Energy industry still key to Oklahoma economy
The latest revenue shortfall in Oklahoma is a reminder that despite recent efforts to diversify the state's economy, its financial fortunes still rise and fall with those of the energy industry.
More than 25 years after the famed oil bust devastated the Oklahoma economy, the culprit this time is natural gas prices that have dropped well below $3 per 1,000 cubic feet — the lowest point since 2002.
In anno...
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