OklahomaMinerals.com

Snippets

• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for May delivery ...
  Benchmark U.S. crude oil for May delivery rose 28 cents to $85.43 per barrel Wednesday. Brent crude for June delivery rose 43 cents to $89.35 per barrel.
  
  Wholesale gasoline for May delivery was unchanged at $2.76 a gallon. May heating oil rose 2 cents to $2.73 a gallon. May natural gas fell 2 cents to $1.84 per 1,000 cubic feet.
  
  
  Read More
• Dow Jones finishes with third straight day of losses, S&P 500 books slight gain
  U.S. stocks finished mixed on Wednesday as investors weighed remarks...
  U.S. stocks finished mixed on Wednesday as investors weighed remarks from Fed Chairman Jerome Powell against strong U.S. economic data that suggests the need for higher-for-longer interest rates.
  
  The Dow Jones Industrial Average finished down by 43.10 points, or 0.1%, at 39,127.14 for its third straight session of losses, based on preliminary data. It had been up by as much as 135.52 points earlier in the day.
  
  The S&P 500 closed up by 5.68 points, or 0.1%, at 5,211.49 for its first advance in three sessions.
  
  The Nasdaq Composite ended up by 37.01 points, or 0.2%, at 16,277.46.
  
  
  Read More
• Oklahoma’s oil and gas tax revenue fell in March
  The amount of gross production tax revenue from Oklahoma’s oil and...
  The amount of gross production tax revenue from Oklahoma’s oil and gas production took another hit in March. State Treasurer Todd Russ reports the tax totaled $1.12 billion, down $901.2 million or 44.6% for the same 12-month period. He said total tax receipts for the past year through March came to $16.85 billion, a decline of 4.5% or $787 million.
  
  Compared to February, Oklahoma’s gross receipts totaled $1.34 billion, up $153.33 million or 12.9% from February. While oil and gas gross production tax revenue was down more than 12%, motor vehicle taxes increased by $8.9 million or 11.7%.
  
  Source: OK Energy Today
  Read More
• From Las Vegas: Tropicana Hotel Shutters
  The Tropicana ...
  The Tropicana closed its doors yesterday, marking an end to the third-oldest hotel-casino in Las Vegas, with ties to the Mafia and celebrities.
  
  Opened in 1957, the Tropicana was operated by an associate of mob boss Frank Costello. Costello was further tied to the resort when he was shot in New York carrying a paper with the resort's earnings. In the 1970s, the Tropicana was one of several hotels named in a mob plot to skim collectively $2M in gambling revenue from casinos. 
  
  The Tropicana, also known as the "Tiffany of the Strip," cost $15M to build—the most expensive Las Vegas resort at the time—and was frequented by celebrities including Elizabeth Taylor and Frank Sinatra. Parts of “The Godfather” and the James Bond franchise were filmed at the resort. See photos of the Tropicana here.
  Read More
• ☕️What Else is Brewing Wednesday Morning
  Huge earthquake rocks Taiwan. A 7.4 magnitude earthquake,...
  Huge earthquake rocks Taiwan. A 7.4 magnitude earthquake, Taiwan’s strongest in 25 years, struck the island early Wednesday, damaging dozens of buildings, roads, and bridges and killing at least seven people. Taiwan Semiconductor Manufacturing, the world’s top producer of advanced chips, evacuated some of its plants, but employees later returned to work. It was the most powerful earthquake to hit Taiwan since 1999, when a 7.7-magnitude quake killed more than 2,000 people.
  
  GE completed its three-way split, breaking its aerospace, energy, and healthcare businesses into three separate companies.
  
  Amazon is giving up on its cashierless “Just Walk Out” technology at its grocery stores.
  
  Germany is redesigning its Adidas national soccer team jerseys after claims that the number “44” resembled Nazi imagery.
  
  President Biden and China’s Xi Jinping reportedly had a phone chat about AI, Russia, fentanyl, and more in their first interaction since November.
  
  House Republicans introduced a bill to rename Washington, DC’s Dulles airport after Donald Trump.
  
  Joe Flaherty, the comedian and actor best known for his roles in SCTV, Freaks and Geeks, and Happy Gilmore, died at 82.
  Read More

• Prev
• Next