Oil bust helped some of Oklahoma’s largest companies avoid income taxes

When oil prices crashed, many Oklahoma energy companies booked losses that can eliminate state income tax liability.

Energy industry Oil bust helped some of Oklahoma's largest companies avoid income taxes  Oklahoma City-based Continental Resources Inc.’s profits topped $789 million in 2017, but the oil and gas driller will likely pay no corporate income taxes in Oklahoma for years to come — and some of the state’s other biggest companies won’t either. Read the story Damn the lies and expose the truth. Donate to The Frontier today. Copyright © 2017 The Frontier, All rights reserved. You are receiving this email because you signed up to receive news from The Frontier. Our mailing address is: The Frontier 36 East Cameron Street Tulsa, OK 74103

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