Long iPhone lines TW 2

E 2 n n Saturday, September 21, 2013
OKLAHOMA AGRICULTURE
Oklahoma markets
The state Department of Agriculture
reported the following closing prices
Friday.
U.S. No 1 HARD RED WINTER
WHEAT: .09 to .10 lower. 6.23-6.88.
Davis 6.23, Manchester 6.67, Hobart,
Shattuck 6.68, Alva, Bufalo 6.69, Ban-
ner, Cherokee, El Reno, Geary, Lawton,
Medford, Okarche, Okeene, Ponca City,
Temple, Watonga 6.72, Frederick, Law-
ton 6.73, Clinton, Perry, Stillwater 6.75,
Eldorado, Weatherford 6.78, Hooker,
Keyes 6.88, Gulf 7.625.
MILO: .16 to .17 lower. 7.07-8.08.
Manchester 7.07, Keyes, Weather-
ford 7.33, Alva, Bufalo, Medford, Ponca
City, Shattuck 7.51, Hooker 8.08.
SOYBEANS: .25 to .60 lower. 12.75-
12.95.
Alva, Bufalo, Medford, Ponca City,
Shattuck 12.75, Stillwater 12.80, Hooker
12.95, Gulf 14.075.
CORN: .09 lower. 4.26-4.78.
Medford, Ponca City 4.26, Man-
chester 4.31, Keyes 4.76, Hooker 4.78,
Gulf 5.14.
CANOLA (CWT) N/A.
Red Rock, El Reno, Yukon, Apache,
Dacoma, Enid, McWillie, Clyde, Hills-
dale, Bison N/A.
COTTON: Grade 41, Leaf 4, Staple
34 Cotton in southwestern Oklahoma
averaged 82.50 cents per pound.
EGGS: Large 1.25; medium 1.00;
small 82 cents.
mental Protection Agency’s
first attempt to regulate car-
bon dioxide emissions on
new coal and gas-fired pow-
er plants was withdrawn in
April when it became clear
the rule would be overturned
in federal court.
The new draft regulations,
issued Friday, would impose
a cap on carbon-dioxide
emissions from new power
plants. Restrictions on emis-
sions of sulfur dioxide and
other pollutants have been in
place for years, but these will
be the first for the gases most
blamed for global warming.
“It’s a new day,” Vicki Ar-
royo, director of the climate
program at Georgetown
University, told Bloomberg
News. Carbon dioxide is
unique because “it’s a ubiqui-
tous pollutant, we all contrib-
ute to it in our daily lives, and
it’s contributing to a global
problem,” she said.
As part of a compliance
plan on regional haze and
toxic air standards, Tulsa-
based American Electric
Power-Public Service Co.
of Oklahoma, plans to shut
down its two coal-fired units
at Oologah — one in 2016 and
one in 2026.
But the proposed rules on
new coal power plants aren’t
entirely a moot point, AEP-
PSO spokesman Stan White-
ford said. The first unit will
be replaced with gas-fired
generation and purchased
power, but a decision hasn’t
been made on the unit clos-
ing in 2026.
“We will at some point to-
wards the end of this decade
be making plans for how we
will replace that energy when
we close the second unit,” he
said.
Whiteford said the com-
pany’s options will include
purchasing power from exist-
ing facilities or building a new
gas- or coal-powered facil-
ity. The further development,
availability and cost of clean-
coal technology in the future
will be a key factor in deciding
if AEP-PSO would pursue a
new coal-fired plant, he said.
Whiteford said the utility’s
most immediate concern is
not about new power plants
but the EPA rules on carbon
dioxide limits on existing gas-
and coal-fired plants that are
expected to be announced in
June 2014.
These new rules are ex-
pected to be more far-reach-
ing and the first for gases
blamed most often for global
warming.
Oklahoma Gas & Electric
spokesman Brian Alford said
his company has no plans to
add coal generation, but that
it will be watching the new
rules closely and that they
will be challenged.
