Western States are sure to follow in regaining land seized
by the federal government under the Antiquities Act. This began with the
scale-back of federal land surrounding monuments in Utah. We will also finally be able to drill in
Anwar Alaska, passed with the Tax Cut Bill. These moves indicate that we are
going to use federal land, not in use, to increase our production of natural
resources.
State Extraction Taxes vary widely, but should be reviewed
in anticipation of gaining revenue for States to fund infrastructure.
Oil & Gas Taxes are sure to kick in with the extraction
of oil and gas in States that have large oil fields. These taxes vary
http://www.ncsl.org/research/energy/oil-and-gas-severance-taxes.aspx
It makes no sense to continue to let our resources remain
unused and unmanaged. We need to produce
10 million more barrels of oil per year to become oil independent and we need to
produce more liquid natural gas to export.
We also need to revisit the Endangered Species Act and
clean it up to resume reclamation of forests and productive land. There is no
reason for tax dollars to go to wildlife preserves when these should be funded
by private dollars.
Norb
Leahy, Dunwoody GA Tea Party Leader
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