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Falling Crude Oil Prices

Clip: Season 4 Episode 417 | 3m

State revenue is up again, but falling crude oil prices threaten Oklahoma’s economy.

State Treasurer Ken Miller says falling crude oil prices may threaten Oklahoma's revenue forecast. State revenue was up almost 4 percent in October over the same month a year ago, but the decline in crude oil prices clouds the state's revenue picture over the long term. Spot prices for crude have fallen nearly 20 dollars a barrel over the past two months.

11/05/2014 | Rating NR

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The Oklahoma News Report is a local public television program presented by OETA

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