“We made our goal very
clear that we want to prolong
the need for fossil fuel gen-
eration until at least 2020,”
he said.
Alford said the company
wants to allow time for clean-
coal technology to develop
and become sustainable so
OG&E can implement it in
the future.
OG&E’s coal-fired power
generation plants in Musk-
ogee and Noble have been
scrutinized by federal regu-
lators and environmentalists.
The Sierra Club filed a law-
suit against OG&E in Musk-
ogee federal court, alleging
that the state’s largest utility
violated the Clean Air Act by
making insufcient emis-
sions improvements.
The company lost a battle
when the 10th U.S. Circuit
Court of Appeals in Denver
voted 2-1 in July to uphold
the federal cleanup compli-
ance plan opposed by Okla-
homa Attorney General Scott
Pruitt and the utility.
The last coal plant built in
the state was AES’s Shady
Point facility in 1990 in Pan-
ama, records show.
Since then there have been
several coal plant propos-
als, but they have been de-
feated in recent years. They
include AES’s Shady Point
II in Panama and OG&E and
AEP-PSO’s joint project, the
Red Rock Generating Facility,
near Red Rock.
Bloomberg News contributed to this
report.
Susan Hylton 918-581-8381
[email protected]
COAL
FROM E1
FYI: BUSINESS
Rig count 19 percent
lower than year ago
The number of drilling rigs
actively exploring for oil or
natural gas in Oklahoma fell
by two this week to 162, Baker
Hughes Inc. reported Friday.
The tally is down 19 percent
from a year ago, when it was
38 units higher at 200.
Nationwide, the net number
of active drilling rigs fell by
seven to 1,761 this week,
according to Houston-based
Baker Hughes. That’s down 5
percent from a year ago, when
the tally was 1,859.
Of the rigs operating this
week across the country, 1,369
were exploring for oil, 386
for gas and six were listed as
miscellaneous.
Friday on the New York
Mercantile Exchange, bench-
mark oil for October delivery
dropped $1.72, or 1.4 percent,
to close at $104.67 per barrel.
For the week, oil dropped
$3.54, or 3.3 percent.
Natural gas fell 3 cents
Friday to $3.69 per 1,000
cubic feet.
— FROM STAFF AND WIRE REPORTS
were telling customers in line
that the store was out of the
gold and silver iPhone 5S and
had only the gray model left.
That news derailed the
plans of Josh Barrow, who
wanted to pick up a colorful
phone but, at 7:15 a.m., ar-
rived too late.
“I set my alarm for 2:30
a.m. and I slept right through
it,” he said.
The AT&T store at Tulsa
Hills Shopping Center at-
tracted a line of more than
three dozen customers. Mi-
chael Reed, who arrived at 6
a.m. and was about 20 people
back, said he was surprised to
see the line, but he felt he was
overdue for an upgrade.
“I’ve got a 3G iPhone,” he
said. “It’s a collectors item by
now.”
The iPhone 5C, an altered
version of the now-discon-
tinued iPhone 5 that features
multiple colors to choose
from, starts at $99 with a
two-year contract.
Apple’s new flagship
iPhone, the 5S, features a fin-
gerprint sensor, auto-adjust-
ing two-toned camera flash, a
faster processor and more. It
starts at $199 with a two-year
contract.
Other carriers and stores
carrying the iPhone include
Best Buy, Walmart, Radio
Shack, Target, Sprint, T-Mo-
bile, Verizon and U.S. Cellu-
lar.
Robert Evatt 918-581-8447
[email protected]
IPHONE
FROM E1
Oklahoma active rig count
Sept. 20, 2013
Source: Bloomberg Services Tulsa World

162
-2
150
100
200
4th Q 1st Q 2nd Q 3rd Q
2012 2013
that executive-suite prosper-
ity is coming at the expense
of average Americans who
either can’t get hired at those
companies or, if they do have
a job, can’t get a raise.
Instead of the illusion of
economic growth being fu-
eled by shaky mortgage lend-
ing, we now have the Federal
Reserve acting as the enabler
with its stimulus program.
