Governor Stitt Highlights Competitive Advantages in Major Industries in Oklahoma
By Ndubuisi Micheal Obineme
John Kevin Stitt, Governor of Oklahoma, has highlighted the competitive advantages in business development, coupled with the incentives and opportunities in major industries in Oklahoma.
Governor Stitt made this known while speaking in a media chat with The Energy Republic at a sideline event during the Paris Airshow 2025.
According to the Governor, his administration has implemented business-friendly policies to improve the business environment in Oklahoma.
While acknowledging some notable business opportunities in the state, Governor Stitt said Oklahoma is the most business-friendly state in the United States, granting licenses for business development much faster.
“Our utility prices are very low compared to other states in the United States,” the Governor said, stating that Oklahoma is number three with the lowest energy cost in the United States of America.
He said, “Oklahoma is No.1 in lowest cost of doing business in the US and ranked No.8 state in the US in terms of people moving to Oklahoma for business.
“We have cut our taxes this year to support business growth. We are seeing more companies moving to Oklahoma because of that.
Furthermore, he also stated that the energy, aerospace, and defense sector plays an important role in economic growth and business development in Oklahoma.
On energy, Governor Stitt noted that Oklahoma has lots of natural gas potential, which has positioned the state as a net exporter of gas.
Notably, Oklahoma is among the top natural gas producer in the United States. It has more than 6% of the nation’s total proven natural gas reserves and ranks sixth in the US, after Texas, Pennsylvania, Alaska, West Virginia, and Louisiana.
In his words, the Governor said that some companies are developing 50-10 MW data centers in Oklahoma, noting that these companies will be given the license to generate their own electricity from gas pipelines.
“A UAE company is currently building its first aluminium smelting factory in Oklahoma,” the Governor revealed, adding that this is due to the incentives and low energy cost in the state.
However, he said that Oklahoma also generates electricity from wind energy.
“We have great grid permitting, and I have signed an executive order to provide incentives,” he stated.
Speaking about the aviation sector in Oklahoma, he explained that Oklahoma is home to amazing aircraft companies, including Boeing, which has a 35,100-square-foot engineering yard in the state.
He also acknowledged that the United States education system needs to be more practical and focused on getting young people ready for the workforce, as not everybody will get into a four-year degree.
He urged companies to set up an apprenticeship program to prepare the young ones for the workforce.
“In Oklahoma, we have talented people. It will open opportunities for companies.
“We also have some lands approved for drone flying.
“We are passing legislation to strengthen our aviation sector.
“We have signed a partnership with North Dakota.
“Oklahoma wants to be your business-friendly state. You are welcome to establish your business in Oklahoma,” Governor Stitt added.
