Saturday , May 18 2024

Touring Tulsa and its history of oil

  A young man who grew up in New York City has started an oil historical tour in Tulsa where he now makes his home. Tulsa Tours was founded by Jeffrey Tannehaus and it brings into focus the history of the discovery of oil in Tulsa and how it changed …

Read More »

Colorado airport to end use of leaded aviation fuel

  Bending to complaints, one metropolitan airport near Denver has decided to switch to unleaded aviation fuel. The Rocky Mountain Metropolitan Airport in Broomfield, located between Denver and Boulder, even bought a $50,000 tanker to store the unleaded fuel. The move is three years ahead of the original plan after …

Read More »

Oklahoma House to study Artificial Intelligence impact

    Out on the farm when you start talking “A-I”, you’re discussing artificial insemination—whether it’s dairy cows, cattle herds or more. So it’s probably wise to get your A-I’s straight. The A-I that will draw attention this week at the State Capitol is artificial intelligence. The Oklahoma legislature plans …

Read More »

OKC sees big jump in transit ridership

  While many major cities across the U.S. report a decline in transit ridership, that’s not the case in Oklahoma City where it has increased in the past year. Oklahoma City recorded a 16% increase in transit ridership from 2021 to 2022, according to Body Boyd, Community Engagement Officer for …

Read More »

U.S. rig count slipped again while Oklahoma made gains

  Another drop of active oil and gas rigs across the U.S. was reported by Baker Hughes while Oklahoma managed to make a gain. The report, released on Friday showed a decline nationally of 4 more rigs, leaving 619 pursuing the search for more oil and natural gas. The number …

Read More »

Crude finished Friday with moderate gains but still down for the week

Crude oil prices managed moderate gains on Friday but still finished the week with their steepest weekly losses since March. Oklahoma energy stocks recorded 3% and 4% gains for the day. What prompted the crude oil gains? Largely it was due to a partial lifting of Russia’s fuel export ban. …

Read More »

Dallas Federal Reserve Bank questions whether Strategic Petroleum Reserve needs to be refilled

  The nation’s Strategic Petroleum Reserve remains low because of President Biden’s use of the crude oil last year to lower national gasoline prices. While some Oklahoma members of Congress were highly critical of Biden’s political use of the crude oil, the Dallas Federal Reserve Bank is out with a …

Read More »

Oklahoma Broadband Board to meet this week

  Oklahoma’s Broadband Government Board meets again this week to continue its progress on updating a statewide rural broadband expansion effort financed by the federal government. One of the key issues to be discussed at the Tuesday afternoon meeting will be the America Rescue Plan Act, the Broadband, Equity, Access …

Read More »

Oklahoma’s tax revenue from oil and gas continues a downward spiral

  Oklahoma Treasurer Todd Russ says gross receipts to the state treasury for the past 12 months outpaced the prior year’s revenue in September. But he might be looking over his shoulder at what’s happened to oil and gas tax revenue. It fell 16% in the past year and the …

Read More »

Worried investors bring down crude prices again on Thursday

Crude oil prices took another drop on Thursday, sliding nearly 2% and at the same time, extending Wednesday’s losses of nearly 6%. Worries about fuel demand fed the latest loss, even more than an OPEC+ decision to continue with oil output reductions. Experts in the industry suggest that investors have …

Read More »