bloomberg MarketWatch. Analysts are eyeing the possibility of a hefty decline in last week’s U.S. crude inventories in the wake of temporary production disruptions caused by a tropical storm in the Gulf of Mexico. August …

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