Tag Archives: incentative

Texas O&G Welfare = reduced tax rate @ ave 1.44% on (high-cost) Natural Gas wells over last 18 yrs

This chart from the Texas Comptroller’s Office shows the past 18 year period tax rate for High Cost Natural Gas Wells that enjoy reduced tax rates from our normal 7.5% tax rate on natural gas per our Tax Code… From 1991-2001 there was a 100% … Continue reading

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97% property tax devaluation at Chesapeake Ederville fracking drill site

Chesapeake’s damage to surface property values for this Ederville site is over $415,000.  This does not include the recent environmental damages to actual soil when gas and produced fluids was spraying all around. —– Forwarded Message —– From: kim feil <kimfeil@sbcglobal.net> To: Roger Venables … Continue reading

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