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OKLAHOMA CITY — Oklahoma’s coffers are reaping the benefits of soaring oil and gas prices, bringing in a record-breaking $171.2 million in gross production tax revenues in just a month.
Oil and gas production, always critical to the Oklahoma economy, helped generate record high revenues for the state in the past fiscal year.
OKLAHOMA CITY — Oklahoma’s coffers are reaping the benefits of soaring oil and gas prices, bringing in a record-breaking $171.2 million in gross production tax revenues in just a month.
Receipts to the Oklahoma treasury were up 15% during the fiscal year, which ended June 30. This bump was due to record-high tax collections on oil and natural gas production.
OKLAHOMA CITY (AP) — Overall receipts to Oklahoma's treasury were up 15% during the fiscal year that ended June 30, fueled by record-high tax collections on oil and natural gas