{"id":6170,"date":"2012-04-27T12:08:31","date_gmt":"2012-04-27T17:08:31","guid":{"rendered":"http:\/\/stateimpact.npr.org\/oklahoma\/?p=6170"},"modified":"2012-12-19T15:00:22","modified_gmt":"2012-12-19T21:00:22","slug":"secretary-of-finance-dont-be-alarmist-about-gas-be-optimistic-about-oil","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/oklahoma\/2012\/04\/27\/secretary-of-finance-dont-be-alarmist-about-gas-be-optimistic-about-oil\/","title":{"rendered":"Secretary of Finance: Don\u2019t be Alarmist About Gas, be Optimistic About Oil"},"content":{"rendered":"<div id=\"attachment_6171\"  class=\"wp-caption module image left\" style=\"max-width: 300px;\"><a class=\"fancybox\" title=\"\" href=\"http:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/04\/oil-pump.jpg\" rel=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-6171\" title=\"Oil Pump\" src=\"http:\/\/stateimpact.npr.org\/oklahoma\/files\/2012\/04\/oil-pump-300x253.jpg\" alt=\"\" width=\"300\" height=\"253\" \/><\/a><\/p>\n<p class=\"wp-media-credit\">Rocbodden \/ Flickr<\/p>\n<p class=\"wp-caption-text\">\n<\/div><p>Low natural gas prices are a worry, but they shouldn\u2019t lead to a state budget hole, says Secretary of Finance Preston Doerflinger.<\/p><p>\u201cIn fact, we&#8217;re expecting to end this fiscal year with a surplus that could exceed $300 million,\u201d he said in a <a href=\"http:\/\/ok.gov\/OSF\/News\/Doerflinger_Says_Economy_Still_Going_Strong_-_Revenue_Outlook_Good_for_2013.html\">statement<\/a>.<\/p><p>Why? Mostly because of oil.<\/p><p>\u201c&#8221;We&#8217;ve seen record sales tax collections this year, no doubt driven in part by the boom in the oil patch, which has been spurred by enhanced drilling techniques,\u201d Doerflinger said. \u201cThe economic activity generated by the upsurge in the oilfields, plus growth in other areas of our economy, should easily offset any revenue loss from declining natural gas tax collections.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Low natural gas prices are a worry, but they shouldn\u2019t lead to a state budget hole, says Secretary of Finance Preston Doerflinger.\u201cIn fact, we&#8217;re expecting to end this fiscal year with a surplus that could exceed $300 million,\u201d he said in a statement.Why? Mostly because of oil.\u201c&#8221;We&#8217;ve seen record sales tax collections this year, no [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":6171,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[490,301,15],"tags":[229,239,54],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6170"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/comments?post=6170"}],"version-history":[{"count":2,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6170\/revisions"}],"predecessor-version":[{"id":12031,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/posts\/6170\/revisions\/12031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/media\/6171"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/media?parent=6170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/categories?post=6170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/oklahoma\/wp-json\/wp\/v2\/tags?post=6170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}