Cliff Branan http://hppr.org en Reducing Oklahoma oil and gas tax breaks could be a key to a balanced state budget http://hppr.org/post/reducing-oklahoma-oil-and-gas-tax-breaks-could-be-key-balanced-state-budget <p></p><p>Energy production tax breaks will cost Oklahoma $307 million in 2014, and $304 million in 2015. &nbsp;This year state leaders expect $170 million budget shortfall.&nbsp; In other words, the expected budget shortfall is about half what the state gives away in tax breaks to oil and gas companies <a href="http://publicradiotulsa.org/post/oil-and-gas-tax-breaks-leaving-millions-table-oklahoma">reported Matt Trotter for Public Radio Tulsa</a>. &nbsp;</p><p> Fri, 31 Jan 2014 06:00:04 +0000 Cindee Talley 27387 at http://hppr.org Reducing Oklahoma oil and gas tax breaks could be a key to a balanced state budget