Usually, a doctor pre-
scribes a short-term treat-
ment of antibiotics to cure
a sick patient. If the patient
doesn’t get better in a few
weeks, the doctor looks again
to see if he misdiagnosed the
malady.
In the current environ-
ment, if the U.S. were a
patient, it would have been
receiving its antibiotics for
about four years.
In most recoveries that
lead to truly healthy econo-
mies, hiring surges, consum-
er spending soars and things
get so hot you have to start
worrying about inflation.
Right now, none of those
boxes is getting checked.
Average workers who are
waiting for some relief may
find things getting worse.
“There’s a coldness and
ruthlessness in the corporate
world now that’s unprec-
edented,” Tulsa money man-
ager Fred Russell told me in
a telephone interview.
“For example, Walgreens
just announced it was mov-
ing its workers to private
health exchanges and Home
Depot is dropping medical
coverage for 20,000 of its
part-timers,” he said.
Meanwhile, domestic
companies are doing more
expansion in China, Mexico
and Vietnam than they are
here, said the veteran analyst
and principal of Fredric E.
Russell Investment Manage-
ment Co.
The Fed seems to be
waking up to the corrosive
nature of this recovery. After
signaling to investors over
the summer that it was ready
to wind down its $85 billion-
a-month bond purchase
program and allow inter-
est rates to rise, it suddenly
backtracked this week and
said it would continue prop-
ping up the economy.
While the Dow Jones
industrial average and Stan-
dard & Poor’s 500 hit records
after the announcement,
some analysts began scratch-
ing their heads after taking a
few minutes to ponder what
the decision really meant.
“We want to see stock
prices go up for the right
reasons. It’s a little perverse,”
Jefrey Cleveland, a senior
economist at Payden & Rygel,
told the Los Angeles Times.
So, if investors are so jit-
tery, why are they putting so
much money in the market?
“I call it the ‘no-choice
rally,’” author and former
investment banker Wil-
liam Cohan told me earlier
this week. “With the Fed
keeping interest rates down
artificially and companies
having low labor costs and
high profits, investors liter-
ally have no other choice but
stocks if they want to get a
good return.”
Cohan is warning of
another collapse on Wall
Street — perhaps in as little
as three years — because
he thinks regulators haven’t
done enough to fix problems
exposed by the systemwide
meltdown in 2008.
Russell isn’t predicting a
deep recession yet, but he
said growth could be slow in
2014 and 2015.
Investors seemed to be
taking some of these sober
observations into consid-
eration. After the Dow hit
a record of 15,676.94 on
Wednesday following the
Fed’s statement, it fell a com-
bined 255 points Thursday
and Friday.
Despite the lack of clarity
from the Fed and the nation’s
tenuous financial situation,
Russell said his advice for
investors is the same as it has
been for years.
“You should stay in the
market if you can tolerate the
risk,” he said.
The rest of this year could
continue to be bumpy, he
warned. Most of the “easy
money” in severely underval-
ued stocks already has been
made. “Those opportunities
are rare now,” he said.
And, there’s still the
troubling matter of trying to
figure out what’s really going
on in the economy.
“Right now, it’s like having
a sweet dessert and taking an
unpleasant pill at the same
time,” Russell said.
WEAK
FROM E1
15,448.09
Sept. 20, 2013
-1.19%
Dow Jones
industrials
15,654.77 High: Low:
15,451.09
Pct. change fromprevious:
Tulsa World
14.000
13,000
15,000
16,000
S A A M J J M
-185.46
Tulsa to host annual
energy conference
Gov. Mary Fallin will partner
with energy ofcials and
lawmakers next month for the
third annual Governor’s Energy
Conference, which will be held
in Tulsa this year.
The event takes place from 8
a.m. to 6 p.m. Oct. 9 at the Cox
Business Center downtown.
North Dakota Gov. Jack Dal-
rymple will give the keynote
address. Other speakers will
include Michael Teague, state
Secretary of Energy and Envi-
ronment; Gary Demasi, Google
Inc. director of operations;
and C. Michael Ming, general
manager of GE Oil & Gas Tech-
nology Center.
