OklahomaMinerals.com

Snippets

• New pipeline eases Texas gas flow, but for how long?
  The launch of the Matterhorn...
  The launch of the Matterhorn Express pipeline has unclogged natural gas bottlenecks in Texas, bringing relief to producers and driving up prices at the Waha hub, where gas recently hit its highest level since mid-June. However, analysts warn the pipeline may be filled to capacity within 12 to 18 months, potentially causing constraints until the next major project, the Blackcomb pipeline, begins operations in 2026.
  Read More
• ☕️What Else is Brewing Tuesday Morning
  McDonald’s clarifies involvement in Trump visit but does not...
  McDonald’s clarifies involvement in Trump visit but does not endorse him. The fast-food giant wants to be unburdened by what has been: In a message sent to employees and reviewed by the Associated Press, the company said a franchisee reached out to corporate after he learned that the GOP presidential candidate wanted to visit a Pennsylvania restaurant. McDonald’s agreed to the event in Feasterville (a real place), during which Trump worked the fry station and answered questions through the drive-thru while the store was closed to the public. The message also said, “McDonald’s does not endorse candidates for elected office and that remains true in this race for the next president. We are not red or blue—we are golden.”
  
  Hugh Hefner’s youngest son, Cooper, wants to buy back the Playboy brand for $100 million.
  
  Blade Runner 2049’s producer sued Tesla, saying it ripped off copyrighted imagery for its recent robotaxi reveal.
  
  ByteDance, the parent company of TikTok, fired an intern who it claims “maliciously” interfered with the training of one of its AI models.
  
  A Bram Stoker short story that eluded biographers and scholars for over 130 years was found by a fan.
  
  
  Read More
• Oil prices gain, recouping some of last week's 7% loss
  Oil prices rose on Monday, recouping some of last week's more than 7%...
  Oil prices rose on Monday, recouping some of last week's more than 7% decline. Fighting in the Middle East has not let up, and the expectation of retaliatory Israeli attacks on Iran worries markets about supply from the region.
  
  Brent crude December futures settled up $1.23 at $74.29 a barrel, while U.S. West Texas Intermediate crude December futures closed up $1.35 at $70.04 a barrel.
  

  Brent settled more than 7% lower last week, while WTI lost around 8%. Those were the contracts' most significant weekly declines since Sept. 2, due to slowing economic growth in China and falling risk premiums in the Middle East.

  
  

  Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up operations against Palestinian militants, medics said. Israel also carried out targeted strikes on sites belonging to Hezbollah's financial arm in Lebanon.

  Read More
• Dow snaps 3-day winning streak, U.S. stocks mostly fall as Treasury yields climb
  U.S. stocks closed mostly lower on Monday, as 10- and...

  U.S. stocks closed mostly lower on Monday, as 10- and 30-year Treasury yields ended at almost three-month closing highs.

  
  

  The Dow Jones Industrial Average fell 344.31 points, or 0.8%, to end at 42,931.60, snapping a three-day winning streak, according to the FactSet data. The index logged its largest one-day point and percentage decline since October 7, 2024.

  
  

  The S&P 500 shed 10.69 points, or 0.2%, to finish at 5,853.98.

  
  

  The Nasdaq Composite gained 50.45 points, or 0.3%, to close at 18,540.00

  Read More
• Energy Dept. offers $3B loan guarantees for SAF plants
  The US Department of Energy...
  The US Department of Energy has committed $3 billion in loan guarantees to boost two companies producing sustainable aviation fuel. Montana Renewables could receive up to $1.44 billion to expand its facility in Great Falls, Mont., which means biofuel from leftover oil and grease, while Gevo could get a $1.46 billion loan guarantee to build a new refinery in Lake Preston, S.D., that would make SAF from corn ethanol.

  
   
  Read More

• Prev
• Next