Oklahoma Lt. Gov. Todd Lamb has an important message: The state needs to diversify its economy.
Lamb spoke to the Enid Rotary Club earlier this month about the state’s lack of a 20-year plan for its economy, Tulsa World reported.
“Over 20 percent of our state budget comes from the oil and gas industry and the hydrocarbon industry,” Lamb said. “We will never divorce ourselves, nor should we.”
Unstable oil and gas prices have hit the state hard, contributing to a gaping $1.3 billion budget hole and a significant loss in industry-related job stability.
Shocking, we know.
Anyone around here remember the 1986 oil bust? Anyone? Anyone? … Beuller?
Print headline: Stop the presses!
