Saudi Texas

[eyer]

Texas is America's top oil and natural gas producing state.

Oil production in Texas averaged 2.139 million barrels last November - the best showing in 25 years...

...Texas oil production has increased by 71% in the last two years.

North Dakota is America's 2nd best oil producing state...

...last November, Texas produced almost 3x as much oil as ND.

Texas' average annual pay for all its workers is $47,000...

...Texas' oil- and gas-related industry workers averaged $112,000 in 2011.

For every oil-related job in Texas, 4 other jobs are automatically created - not including service jobs, eg, restaurant work.

Texas' rainy day fund stands @ around $8 billion...

...oil and gas deposits into that fund amounted to $1.9 billion last year; estimates are for $1.7 billion in fiscal 2014, and $1.8 billion in 2015. In fiscal year 2011, before Texas' BOOM really took off, oil and gas deposits into the rainy day fund amounted to $451 million.

The increases in oil production are credited to improvements in horizontal drilling, hydraulic fracturing, and efficiency...

...work in the Eagle Ford Shale was minimal just 5 years ago - today it is literally GUSHING. West Texas' Permian Basin, not long ago thought to be effectively tapped-out, is experiencing a phenomenal revival.

Read all about it, here:

State is on its way to becoming 'Saudi Texas'

http://www.mysanantonio.com/search/...uery=saudi+texas&x=0&y=0&searchindex=property

 

[RoryN]

Wow. You're really opening people's eyes. No one's ever mentioned this before.

Oh, wait...

http://forum.literotica.com/showthread.php?p=12430953&highlight=saudi#post12430953

2005

I roomed with a Texan for a year. He saw nothing wrong with his family being forced to kneel down in prayer at 7:45 AM each morning in their Ras Tanura camp in Saudi Arabia, as long as they brought the oil buck back to America.

Texas. It's like a whole other country.

 

[unregistered]

 

[fgarvb1]

All I know is DAMN IT!

There is still no gas or oil well on my land or within a mile of it.

Oh,well it's not much longer until a new lease.

 

[Wrong Element]

It's just a tribute to Texas's can-do, pro-business attitude, which is obviously responsible for all the fossils that died beneath it 350 million years ago.

 

[Super-Surprise]

 

[LadyVer]

No doubt despite the Obama administration, not because of it.

Actually, because of it. But just another issue to find fault with a Democrat.

 

[unregistered]

 

[Squibbs]

No doubt despite the Obama administration, not because of it.

Nobody would expect you to 'think' any different.

 

[LadyVer]

Not really, but I don't want to spoil your trip to Fantasy Land.

lol Thx. Don't want to argue over whose fantasy land is bigger.

 

[KingOrfeo]

lol Thx. Don't want to argue over whose fantasy land is bigger.

Texas, of course!

 

[LadyVer]

Texas, of course!

The current fantasy in Texas is based on the rwnj's who think they are God's gift to Texas.

 

[SeaDaddy1]

Then why do fuel prices keep going up in Saudi America?

 

[LadyVer]

Then why do fuel prices keep going up in Saudi America?

Ask the oil companes.

 

[SeaDaddy1]

Ask the oil companes.

According to them, they pay more in taxes than they make in profit.

http://money.cnn.com/2011/05/04/news/companies/exxon_oil_taxes/index.htm

 

[LadyVer]

According to them, they pay more in taxes than they make in profit.

http://money.cnn.com/2011/05/04/news/companies/exxon_oil_taxes/index.htm

Right. And they're swimming in money as they enjoy their corporate welfare.

 

[BotanyBoy]

Then why do fuel prices keep going up in Saudi America?

Ask the liberals...

Ask the oil companes.

Who are obviously to fucking stupid to see what happens when you "Stick it to the man!!" and tax that big nasty oil company to high hell and fine the piss out of it.....

Gee LadyVer....why does gas keep going up? Effectively fucking the poorest demographics harder than any other in not only transportation, but food...commodities...and anything that is transported/hauled/shipped under power of petrol (which is fucking everything).

Wouldn't have ANYTHING to do with all the taxes and "Green" bullshit the lib's "STUCK TO THE MAN!!" when they did everything they could to try an financially crucify the oil industry would it? YEA!! TAX THOSE FAT PIGS SOME MORE!!! POOR PEOPLE NEED IT MORE THAN THEY DO!!!

They would never pass those cost on to the consumer....they eat it out of their personal income and Christmas bonuses b/c they are such kind people, right?

