OklahomaMinerals.com

Snippets

• Solar power may be coming to the moon
  Blue Origin claims it cracked the mystery of how to turn ...
  Blue Origin claims it cracked the mystery of how to turn moon dust into solar panels—something scientists have been trying to do since astronauts first brought the stuff back to Earth. The company dropped the news with surprisingly little fanfare for a potentially major breakthrough, but if Bezos’s space force really is able to replicate the Earth-bound experiments it’s done so far on the moon, it would be a game changer. The company is reportedly trying to pitch its tech to NASA for building lunar infrastructure that could ultimately help get us to Mars.
  Read More
• Closing Oil & Gas Prices For Friday
  Benchmark U.S....

  Benchmark U.S. crude oil for March delivery fell $2.15 to $76.34 a barrel Friday. Brent crude for April delivery fell $2.14 to $83 a barrel.

  
  

  Wholesale gasoline for March delivery fell 3 cents to $2.41 a gallon. March heating oil fell 10 cents to $2.71 a gallon. March natural gas fell 11 cents to $2.28 per 1,000 cubic feet.

  Read More
• Dow ends higher Friday, but stocks finish week in the red
  U.S. stocks closed mostly lower on Friday, with the S&P 500 and Dow both ending a choppy week with...
  U.S. stocks closed mostly lower on Friday, with the S&P 500 and Dow both ending a choppy week with losses, as concerns reared back up about how quickly the Federal Reserve might need to hike rates to cool stubbornly high inflation. The Dow Jones Industrial Average DJIA rose about 130 points on Friday, or 0.4%, ending near 33,826, while posting a 0.1% weekly drop, according to preliminary data from FactSet. The S&P 500 index SPX shed 0.3% Friday and lost 0.3% for the week, posting back-to-back weekly declines. The Nasdaq Composite Index COMP fell 0.6% Friday, but a 0.6% weekly gain. The backdrop for stocks has gotten cloudier in recent sessions as surging wholesale prices signaled that inflation could continue to be slow to retreat in the U.S. Several Fed speakers this week also pointed anxiously to inflation that isn’t retreating fast enough, triggering concern in markets that the Fed might need to fire off more rate hikes and keep them in restrictive territory for longer than initially anticipated.
  Read More
• Most Expensive Historical Document
  An 1,100-year-old copy of the Hebrew Bible could become the most expensive historical document ever sold....
  An 1,100-year-old copy of the Hebrew Bible could become the most expensive historical document ever sold. Known as the Codex Sassoon, the 26-pound treasure is going up for auction in May and is expected to fetch between $30 million and $50 million. The book will set the record if it goes for more than $43.2 million, which is what Citadel CEO Ken Griffin famously spent on a copy of the US Constitution in 2021.
  
  
  Read More
• BP Acquires TA for $1.3 Billion
  BP Products North America Inc., a wholly-owned subsidiary of BP p.l.c., has acquired TravelCenters of...
  BP Products North America Inc., a wholly-owned subsidiary of BP p.l.c., has acquired TravelCenters of America Inc. (TA) for $86 per share, approximately $1.3 billion in total equity value, BP and TA announced in separate press releases on Feb. 16.
  
  The acquisition adds a network of 280 travel centers along major U.S. highways across 44 states to BP’s convenience and mobility business. Averaging about 25 acres, the travel stops include about 600 full-service and quick-stop restaurants and repair and maintenance services for trucks.
  Read More

• Prev
• Next