This article appeared in the April 2012 edition of the Oklahoma Economic Report, a publication of the Office of State Treasurer Ken Miller. It is reprinted here in its entirety with permission.
It seems that each day brings another story…
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Last March, we ran a blog post we titled “Kill the drill” commenting on a front-page New York Times story on the steep drop in drilling activity that accompanied plunging oil prices and gas prices in early 2009. The Times…
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By:
David Blatt
January 26, 2010 // Updated: May 1, 2019
This month’s announcement of December General Revenue collections didn’t seem to provide much in the way of good news. Revenues for the month again came in around 30 percent below levels of one year ago (graph) and 30 percent below…
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By:
David Blatt
August 31, 2009 // Updated: May 1, 2019
The continued weakness of natural gas prices and production is the most important factor accounting for Oklahoma’s disappointing revenue collections. July collections from natural gas production to the General Revenue Fund (GRF) totaled just $22.2 million in July – a…
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Sunday’s edition of the New York Times had a front-page report on the steep drop in drilling activity that has followed plunging oil prices in recent months. Since last summer, the number of oil and gas rigs deployed to tap…
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