The state is the top manufacturer of tires in North America and contains one of the fastest-growing biotechnology industries in the nation. In 2005, international exports from Oklahoma’s manufacturing industry totaled $4.3 billion, accounting for 3.6 percent of its economic impact. Tire manufacturing, meat processing, oil and gas equipment manufacturing, and air conditioner manufacturing are the state’s largest manufacturing industries.
Oklahoma is the nation’s third-largest producer of natural gas, and its fifth-largest producer of crude oil. The state also has the second-greatest number of active drilling rigs, and it is even ranked fifth in crude oil reserves. While the state is ranked eighth for installed wind energy capacity in 2011, it is at the bottom of states in usage of renewable energy, with 94% of its electricity being generated by non-renewable sources in 2009, including 25% from coal and 46% from natural gas.
As a whole, the oil energy industry contributes $35 billion to Oklahoma’s gross domestic product (GDP), and employees of the state’s oil-related companies earn an average of twice the state’s typical yearly income. In 2009, the state had 83,700 commercial oil wells churning 65.374 million barrels of crude oil. Eight and a half percent of the nation’s natural gas supply is held in Oklahoma, with 1.673 trillion cubic feet being produced in 2009.
The Oklahoma Stack Play is a geographic referenced area in the Anadarko Basin. The oil field “Sooner Trend”, Anadarko basin and the counties of Kingfisher and Canadian make up the basis for the “Oklahoma STACK“. Other Plays such as the Eagle Ford are geological rather than geographical.
According to Forbes magazine, Oklahoma City-based Devon Energy Corporation, Chesapeake Energy Corporation, and SandRidge Energy Corporation are the largest private oil-related companies in the nation, and all of Oklahoma’s Fortune 500 companies are energy-related. Tulsa’s ONEOK and Williams Companies are the state’s largest and second-largest companies respectively, also ranking as the nation’s second- and third-largest companies in the field of energy, according to Fortune magazine. The magazine also placed Devon Energy as the second-largest company in the mining and crude oil-producing industry in the nation, while Chesapeake Energy ranks seventh respectively in that sector and Oklahoma Gas & Electric ranks as the 25th-largest gas and electric utility company.
The 27th-most agriculturally productive state, Oklahoma is fifth in cattle production and fifth in production of wheat. Approximately 5.5 percent of American beef comes from Oklahoma, while the state produces 6.1 percent of American wheat, 4.2 percent of American pig products, and 2.2 percent of dairy products.
The state had 85,500 farms in 2012, collectively producing $4.3 billion in animal products and fewer than one billion dollars in crop output with more than $6.1 billion added to the state’s gross domestic product. Poultry and swine are its second- and third-largest agricultural industries.
Transportation in Oklahoma is generated by an anchor system of Interstate Highways, inter-city rail lines, airports, inland ports, and mass transit networks. Situated along an integral point in the United States Interstate network, Oklahoma contains three interstate highways and four auxiliary Interstate Highways. In Oklahoma City, Interstate 35 intersects with Interstate 44 and Interstate 40, forming one of the most important intersections along the United States highway system.