The nation’s crude oil in storage took another drop this week and so did the amount held at the Cushing Hub in Oklahoma. The U.S. Energy Information Administration reported the nation suffered a drop of more than 6 million barrels of oil while Cushing’s total fell nearly 2 million barrels. The declines in stocks …
A stronger dollar and expectations of weaker international demand resulted in U.S. and Brent crude oil futures falling by $1 a barrel on Thursday. Oklahoma energy stocks also suffered losses for the day. West Texas Intermediate crude dropped $1 or 1.14% to settle at $86.54 a barrel on the New York Mercantile Exchange. Brent …
Another sign of how much Oklahoma’s economy has slowed in the past several months, came from State Treasurer Todd Russ who said gross receipts to the treasury for August were down nearly 9% from a year earlier. Oil and gas collections were down 60%. The totals revealed a drop of $121.8 million or 8.9% …
The unexplained costs of how Oklahoma’s major utilities used a new law to extend 2021 Winter Storm Uri costs are still bothering Oklahoma Corporation Commissioner Bob Anthony. Yes, that winter storm. Uri. The one that keeps on giving and giving. He raised questions in 2022 when PSO, OGE, and ONG used securitization and wondered …
AAA just came out with a new report that will likely be fuel for critics of Bidenomics and the Biden administration’s claims of how the country’s economy is doing so well. AAA’s Your Driving Costs has been a reliable data source for the expenses associated with owning and operating a brand-new vehicle for more …
The areas of Oklahoma where a severe drought is recorded are growing, according to the latest Drought Monitor released this week. The conditions could improve next week because of rain in the forecast. A large part of southern Oklahoma is covered with areas that fit under the “severe drought’ category and a few are …
Dry conditions throughout Oklahoma led to another major wildfire this week. The Limestone Gap Fire in Atoka County burned more than 1,000 acres and according to the Oklahoma Forestry Services division is only about 5% contained. The fire was named because it is in Limestone Gap, an unincorporated community in Atoka County. The town …
Smoke from Canadian wildfires spread deeper into Oklahoma on Thursday, resulting in an expanded listing of counties put under health advisories. The initial advisory from the Oklahoma Department of Environmental Quality, issued Thursday morning included 17 counties near the state line with Kansas. However, by mid-afternoon, the advisory was widened to 32 counties and …
An Attorney General’s cautionary observation might have led to the Oklahoma Broadband Office to start all over in its proposed distribution of nearly $400 million to private companies for an expand of high-speed internet to rural Oklahoma. Fox 25 News reported the Attorney General’s office had informed the Broadband Office that its tiered system …
One western Oklahoma school district appears to be ahead of the game when it comes to technology in the classroom. Merritt Public School district near Elk City has taken advantage of grants and other help to put an iPad in every students hands and fill the school buildings with 3D printers, full tech labs …
