Items Tagged with 'taxes'

ARTICLES

Share-of-Total-Household-Earnings-from-Oil-and-Gas-Sector-20190401

Oklahoma Reportedly Lost $1.5B in Oil, Gas Revenue During Downturn

A slowdown in oil and gas activity in Oklahoma between late 2014 and late 2016 created a $1.5 billion, or 15.4%, loss in total state tax revenue, according to a report released last month by the State Chamber of Oklahoma.A slowdown in oil and gas activity in Oklahoma between late 2014 and late 2016 created a $1.5 billion, or 15.4%, loss in total state tax revenue, according to a report released last month by the State Chamber of Oklahoma. Read More

Ohio Alters Oil, NatGas Reserves Taxation

Ohio's local collection of the taxes producers pay on their oil and natural gas reserves has changed slightly in a move that could mean increased burdens for some producers that contest the value of their assets and the taxes they must pay on them. Read More