May 2022 archive

Energy Secretary to take over Hamm Energy Institute

  Nearly six months after Oklahoma oilman Harold Hamm’s contribution led to the creation of Oklahoma State University’s Hamm Institute for American Energy, Oklahoma Secretary of Energy Kenneth Wagner has been named as the inaugural executive director.   “Ken’s experience and deep knowledge of the energy industry will serve the Institute well as it lives …

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US crude prices dropped on Friday while Brent crude rose

  A 20% plunge in the U.S. heating oil contract on Friday caused U.S. oil prices to fall while those overseas managed an increase in the day’s trading. West Texas Intermediate crude for June delivery fell 67 cents to close at $104.69 a barrel on the New York Mercantile Exchange. Global benchmark Brent crude for …

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A week for quarterly financial reports

  This is a big week for lots of energy firms across Oklahoma as their quarterly financial reports will be unveiled, showing either a hoped-for gain of profits or whether belt-tightening is necessary. It should also reveal whether some oil and gas companies in the state will perhaps expand their energy efforts because of oil …

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Gasoline prices edge upward in Oklahoma

  Gasoline prices in Oklahoma and across the U.S. rose two cents a gallon in the past week reaching a statewide average of $3.80 and an average of $4.18 across the nation. The American Automobile Association reported on Sunday that Oklahoma prices were $3.78 a week ago and $3.79 one month ago. A year ago, …

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