Skip to Site Navigation | Skip to Content

Oil patch boosts state's economic growth, report shows

Oil patch boosts state's economic growth, report shows

State Finance Director Preston Doerflinger says Oklahoma's oil rig count and tax collections are up.

NewsOK
BY MICHAEL MCNUTT, Oklahoman
Published: May 9, 2011

A resurgence in Oklahoma's oil patch is aiding the state's economic recovery and state revenue collections, the state's finance director said Monday.

Oil provided $26.1 million in April to the state's general revenue fund this fiscal year, Preston Doerflinger said.

The number of energy rigs operating in the state increased by nine to 183, an increase of 50 percent from a year ago, he said. The Oklahoma rig count increase was half of the nation's total of 18... FULL ARTICLE

 

No comments (Add your own)

Add a New Comment

Enter the code you see below:
code
 

Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.