80 percent of our wells are horizontal. It’s where the action is. I don’t think that government should incentivize anything that is going to happen without the incentive, and believe me, baby, horizontal drilling is going to happen without the incentive.
-Former Oklahoma City Mayor Kirk Humphries (Source: http://bit.ly/1r8b6zq), speaking about Oklahoma’s tax break for horizontal drilling that is costing $252 million this year.