DALLAS — Oklahoma state revenues from oil and gas production taxes fell below year-earlier totals again in September, but Treasurer Ken Miller said Monday that the worst may be over.

Energy production tax revenues of $53 million were off almost 40% from collections in September 2011, Miller said at a news conference in Oklahoma City, but that is better than the 54% collapse in August.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.