At January’s Wildcatters Wednesday Luncheon, Governor Kevin Stitt recognized the important role Oklahoma’s oil and natural gas industry plays in making us a Top 10 State.
“You are providing jobs, which is education, which is roads and bridges, which is health care, which is everything that we need to be a great state and great country. You are providing energy to the world,” Stitt said, acknowledging Oklahoma’s contribution to American energy independence.
“It’s so exciting. Oklahoma plays a huge part in America’s independence in foreign oil,” said Stitt.
This accomplishment like many others is thanks to the hard working men and women of Oklahoma’s oil and natural gas industry.
“Oklahoma has reduced our emissions by more than double the national average and this is all while we have the cheapest electricity cost of any state in the country which is huge,” said Stitt.
Although the oil and gas business is in the middle of another downturn, Stitt’s confident a rebound is coming.
“I know it’s a tough time right now for the industry as prices are not where we want them to be, but I just want everybody to hang in there,” said Stitt. “This industry is very resilient and they’re going to be great.”
Looking ahead to legislative session, Stitt reassured the room he will have the energy industry’s back.
“I don’t want to cut core services and I certainly will not raise taxes,” said Stitt. “The oil and gas industry is so important to Oklahoma. One in five jobs are directly impacted by this industry.”