The Impact of Oil and Natural Gas on The State of Oklahoma

Over the past 106 years I have worked in the oil and gas industry. Oklahoma has been promoted in various ways for good impact on the country. The oil and gas sectors also have many negative effects on our environment. Oklahoma State is known for the impressive oil industry that there is no oil and gas, Oklahoma State will be a completely different country. When the oil boom began, many people ran to Oklahoma to put money in young state oil.

I read the column on the September 29th column of the Oklahoma Petroleum Gas Association, but I can not agree. Why are the oil and gas taxes in other states higher than in Oklahoma? In 2016, Arkansas's oil and gas industry paid 12% severance and VAT for 3% in Texas. 2% in Oklahoma

Frankly, Oklahoma can not do it without you. Yes, you gave the state a lot, but you also received a lot of things - most civic resources, labor and second natural support for decades. Oklahoma's oil and gas industry should decide more important things. Become a member of this community, become a member of this family, or it is time to sacrifice it for "shareholder value".

Oklahoma and oil and gas, sometimes like peas and carrots, sometimes like oil and water - at least in our complex economic history. We are extremely grateful to the industry, and I am ashamed of it. Producing oil and gas in Oklahoma State should be key to our economic prosperity - if we admit it we will promote discipline, management, protection and accountability. But that is not the case. We do not have a common prosperity, but we praise Jesus in the hymn of "Drilling, Drilling Baby!" While we steal and kill each other and curse our souls. We condemn themselves and condemn themselves, perhaps without accepting the fact that we are short-sighted and even a bit (or even a lot) greedy. Whenever "shareholder value" is threatened, we do rude blood, perspiration, and intense efforts to stimulate resentment of justice.

In the 1970s and 1980s, Oklahoma State was mainly oil, gas and agricultural states. It is known for many miles of oil wells since the 1920s, and the infamous bowl of the notorious 'angry grape' is dependent on black oil comfort too much. Coupled with the erratic agricultural price in those days, the oil bubble of the 1980s had a terrible, dangerous and lasting influence on the Oklahoma economy. Oil is traditionally going up and down. The year of prosperity brings wealth, and the year of bust brings despair. Oklahoma has diversified the economy and must protect itself and the people from the brutal uncertainty of one or two major industries, especially industries like oil.