oil tax incentives

Oil & Gas in Oklahoma
8:01 pm
Tue May 27, 2014

Oklahoma oil and gas production tax cut passes legislature

Credit auvet/Flickr

The Oklahoma Legislature passed a bill making tax incentives for oil and gas production permanent.

Governor Mary Fallin is expected to sign the controversial legislation, despite threats of a constitutional challenge posed by an Oklahoma City attorney.

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Oil & Gas
8:00 pm
Thu January 30, 2014

Reducing Oklahoma oil and gas tax breaks could be a key to a balanced state budget

Tax breaks for certain kinds of oil and gas production will cost Oklahoma millions this year.
Credit OU

Energy production tax breaks will cost Oklahoma $307 million in 2014, and $304 million in 2015.  This year state leaders expect $170 million budget shortfall.  In other words, the expected budget shortfall is about half what the state gives away in tax breaks to oil and gas companies reported Matt Trotter for Public Radio Tulsa.  

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Oil & Gas
8:00 pm
Thu August 22, 2013

Oklahoma: Does a booming oil industry need tax incentives?

Credit State Impact Oklahoma

As the oilfields boom in Oklahoma, so are the state tax credits for drilling reported State Impact Oklahoma.  

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