From that viewpoint, it's as good as it could get with a business tax. |
He was a great friend of the industry. |
I think we'll keep going on as we are. I don't see anything on the horizon that will create a drastic change. Barring another Hurricane Katrina, it should be business as usual. |
I'm sure people will use it. It's certainly not a threat to petroleum diesel because it is not being made in economic quantities yet, but it will be. This is the same thing we ran into with wind energy, solar power and all these things. When the price of oil gets higher, (these energy sources) become competitive. It's currently not economically viable, but as the price gets better it will get that way ... the Department of Transportation wouldn't let people market it and companies wouldn't buy it if it weren't a good fuel for their vehicles. |
We got what we asked the committee for. We asked them, if they instituted a business tax, that we get to deduct the severance tax. We got more than we asked for. |
We were working with the Railroad Commission to get it done rather than to get a bill passed in the legislature. I'm not fully in favor of everything they're doing. |
We're already the most taxed industry in the state. We don't mind paying our fair share, but we don't want to pay more than that. |