Tom Sang

There are a few reasons Oklahoma is simply not seeing a flurry of additional drilling or oil and gas production right now.

That's Tom Sang with Texas Christian University, who worked in Oklahoma's energy sector for years.

There's also a geological reason Oklahoma isn't seeing a big boost from the energy supply crunch, says Courtney Cowley, who is based in Oklahoma with the Kansas City Fed.

And regional natural gas prices have been tamped down.

Travis Roach with the University of Central Oklahoma says that's partially because of how natural gas is taken out of the ground not too far away in the Permian Basin.

All of this means that Oklahoma isn't seeing an oil and gas boom.

That limits the uptick in tax revenue that comes from higher prices.

Employment is also unlikely to see a big boost.

Courtney Cowley again.

Meanwhile, the state's other important sectors, like agriculture, are feeling the strain of higher diesel prices and other energy-related costs.

I'm Elizabeth Troval for Marketplace.