Economic Outlook 2025 Summer Final

120

9

8

100

7

80

6

5

55.7

60

4

3.76

40

3

2

20

1

0

0

West Texas Intermediate Crude Oil Spot Price ($/bbl) Natural Gas Henry Hub Spot Price ($/MMBtu)

Figure 2. Energy Prices (U.S. Energy Information Administration-EIA) (Left axis-WTI oil price $/bbl; Right Axis-Henry Hub natural gas price $/MMBtu)

1.1

1

0.9

0.8

0.7

0.6

0.5

Oklahoma Mining Employment S&P Global Markit US Oil and Natural Gas Employment

Figure 3. Oklahoma and U.S. Energy Sector Employment (2019Q1=1) (Source: U.S. Bureau of Labor Statistics-History through 2025Q2)

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