| Powering Oklahoma's EconomyOklahoma’s oil and natural gas industry employs thousands of people in our state, pumps millions of dollars into our economy and helps fund schools and roads.
According to a recent economic impact report, the total output from the oil and natural gas industry in Oklahoma reached more than $40 billion. Through the gross production tax in 2007, oil and natural gas producers and royalty owners contributed nearly $1 billion to the state. These gross production taxes fund teacher retirements, public schools, state colleges, roads, bridges, wildlife preservation and other state programs.
More than 76,000 Oklahomans have energy-related jobs, and these workers support another 245,800 jobs indirectly. That means more than 322,000 jobs statewide are provided directly or indirectly by the oil and natural gas industry. |
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