"I have determined that the timing for such an adventure is not right at this point in our lives," he said in a statement.
He said he spent more than two months talking to voters across the state before reaching his decision.
Watts is the second Republican to decide against making the race; Lt. Gov. Mary Fallin has announced she will run for re-election instead of running for governor. Their moves leave the GOP without a proven vote-getter with wide name recognition to challenge Gov. Brad Henry, the popular Democratic incumbent.
"I cannot in good conscience conclude that 2006 is right for me and for the family that I love so much," Watts said.
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