Oklahoma Legislature Urges Congress to Pass Toxic Exposure Act

The Oklahoma Legislature would like to see Congress approve the Toxic Exposure Act of 2015. State Senator Frank Simpson (R-Springer) authored Senate Concurrent Resolution 29 which was passed before the Legislature finished this year’s session. It lends…

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Oil Continues Losing Streak on Wednesday

Oversupply concerns and a strengthening U.S. dollar kept oil prices on a losing streak Wednesday. July West Texas Intermediate crude lost 52 cents to settle at $57.51 a barrel on the New York Mercantile Exchange. July Brent crude dropped $1.66 to end a…

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Hamm, Kaiser Make Ten Wealthiest U.S. Oil Tycoon List

Two Oklahomans made the Wealth-X list of the wealthiest U.S. oil tycoons. Continental Resources Founder Harold Hamm ranked as the third wealthiest, while Tulsa’s George Kaiser came in as the fifth wealthiest. Wealth-X released its list Tuesday.
The to…

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Strong Dollar Pushes Oil Lower on Tuesday

The U.S. dollar showed strength on Tuesday and pushed oil prices down. July West Texas Intermediate crude on the New York Mercantile Exchange lost $1.69 to settle at $58.03 a barrel. On the London ICE Futures Exchange, July Brent crude dropped $1.80 to…

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Oklahoma Firm had Role in Restoration of Historic Plane

An Oklahoma Company has had a role in the restoration of an historic 1937 Lockheed 10A “Electra”, a sister plane to the one flown by Amelia Earhart when she disappeared on an around-the-world attempted flight. Restoration work is underway by Wichita A…

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Oklahoma Firm had Role in Restoration of Historic Plane

An Oklahoma Company has had a role in the restoration of an historic 1937 Lockheed 10A “Electra”, a sister plane to the one flown by Amelia Earhart when she disappeared on an around-the-world attempted flight. Restoration work is underway by Wichita A…

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Electric Utility Executive Retiring

After 34 years with the Empire District Electric Company that serves customers in Oklahoma, Missouri, Kansas and Arkansa, William Gipson will retire from the Board of Directors of the Joplin, Missouri based company.
Gipson joined Empire in 1981 in the…

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U.S. Markets Closed, Brent Crude Falls on Monday

The U.S. markets were closed on Monday for the Memorial Day Holiday, however, trade continued overseas. July Brent crude lost 20-cents to end trade at $65.17 a barrel on the London ICE Futures Exchange.
European economic news weighed on the markets Mo…

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Midstates Petroluem Increases Its Liquidity

Tulsa based Midstates Petroleum Company shored up its liquidity last week by completing a series of transactions. The company completed a private offering of Senior Secured Second Lien Notes at par with an aggregate principal amount of $625 million and…

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Seventy Seven Energy Announces Sale of Hodges Trucking

Seventy Seven Energy announced Monday it was selling Hodges Trucking Company, LLC. The buyer is a wholly-owned subsidiary of Aveda Transportation and Energy Services Inc. Terms of the deal were not disclosed.
Hodges Trucking operates and owns approxim…

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