The oil boom minted millionaire executives and transformed Oklahoma City into a corporate energy hub, but industry tax breaks and funding cuts kept much of the prosperity from reaching public services, a new Reuters investigation shows.
Unlike other energy states, Oklahoma “didn’t fill state coffers during flush years,” and, instead, slashed education spending, backed industry tax breaks and now faces a $1.3 billion budget gap.
Keep reading at State Impact Oklahoma.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.