Good job......fucking brilliant guys......left wing intelligence and foresight at it's finest....

 

[coastal-boy]

According to them, they pay more in taxes than they make in profit.

http://money.cnn.com/2011/05/04/news/companies/exxon_oil_taxes/index.htm

If you actually read the article you cited, you would see that the company is including the taxes THEIR CUSTOMERS PAY but that the company collects. Money that isn't theirs. It also includes payroll taxes that again, it collects from its EMPLOYEES...still not their money. Funny thing...if I included the taxes my employees pay (but that I collect), my company would also be losing money.

 

[BotanyBoy]

If you actually read the article you cited, you would see that the company is including the taxes THEIR CUSTOMERS PAY but that the company collects. Money that isn't theirs. It also includes payroll taxes that again, it collects from its EMPLOYEES...still not their money. Funny thing...if I included the taxes my employees pay (but that I collect), my company would also be losing money.

Would jew lookie there....a fucking liberal who realizes companies don't pay taxes, consumers do. Never thought I would see one....but as grampy used to say...never say never.

 

[coastal-boy]

Would jew lookie there....a fucking liberal who realizes companies don't pay taxes, consumers do.

Mine does. Since you don't own a company, you wouldn't know that.

 

[BotanyBoy]

Mine does. Since you don't own a company, you wouldn't know that.

Really? If gov showed up and said you had to start paying 20k a year environmental penalty and there wasn't shit you could do about it would come out of your company hua? Your customers wouldn't pay that?

Please....esplain how you don't pass those cost onto your customers.

 

[coastal-boy]

Really? If gov showed up and said you had to start paying 20k a year environmental penalty and there wasn't shit you could do about it would come out of your company hua? Your customers wouldn't pay that?

Please....esplain how you don't pass those cost onto your customers.

If the Govt came to any of my companies and not my competitors, I'd eat the loss. As would they. If I passed on a "penalty", I would lose customers. I know it is too hard for you to understand. You should stick with smoking dope.

 

[LadyVer]

Ask the liberals...

Who are obviously to fucking stupid to see what happens when you "Stick it to the man!!" and tax that big nasty oil company to high hell and fine the piss out of it.....

Gee LadyVer....why does gas keep going up? Effectively fucking the poorest demographics harder than any other in not only transportation, but food...commodities...and anything that is transported/hauled/shipped under power of petrol (which is fucking everything).

Wouldn't have ANYTHING to do with all the taxes and "Green" bullshit the lib's "STUCK TO THE MAN!!" when they did everything they could to try an financially crucify the oil industry would it? YEA!! TAX THOSE FAT PIGS SOME MORE!!! POOR PEOPLE NEED IT MORE THAN THEY DO!!!

They would never pass those cost on to the consumer....they eat it out of their personal income and Christmas bonuses b/c they are such kind people, right?

Good job......fucking brilliant guys......left wing intelligence and foresight at it's finest....

Again, if you want me to respond to your comments, leave out the ranting as it makes it harder to try to figure out what you're trying to say. I would suggest that you research what the taxes are the big oil companies have been paying as well as what subsidies they receive and what their net profits have been. If my comments are that upsetting to you just ig me again.

 

[BotanyBoy]

If the Govt came to any of my companies and not my competitors, I'd eat the loss. As would they. If I passed on a "penalty", I would lose customers. I know it is too hard for you to understand. You should stick with smoking dope.

nice stipulation...either way though, your customers pay that cost man. Business do not pay taxes derpina....their customers do.

You might eat it once or twice, but we both know at some point you will have to close the doors or pass the cost onto your customers.

Just like big oil does....and the tobacco industry....booze....etc etc.

So go ahead, tax big oil for a trillion next year.....see who actually pays that cost.

 

[coastal-boy]

nice stipulation...either way though, your customers pay that cost man. Business do not pay taxes derpina....their customers do.

You might eat it once or twice, but we both know at some point you will have to close the doors or pass the cost onto your customers.

Just like big oil does....and the tobacco industry....booze....etc etc.

So go ahead, tax big oil for a trillion next year.....see who actually pays that cost.

It was your stipulation dumbfuck. Otherwise you would not have used the word "penalty"

Let's put this in a context that you may understand better. If I started raising dope again (I sold more in week 35 years ago than you do in a year) and my product is as good if not better (after all...I have a PhD in Breeding and Genetics), and I offered my product at $350 less per pound than you can...where do you think your customers will go? What if I knew that your profit margin was 20% over your expenditures. What would happen with time?