Latest Oklahoma Energy Index shows it slowed in November

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By Jack Money Business Writer jmoney@oklahoman.comOklahoma's oil and gas industry slowed in November as crude oil prices cooled, a monthly energy index released on Thursday reported. The Oklahoma Energy Index's author also indicated Thursday he expects that slowdown will continue as the state's energy producers recalibrate their 2019 plans after seeing crude prices plunge by nearly 40 percent the final quarter of 2018. "As current budget commitments wind down and are replaced with more moderate budgets in 2019, oil and natural gas activity in the state will slow considerably," said Russell Evans, an associate economics professor who is the executive director of Oklahoma City University's Steven C. Agee Economic Research and Policy Institute. The...

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Latest Oklahoma Energy Index shows it slowed in November

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