Share “Oklahoma energy industry report shows...”

Oklahoma energy industry report shows economic boost

Published: May 9, 2012
Advertisement

OKLAHOMA CITY (AP) — A report commissioned by Oklahoma's energy industry shows one out of six jobs in the state is generated by oil and gas production.

The report released Wednesday by economists at Oklahoma City University shows the state's economy continues to be driven by oil and gas production.

The report's author, economist Russell Evans, says the industry has added nearly 12,000 jobs over the last two years, helping Oklahoma return almost completely to its pre-recession job peak. The report also notes that the state's tax on the production of oil and natural gas alone accounts for 12 percent of the money the state appropriates each year.

The report was commissioned by the Oklahoma Energy Resources Board, a group funded by oil and gas producers and mineral owners.


AROUND THE WEB

  1. 1
    Where does OU rank among college football's running back units?
  2. 2
    The best jobs for every personality type
  3. 3
    Lankford: Changing Washington 'takes strong families, strong churches and strong communities'
  4. 4
    Trial delayed for former sheriff's deputy charged with sexual battery
  5. 5
    County Commissioner booked on new charges; discussion on ouster set for Monday
+ show more

FEATURED JOBS



× Trending energy Article