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Mineral Resources of Oklahoma: Abstract
The mineral industry provides a principal economic base for the State of Oklahoma, as well as an important source of tax revenue. For the past three years the gross income from mineral resources has exceeded $1 billion annually. This amount ranks the state as fourth in the nation in gross mineral production. However, 95% of the total mineral production is derived from oil and gas. With the declining petroleum reserve picture for our state, the prospects for further expansion and development of the mineral industry will have to rely upon alternative resources. The further development of coal and industrial minerals provides an opportunity to offset the declining petroleum production. Owing to the diversified geology of Oklahoma, a broad spectrum of industrial minerals is available for development. With the advent of the Arkansas River Navigation Program the opportunity for expansion for industrial mineral activities in eastern Oklahoma offers promise for future growth of the minerals industry.
Acknowledgments and Associated Footnotes
1 University of Oklahoma, Norman, Okla.
Copyright © 2006 by the Tulsa Geological Society