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New study points to vast, untapped oil resources |
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Broken Arrow energy analyst Rafael Sandrea rolls his eyes when he considers today's $120 oil futures, much less forecasts of $150 or more. As energy traders and government leaders fear existing reserves and production may no longer meet
rising demand from China, India and other emerging nations, much less the U.S., Sandrea offers a radical reminder – more than 11 trillion barrels of identified light, sweet crude still remain untapped in the ground, ready and waiting.
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Bricktown panel approves a new Holiday Inn Express |
Plans for a Holiday Inn Express cleared the Bricktown Urban Design Committee Friday after two visits by the developer to the committee in the last few months.
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Okla. oil, gas stocks solid in past year |
Some of the oil and gas stocks most familiar to Oklahomans made solid increases over the last year, and for the most part, commodities prices are the reason. Greg Womack of Womack Investment Advisors said oil priced over $128 per barrel
and natural gas at more than $11 per thousand cubic feet have given a lift to oil and gas stocks.
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Officials aim to tame payday lenders |
If there's a Wild West in the financial world, it's probably Internet payday lending, which states are finding difficult to regulate, if they can do it at all. Jack Stone, interim administrator of the Oklahoma Consumer Credit Department,
is trying to get a handle on the problem in Oklahoma.
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