Comparing State Taxes on Unconventional Oil and Gas Production

8:15 am
Wed August 28, 2013

Comparing State Taxes on Unconventional Oil and Gas Production

Lead in text: 
State government's financial support of horizontal drilling is being questioned. What was once unique, is now commonplace. The Oklahoma Policy Institute and Headwater Econmics studied just where the state ranks in incentives provided to oil and gas companies.
Download the 2-page Major Findings Download the Full Study A new study from Headwater Economics, in conjunction with Oklahoma Policy Institute, finds that Oklahoma's taxes on unconventional production of oil and gas, or horizontal drilling, are among the nation's lowest and would remain relatively low even if the state eliminated the tax breaks currently benefiting horizontal drilling.