KGOU

Falling Oil Prices May Mean Cuts In Energy Sector Jobs

Dec 6, 2014

Falling oil prices are raising concerns about Oklahoma’s state budget. Economists at the Oklahoma Economic Outlook Conference say the decline in oil prices could result in the loss of as many as 1000 energy sector jobs, and a loss of severance tax revenue used to fund state government.

They also say educational standards must be rigorous enough to meet the demands of business and industry.

-----

KGOU produces journalism in the public interest, essential to an informed electorate. Help support informative, in-depth journalism with a donation online, or contact our  Membership department.