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Oklahoma   Oklahoma Profile

State Profile and Energy Estimates

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Profile Overview

Quick Facts

  • In 2021, Oklahoma was the nation's fifth-largest producer of marketed natural gas and the sixth-largest producer of crude oil. Overall, the state consumed only one-third of the energy it produced.
  • As of January 2021, Oklahoma had 5 operable petroleum refineries with a combined daily processing capacity of almost 522,000 barrels per calendar day. That is nearly 3% of the total U.S. crude oil refining capacity.
  • In 2021, wind supplied 41% of Oklahoma's total electricity net generation, surpassing natural gas' share for the first time. Wind accounted for 91% of the state's renewable generation, and the state ranked third in the nation in total electricity net generation from wind.
  • The benchmark price in the domestic spot market for the U.S. crude oil known as West Texas Intermediate (WTI) is set at Cushing, Oklahoma, which is home to about 14% of the nation's commercial crude oil storage capacity.
  • In 2020, Oklahoma was the nation’s fourth-largest consumer of natural gas on a per capita basis. The electric power sector and the industrial sector together use slightly more than four-fifths of the natural gas delivered to consumers in Oklahoma.

Last Updated: May 19, 2022

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