oil tax incentives 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 Oklahoma: Does a booming oil industry need tax incentives? http://hppr.org/post/oklahoma-does-booming-oil-industry-need-tax-incentives <p>As the oilfields boom in Oklahoma, so are the state tax credits for drilling <strong><a href="http://stateimpact.npr.org/oklahoma/2013/08/22/as-oklahomas-oilfield-booms-state-tax-breaks-follow/">reported State Impact Oklahoma</a></strong>.&nbsp;&nbsp;</p><p> Fri, 23 Aug 2013 05:00:01 +0000 Cindee Talley 20597 at http://hppr.org Oklahoma: Does a booming oil industry need tax incentives?