OklahomaMinerals.com

Snippets

• ☕️What Else is Brewing Friday Morning
  OpenAI rolled out a more advanced ChatGPT model. Unsatisfied...
  OpenAI rolled out a more advanced ChatGPT model. Unsatisfied with the waves made by its $1 billion deal with Disney, OpenAI made more news yesterday when it unveiled GPT-5.2, the latest version of its signature chatbot that the company says can perform a range of tasks better than predecessors. Per OpenAI, the model is faster at finding information, translating, and coding, and is better at figuring out more complex tasks like math. The announcement comes about a week after CEO Sam Altman declared a “code red,” telling employees that ChatGPT needed to beef up, or risk falling behind rivals like Google’s Gemini 3.
  
  The US is preparing to seize more Venezuelan oil tankers following the seizure of one earlier this week, Reuters reported.
  
  Kilmar Abrego Garcia, a Maryland resident who was mistakenly deported to El Salvador, must be immediately released from a Pennsylvania detention facility while his case continues, a federal judge ruled yesterday.
  
  Mike Lindell, the founder of MyPillow and a 2020 election conspiracy theorist, is running for governor of Minnesota, he announced yesterday.
  
  US unemployment claims jumped by the most since 2020 last week, according to Labor Department data.
  
  Microsoft AI executive Mustafa Suleyman promised the company will stop work on artificial intelligence if it becomes a threat to humanity, he told Bloomberg.
  Read More
• DAILY OIL PRICE: December 11, 2025
  Crude Oil: 57.60   (-0.86)....
  
  
  • Crude Oil: 57.60   (-0.86).
  
  
  • Nymex MTD AVG: 59.0918.
  
  
  • Natural Gas: 4.231   (-0.364).
  
  
  • Gasoline: 1.7598   (-0.0217).
  
  
  • Spreads: January/February (+0.15)     February/March (+0.10).
  
  
  • Plains WTI Posting: 54.08   (-0.86).
  
  

  
  Source: Odessa American
  
  
  Read More
• Stock Market Closing Report - Thursday, December 11, 2025
  U.S. stocks diverged sharply on Thursday as investors...

  U.S. stocks diverged sharply on Thursday as investors rotated out of high-flying tech stocks following disappointing Oracle earnings, while the Dow and S&P 500 hit new record highs.

  
  

  Major Index Performance:

  
  ☑️ Dow Jones Industrial Average: surged 646.26 points (+1.34%) to finish at 48,704.01, reaching a fresh closing high and new intraday record.
  
  ☑️  S&P 500: rose 0.21% to settle at 6,901.00, notching a new closing record.
  
  ☑️  Nasdaq Composite: pulled back 0.25% to finish at 23,593.86
  

  Market Drivers: The market action reflected a dramatic rotation from technology stocks into economically sensitive sectors following Oracle's disappointing results. Oracle stock tanked nearly 11% after the software giant missed on cloud sales and hiked its already aggressive data center spending by $15 billion, reviving concerns about AI overspending.

  
  

  Despite tech weakness, investors remained encouraged by yesterday's Fed rate cut and Chair Powell's reassuring comments. Powell hinted that a rate hike would be off the table for January while talking up the US economy's strength

  Read More
• Sanctions leave a wave of crude stranded at sea
  The volume of crude oil sitting on tankers at sea has climbed to about...
  The volume of crude oil sitting on tankers at sea has climbed to about 1.4 billion barrels, roughly 24% above the seasonal norm as sanctions on Russia, Iran and Venezuela slow sales and leave more barrels stranded offshore. Increased production from OPEC+ and non-OPEC countries is deepening the glut, though China's quiet stockpiling of crude has kept oil benchmarks steady. However, if these stranded barrels begin moving onshore or sanctioned exporters succeed in rerouting them, the added supply could quickly pressure prices.
  Read More
• Regulatory Whiplash Biggest Roadblock to Meeting US Power Surge
  Energy sector executives convened at the Reuters Energy...

  Energy sector executives convened at the Reuters Energy Live conference in Houston on December 9 identified regulatory unpredictability as the foremost obstacle to meeting America's surging electricity demand. Despite industry readiness to deploy natural gas, renewables, storage, and emerging technologies, inconsistent state regulations and shifting federal policies across administrations are significantly delaying project development.

  
  

  Equinor's U.S. upstream and country manager, Chris Golden, emphasized that fragmented requirements and policy volatility substantially increase costs and timelines, hampering competitiveness for capital allocation. NRG Energy's Rob Gaudette underscored the challenge of financing multi-billion-dollar infrastructure with 30-year lifespans amid evolving regulatory frameworks across 50 states and changing federal administrations.

  
  

  The uncertainty particularly affects large industrial customers and data center developers, driving demand growth. Variables, including tax incentive qualifications, carbon rule enforcement, and environmental review requirements, fluctuate with election cycles, complicating long-term investment decisions. Executives warned that without regulatory clarity, load development will migrate toward states with more stable business environments, potentially limiting deployment opportunities. Industry leaders stressed that all energy sources will be necessary to meet anticipated demand growth driven by electrification, manufacturing reshoring, and data center expansion.

  Read More

• Prev
• Next