KGOU Pledge Online Today!Follow Us at FacebookLive Streaming
Miller: State Revenue Up, But Not From Energy (May 02, 2012)

OKLAHOMA CITY - After a slip last month, Oklahoma’s revenue collections are moving up once again, but the uptick didn’t get any help from oil and natural gas taxes.

For the fifth month in a row, the gross production taxes on petroleum were below that of the year before. Despite the continued fall due to the very low price of natural gas, overall revenue collections were up 7.7 percent over April of last year. State Treasurer Ken Miller says it’s important to know what natural gas prices mean for the state’s bottom line.

Miller says officials will closely monitor gas prices. From May 2011 to April 2012, total revenue collections for the state were 9-point-6 percent higher than the previous 12 months.

« back


High Speed Low Speed streaming issues High Speed Low Speed streaming issues