Sweeping Plains > Oklahoma

Resources Market Infrastructure Policy

Resources: A measure of total energy production and consumption per capita

Market: The cost of consumption, measured in electricity prices and gasoline taxes

Infrastructure: Capacity to generate and refine energy sources; miles of pipelines

5th Resources
1st Market
13th Infrastructure

Cushing is a major storage terminal with about one-fifth of the nation's crude storage capacity (excluding that of the Strategic Petroleum Reserve).

About one-third of Oklahoma's natural gas production is consumed within the state. The remaining supply is sent on to Kansas, Texas, Arkansas and Missouri. More than twice as much natural gas flows out of Oklahoma each year as flows into the state.

Oklahoma ranked fifth in crude oil production and fourth in natural gas production in the nation in 2013 (excluding federal offshore areas).

state-oklahoma

Production trillion btu

518
Oil
2305
Gas
22
Coal
28
Wind
0.00
Solar
4
Hydro
0
Biofuel
0
Nuclear

net energy Production trillion btu

1,172
+2,877 Produced
1,705 Consumed

Consumption trillion btu

535
Oil
713
Gas
328
Coal
129
Renewable
0
Nuclear

Gasoline Tax total state + federal, 2014

OK
$0.35
USA
$0.46

Key Policies

  • Established and surpassed a renewable energy goal for the state's electric utilities of 15% of total installed generation capacity from renewable sources by 2015.

  • Allows for the statewide use of conventional motor gasoline.

  • Requires permits and surety for oil and gas well drilling. The permit fee is $175. Surety bonds are generally $25,000 for one or more wells.

Electricity net production, trillion btu

+135
6.96¢
OK
8.81¢
USA