Oklahoma Energy Index

Energy Index Graph

 

Energy Index Chart

 

 

Press Releases

Displaying 1 - 10 of 30
July 19th, 2017
A 5 percent decrease in the price of crude oil resulted in a modest contraction of the Oklahoma Energy Index. A decrease in average monthly crude oil prices from $51.06 to $48.48 sent the Oklahoma Energy Index to 168.8 using data collected in May, a...
June 22nd, 2017
The state’s oil and natural gas industry continues its recovery from the oil price rout that started in 2014.   The Oklahoma Energy Index stood at 170.2 using data collected in April, a 0.6 percent decrease from the previous month’s...
May 3rd, 2017
Continued growth in oil and natural gas industry employment has moved the Oklahoma Energy Index higher for the month, marking the eighth month in the last 10 that industry activity has increased.   Another 2,100 oil and natural gas industry...
April 13th, 2017
Significant growth in rig activity and corresponding oil and natural gas industry employment helped the Oklahoma Energy Index mark the seventh straight month of industry expansion as the state’s defining industry pushes toward recovery....
March 22nd, 2017
The Oklahoma Energy Index continues to show signs of oil and natural gas industry growth, with increased rig activity and the employment associated with it driving the most recent index upward. Primary wage and salary oil and gas employment gained...
February 17th, 2017
The Oklahoma Energy Index expanded at the fastest pace in more than five years thanks to significant gains in oil and natural gas prices and an increase in statewide drilling activity. A 40 percent increase in the monthly average for natural gas...
January 10th, 2017
A $4 decrease in crude oil prices and a 14 percent fall in natural gas prices stopped the upward trajectory of the Oklahoma Energy Index, putting an end to three consecutive months of index growth to close 2016. Average spot crude oil prices fell...
December 6th, 2016
Led by gains in oil prices and drilling activity in the state, the Oklahoma Energy Index has expanded for the third consecutive month. Average spot crude oil prices rose more than 10 percent from the previous month, and average weekly active...
October 14th, 2016
After two years of losses, Oklahoma’s oil and natural gas industry has added jobs, further signaling an end to the industry downturn that has hamstrung the local economy. The Oklahoma Energy Index showed a gain of 100 jobs in energy production...
September 8th, 2016
The marginal ups and downs of the Oklahoma Energy Index are signs of recovery in the state’s oil and natural gas industry, said the economist who compiles the monthly data used to track industry growth. The Energy Index, a measure of oil and...
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