A panel discussion on edu-
cation, research and workforce
development will include
representatives of ONEOK
Inc., Helmerich & Payne Inc.,
Alliance Resource Partners LP
and Cimarex Energy Co.
The conference will be
presented by the governor and
the University of Tulsa’s Collins
College of Business in conjunc-
tion with the Secretary of
Energy and Environment, the
Department of Commerce, the
State Chamber, Tulsa Regional
Chamber and Saxum public
relations firm.
“Oklahoma is a national
leader in energy and innova-
tion,” Fallin said in a statement.
“This conference is a great
opportunity to bring together
industry leaders and policy
makers to discuss how we
can support Oklahoma energy
production and energy jobs.”
Contact Peggy Hancock at
918-631-2215 or at peggy-han-
[email protected] to register.
Individual registration cost is
$150.
For more information,
contact Maressa Treat at 405-
837-8331 or at maressa.treat@
doe.ok.gov.
View the agenda at tulsa-
world.com/energyconf.
— SUSAN HYLTON,
World Business Writer
BlackBerry to cut
4,500 employees
• The company
reports a loss of
nearly $1 billion.
TORONTO — It was once
so addictive it inspired the
nickname “CrackBerry.”
President Barack Obama
confessed to being among
the millions of devotees
who couldn’t bear to stop
tapping feverishly away on
its tiny keyboard. Madonna
once said she slept with
hers under her pillow.
Then came the iPhone.
And as even more smart-
phones flooded the mar-
ket, the BlackBerry failed
to keep up with apps and
other trends.
This year’s launch of
BlackBerry 10, its revamped
operating system and fanci-
er new devices — the touch-
screen Z10 and Q10 for key-
board loyalists — have failed
to turn things around.
At their peak in the fall of
2009, BlackBerry’s smart-
phones enjoyed global mar-
ket share of more than 20
percent. Their piece of the
pie has since evaporated to
just 1.5 percent.
On Friday the Canadian
company said it will lay of
4,500 employees, or 40 per-
cent of its global workforce.
BlackBerry said it lost near-
ly $1 billion in the second
quarter.
“This is the end of the
BlackBerry as we know it,”
BGC analyst Colin Gillis
said from New York.
Shares of BlackBerry
plunged 17 percent to finish
the day at $8.72.
iPhone 5S ofers robust upgrade
A
pple Inc., always the
innovator, decided to
double the fun with its
latest iPhone release Friday.
The company gave its legion
of fans a chance to upgrade
with the iPhone 5S, already
famous for its fingerprint
technology,
while also
reaching out
to budget-conscious consum-
ers with the 5C.
We took both for a test drive,
and here’s what we found:
iPhone 5S
Apple’s smartphone nam-
ing system previously gave
people an idea of what to
expect. A higher digit? That’s
a major upgrade. A new letter
behind the same digit? Just a
series of tweaks.
The iPhone 5S throws a
monkey wrench into the sys-
tem. Though the phone looks
nearly identical to the iPhone
5, there are enough new
features to make it a much-
improved experience.
I’m glad the iPhone 5S
comes in gray, silver or gold,
because otherwise you’d
think Apple slipped last year’s
model in new packaging.
Nearly everything about it is
the same as the 5, down to the
screen size, shape, weight and
color borders. The only real
diference is a slightly elon-
gated flash panel and a blank
home button.
Incidentally, the gold and
silver models appear to be
sold out in the Tulsa area.
The phone comes loaded
with iOS 7, the new operating
system that seeks to dazzle
you with bright colors and
flatness. I wrote a full review
of iOS 7 two days ago, but
here’s the gist — besides the
new look, an easily acces-
sible Control Center gathers
frequently used functions,
multitasking is better, iTunes
Radio gives you free streaming
music, and dozens of smaller
adjustments make for a signifi-
cantly improved system.
