In the early 1990’s, Oklahoma was still recovering from the economic devastation of the oil bust. During the worst point of the bust, businesses were closing their doors, people were losing jobs, and the need for state services far outweighed the available resources. It was clear that the state needed to diversify its economy and develop new polices that would result in the creation of new jobs which would fuel Oklahoma’s economic recovery.
OK Senate Review
In the early 1990’s, Oklahoma was still recovering from the economic devastation of the oil bust. During the worst point of the bust, businesses were closing their doors, people were losing jobs, and the need for state services far outweighed the available resources. It was clear that the state needed to diversify its economy and develop new polices that would result in the creation of new jobs which would fuel Oklahoma’s economic recovery.