oil and gasoline 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 Domestic Oil and Gas Production is Booming: Why Are Gas Prices Still High? http://hppr.org/post/domestic-oil-and-gas-production-booming-why-are-gas-prices-still-high <p></p><p>It doesn’t make sense, does it?&nbsp; Domestic oil and gas production is booming, and yet prices are still pretty high.&nbsp; Dr. Tec Patzek, Chairman of the&nbsp;<a href="http://www.pge.utexas.edu/">Department of Petroleum and Geosystems Engineering at the University of Texas at Austin</a>, said there are many reasons in an article by <strong><a href="http://stateimpact.npr.org/texas/2013/08/01/during-domestic-drilling-boom-why-are-gas-prices-still-high/">State Impact Texas</a></strong>.&nbsp; &nbsp;</p> Mon, 05 Aug 2013 05:00:03 +0000 Cindee Talley 19678 at http://hppr.org Domestic Oil and Gas Production is Booming: Why Are Gas Prices Still High?