February hasn’t been kind to Oklahoma’s energy sector, as two major Sooner State companies announced their intentions to head south to Texas. Now, the president of an Oklahoma natural gas trade association is speaking out about the state’s recent losses to the Lone Star State.
Oil price spikes to $90-$100 per barrel are “within reach” as the United States and Iran appear close to war, Fereidun Fesharaki, Chairman Emeritus at energy market consultancy FGE NexantECA, told Bloomberg Television on Monday.
Curious Minds Corner
What does the “E” in E85 fuel represent?
The E stands for Ethanol, a common blend seen at gas stations for alternative fuel.