Oklahoma Gross Production Taxes Fall 56% in November Oklahoma’s November tax revenues saw a modest gain overall, but the state’s gross production taxes on oil and gas dropped sharply compared to last year. Gross Production Taxes Plunge More Than 56% State Treasurer Todd Russ reported that gross production revenue fell by $37.5 million, a 56.2% …
Treasurer Russ Reports Steady Growth and Energy Strength State Treasurer Todd Russ released the October 2025 State Tax Revenue Report, showing total collections of $1.45 billion—a 3.4% decrease from September, but a 4.4% increase over October 2024. Over the past 12 months, Oklahoma has collected $17.03 billion, a 0.5% year-over-year increase, signaling continued fiscal stability …
Oklahoma House Committee Studies Living Wage Impact on State Employers A state House committee recently held an interim study exploring how living wage laws affect employers, job opportunities, and economic growth across Oklahoma. Lawmakers said the results could influence multiple industries, including the energy sector and public utilities, both central to the state’s economy. Rep. …
Oklahoma’s Lithium Future Gains Momentum Stardust Power Inc., the lithium refinery developer in the process of building a refinery in Muskogee, announced this week the signing of an agreement to get some of its needed minerals from a Canadian supplier. Based in Greenwich, Connecticut, Stardust said it had executed a Letter of Intent with Prairie Lithium …
Oklahoma’s Trade Landscape Examined Oklahoma’s trade activity remains limited compared to other states, but select industries keep the state tied to the global market. That’s the focus of the latest Oklahoma Economist report from the Federal Reserve Bank of Kansas City’s Oklahoma City Branch. The issue, titled “Oklahoma’s Trade Landscape: Broadly Insulated, Yet Exposed in …
