Wednesday, April 22, 2020

What one hopes Oklahoma's Governor realizes is that there is opportunity here even as the current economy in Oklahoma is...

What one hopes Oklahoma's Governor realizes is that there is opportunity here even as the current economy in Oklahoma is being devastated. I won't mention Kansas in this equation as Governor Kelly is not only without any business experience I genuinely believe she dislikes the private sector. Cheap energy should be the mantra he pushes with every industry, manufacturing plant and agricultural processing plant that might be thinking about relocating. A special pitch toward...s those industries that might be coming back from overseas would be a good place to start. Even without the CoVid this should have been his mantra on economic development with the abundant natural gas supplies. Natural gas's pipeline cost to deliver any distance has been a limiting factor on its usage and price. Bring the industry to the supply is the solution and that is a winner for all involved. Yet Oklahoma has not been able to capitalize on their price advantage. Now the idea of moving HQ and operations to a more 'rural' setting may have appeal to their workforce that it did not have prior to the CoVid. A good place to start on oil/gas would be to soften some of his image with the tribes by working with them to bring refineries and LNG plants to Oklahoma. The tribes can fast track refinery building---the last new refineries built have all been on tribal land---and the end market opportunities are huge. Port of Catoosa as a shipping point for a strategically located LNG plant on tribal land would be HUGE for the gas industry. A jet fuel refinery could be a win for OKC and Tulsa airports. Let us see if he can capitalize on the opportunity.


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