A new fact sheet from Oklahoma Policy Institute looks at Oklahoma's gross production tax and takes a specific look at the tax exemptions that are offered for different forms of oil and gas production.  Over the past seven years, producers have claimed $517 million in exemptions, or rebates, from the gross production tax, with at least three-quarters of the rebates claimed for deep well drilling and horizontally drilled wells.

Click here to download the fact sheet.

Blog post: "I don't need it, but I'll take it": Revisiting oil and gas tax breaks

Blog post: "Stand back! We don't know how big these things will get" (Mar. 2012)

Presentation by Prof. Steve Agee to the House Appropriations and Budget Commitee on gross production tax exemptions, January 2009