One of the great concerns we have as we are less than a week away from the November election is what effect will we see on state education revenues. I am often asked what my crystal ball shows when we talk about the potential effect of various revenue sources on school budgets. I believe it is important to take time to look at the factors that affect our long- term data points.
Let’s start with the oil breakevens by shale play. The first graph was produced in November 2017, and the second graph was produced in September 2018. The two graphs show an interesting phenomenon that we can probably expect to see manifest itself over the next ten years. What we see here is:
1. Three out of the five lowest cost production zones are located in Oklahoma.
2. It appears the cost of production is moving lower and doing so quickly.
3. Depth doesn’t appear to be as big an impediment to horizontal drilling activity.
A collection of Oklahoma education-related news of the week.
What a whirlwind August was! Through conducting on-site trainings and regional professional days over the last month, the Teaching & Learning team was honored to teach and learn with nearly 2,000 educators across the state.
Two questions: Did you realize that customer service within your schools is everyone's responsibility, not just those sitting in the front office? And did you know that DonorsChoose.org is not the only site you can use to raise money for your classrooms?