Cushing News

Corey Goulet, Vice president of Canada's Keystone Projects, thinks the United States needs more heavy, high-sulfur Canadian tar sands crude.

We'll watch the data each and every night, We'll start to cover if it looks too bright.

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Emergency officials were preparing to survey tornado damage Saturday morning following a deadly storm that toppled cars and left commuters trapped on a highway as it bore down during Friday's evening rush.

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A surge in Canadian oil exports to the United States helped propel the country's economy in the first quarter to its fastest growth pace since 2011, even as domestic demand expanded at the slowest rate since the 2009 recession.

A strong storm system that prompted tornado warnings in the U.S. crude futures hub in Cushing, Oklahoma, on Thursday passed through without damaging tanks that store more than 50 million barrels of oil, an emergency management official said.

The clouds of a thunderstorm roll over neighbourhoods heavily damaged in a tornado in Moore, Oklahoma, May 23, 2013.

The Payne County District Attorney's Office filed two bills of particular Wednesday arguing for the death penalty for Justin Allen Kelley and Denny Sisney.

Oil supplies rose to the highest level in more than three decades as they climbed 4.4 million barrels to 395.1 million last week, the American Petroleum Institute said.

The North American oil trade is moving to a new, more intensely regional phase. For the next year, the main pressure point will not be at Cushing, Oklahoma, but rather in regional markets.

All told, close to three million barrels per day of new pipeline and rail capacity is forecast to come on line by 2015-16 to take U.S. and Western Canadian crudes to the Gulf of Mexico alone, CERI estimates show.

In April NBC featured a program on the tar sands oil coming from Canada and their report was disputed on the website http://oilsandfactcheck.org , the owner of the site is "hidden" but one can only imagine it might be a "front" group of the Koch boys, as they stand to profit dearly , from the Keystone XL Pipeline.

According to the Oklahoma State Bureau of Investigation, at about 6:30 a.m. Friday, a passerby discovered the body of 32-year-old Amber Nicole Sporleder near Harmony Road, a half mile north of East River Bend Road northeast of Cushing.

The purveyors of doom and gloom were all still hawking their services there. But the primary solution they offer - a cure-all elixir for everything that ails markets - was beginning to wear thin.

Energy infrastructure in Oklahoma largely escaped the fury of a vicious tornado that ripped through a central Oklahoma city on Monday, though a natural gas pipeline reported some damage, companies said.