making a wise investment the economic impact of oil and gas incentives iogcc gratefully acknowledges financial support for this report provided by us department energy appreciation is also extended to many individuals organizations who information materials viewpoints recommendations contained in publication do not necessarily represent those funding agency or united states government more about order additional copies visit web site at www state ok call 405 525 3556 send e mail spring 2004 executive summary 1 introduction demographics tax 20 2002 analysis 39 annualized benefits 123 cumulative 165 general methodology used estimating 175 acknowledgements 182 biographical sketches 184 table contents i ncentives are an important part every s development tool kit these programs little noticed public unless they splashy expensive effort land large employer manufacturer applied properly incentive can