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Top News & Analysis Oklahoma

  • CAMARILLO, Calif.— The average price of a gallon of regular-grade gasoline rose 2 cents nationally during the past two weeks, to $2.33. Gas in Los Angeles was the highest in the contiguous United States at an average of $2.94 a gallon Friday. The lowest average was in Tulsa, Oklahoma, at $2.02 per gallon.

  • BOSTON— A new nickname for the river valley in western Massachusetts isn't sitting well with some residents. Pioneer Valley generally refers to the Massachusetts portion of the Connecticut River Valley. It includes Springfield, New England' s fourth largest city, and the college towns of Amherst, Northampton and Holyoke.

  • The number of demonstrators had dwindled from the thousands who poured into the camp starting in August to oppose the pipeline that critics say threatens the water resources and sacred land of the Standing Rock Sioux Tribe. The 1,170- mile line, built by Energy Transfer Partners LP, will move crude from the shale oilfields of North Dakota to Illinois en route to...

  • WAGONER, Okla.— Authorities say four people were injured when a private natural gas well exploded in eastern Oklahoma. Wagoner County Emergency Manager Heath Underwood says the explosion happened Thursday night as contract workers were repairing a gas line near Wagoner, about 125 miles northeast of Oklahoma City. The Tulsa World reports that the gas line had...

  • NEW YORK/ HOUSTON, Feb 24- Traders are turning the spigots to drain the priciest storage tanks holding U.S. crude stockpiles as strengthening markets make it unprofitable to store for future sale and cuts in global production open export opportunities. From Houston through Louisiana to floating storage in the Gulf of Mexico, traders are starting to ship crude...

  • TULSA, Okla. _ SemGroup Corp. on Thursday reported fourth-quarter profit of $12 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share. SemGroup shares have fallen nearly 6 percent since the beginning of the year.

  • NEW YORK, Feb 23- U.S. crude oil stockpiles rose last week for a seventh straight week but less than forecast, while gasoline inventories fell far more than expected as refineries cut output, the Energy Information Administration said on Thursday. With those two together, the U.S. is becoming an export juggernaut, "said John Kilduff, partner at New York energy hedge...

  • NEW YORK, Feb 23- U.S. crude oil stockpiles rose last week for a seventh straight week but less than forecast, while gasoline inventories fell far more than expected as refineries cut output, the Energy Information Administration said on Thursday. By 11:30 a.m. EST or half an hour after the report, however, U.S. crude futures pared gains to 1.5 percent at $54.40 a...

  • TULSA, Okla. _ AAON Inc. on Thursday reported fourth-quarter net income of $11.4 million. Aaon shares have dropped 1 percent since the beginning of the year. Access a Zacks stock report on AAON at https://www.zacks.com/ap/AAON.

  • TULSA, Okla. _ Unit Corp. on Thursday reported fourth-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share. Three analysts surveyed by Zacks expected $168.3 million.

  • OKLAHOMA CITY _ OGE Energy Corp. on Thursday reported fourth-quarter profit of $57.9 million. OGE Energy expects full-year earnings to be $1.93 to $2.09 per share. OGE Energy shares have climbed 4.5 percent since the beginning of the year.

  • OKLAHOMA CITY— Aggressive cost-cutting helped Chesapeake Energy Corp. narrow its fourth-quarter loss to a mere fraction of the massive $2.2 billion loss a year ago, but investors were unimpressed as shares fell more than 6 percent in midday trading as commodity prices in the energy sector remain flat. Earnings, adjusted for non-recurring costs, came to 7...

  • WASHINGTON— When a summer thunderstorm knocked out power to Scott Pruitt's home three years ago, the then-attorney general of Oklahoma reached out to a lobbyist for American Electric Power. The 2013 email exchange is one of dozens reviewed by The Associated Press that underscore the cozy ties between the new head of the Environmental Protection Agency and...

  • That added to optimism earlier in the week when the Organization of the Petroleum Exporting Countries said a deal with other producers including Russia to curb output was showing a high level of compliance. However, for prices to break out of their trading ranges, the market needs to see signs that OPEC inventories are falling, said Tony Nunan, oil risk manager at...

  • That added to optimism earlier in the week when the Organization of the Petroleum Exporting Countries said a deal with other producers including Russia to curb output was showing a high level of compliance. However, for prices to break out of their trading ranges, the market needs to see signs that OPEC inventories are falling, said Tony Nunan, oil risk manager at...

  • However, for prices to break out of their trading ranges, the market needs to see signs that OPEC inventories are falling, said Tony Nunan, oil risk manager at Mitsubishi Corp. in Tokyo. "It's a battle between how quick OPEC can cut without shale catching up," Nunan said, referring to U.S. drilling in shale formations that has shown an upsurge after prices rose this year.

  • West Texas Intermediate crude April contract added 41 cents, or 0.8 percent, to $54.00 a barrel at 0011 GMT. Crude inventories fell by 884,000 barrels in the week to Feb. 17 to 512.7 million, compared with analysts' expectations for an increase of 3.5 million barrels, data from industry group the American Petroleum Institute showed on Wednesday.

  • TULSA, Okla. _ ONE Gas Inc. on Wednesday reported fourth-quarter earnings of $42.3 million. ONE Gas expects full-year earnings to be $2.87 to $3.07 per share. ONE Gas shares have climbed almost 1 percent since the beginning of the year.

  • TULSA, Okla. _ WPX Energy Inc. on Wednesday reported a loss of $172 million in its fourth quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 17 cents per share. Eight analysts surveyed by Zacks expected $297.6 million.

  • OKLAHOMA CITY _ Continental Resources Inc. on Wednesday reported fourth-quarter net income of $27.7 million, after reporting a loss in the same period a year earlier. The average estimate of 15 analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share. Continental Resources shares have dropped 12 percent since the beginning of the...