Keep in mind iOS7 can be
installed on the iPhone 4 and
up and the iPad 2 and up, so
it’s not necessary to get a new
device just for that.
There are three main chang-
es reserved for the iPhone 5S.
The marquee change is a
fingerprint sensor embedded
into the home button that can
record up to 10 digits.
Fingerprint technology
has been tried before with
middling results, so I kept my
expectations low. I shouldn’t
have. The sensor is so quick
and accurate that I had to
keep trying it to ensure I
wasn’t imagining what I was
seeing.
Simply place a finger on
the home button, and the
phone will recognize it in half
a second at most and unlock.
It works in any direction — I
kept trying to fool the sensor
by putting my finger at all
kinds of diferent angles, but
it was always recognized.
Finally, you can secure your
phone without having to take
the time to type in a security
code. Scanning is even a little
faster than the swipe-to-
open method. You can also
use a thumbprint rather than
a password to buy apps or
media — a convenience that
could be a little dangerous.
If fingerprint scanning isn’t
your thing, don’t worry — you
can still use security codes
and an opening swipe.
Next up is a camera that
proves that megapixels aren’t
everything. Though it’s the
same 8 megapixels as the
5, I consistently took better
pictures on the 5S.
The secret comes in a cam-
era lens with a larger aper-
ture, as well as a paired white
and amber flash. Rather than
bathe the scene with the
same light in every situation,
the 5S quickly determines
which of more than 1,000
combinations of the two will
bring out the best color in the
current light. The tradeof is
a somewhat slower shutter
speed in low-light situations,
but it’s well worth it.
We also have a faster, 64-bit
processor. That kind of im-
provement is frankly an unex-
citing prerequisite for nearly
all smartphone upgrades,
though it really does make a
diference in the speed of app
launches, data downloads and
video streaming.
Smartphones are a mature
technology, and we should
no longer expect regular
revolutions. Even so, the 5S is
a more robust and interesting
upgrade than we’ve seen from
Apple in some time.
iPhone 5C
You’ve probably heard the
joke by now — the “C” stands
for “cheap.”
Yes, it’s true the iPhone 5C
is less expensive, with the
base model starting at $99.
And yes, unlike the standard
anodized aluminum body the
others have, the iPhone 5C is
plastic.
Yet it doesn’t feel like a
cheap phone at all.
Let’s start with that plastic
body. It’s actually a polycar-
bonate plastic, similar to what
you might have on a high-end
appliance. It’s molded hand-
somely and has a nice, solid
feel in the hand.
Each of the five colors is
bright and pleasing, plus
they’re paired with a specific
background in the operating
system when you turn it on.
Put side-by-side with the
now-discontinued iPhone 5
and there are few diferences
in the dimensions. The 5C
looks to be a few millimeters
thicker and maybe a hair or
two heavier, but it’s not any-
thing that’s obvious.
The only other real change
is in the volume buttons,
which are rounded rect-
angles rather than small
circles. That tweak might
prevent some cases made
for the iPhone 5 from fitting
perfectly.
Compared to other smart-
phones in the $99 range, the
16GB iPhone 5C outperforms
the majority of them. But
there are plenty more phones
that can outperform the $199
32GB version of the 5C, and
if you’re an Apple fan who
really needs 64GB of smart-
phone storage, it seems like
a waste to spend $299 on
the 5C when an extra $100
will get you the significantly
improved 5S.
But if you’re looking for
the iPhone experience on a
tighter budget, the 5C is a
solid experience that won’t
leave you feeling like you’re
using an antique.
Robert
Evatt
robert.evatt
@tulsaworld.com
918-581-8447
TECH TEST
TULSAWORLD.COM
View video
demonstrations
Watch reviews of the iPhone
5S, 5C and the iOS 7 operating
system.
tulsaworld.com/tech
Michael Reed of Sapulpa reg-
isters his fingerprint on his new
iPhone 5S in the AT&T Wireless
store at Tulsa Hills Shopping
Center on Friday. 
MIKE SIMONS/Tulsa World