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The Water Cooler
General Discussion
WTI Oil at $11.45 this morning
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<blockquote data-quote="filbert" data-source="post: 3354962" data-attributes="member: 18970"><p>Lower gross production tax, the sate of Oklahoma couldn't pay oil companies to get oil back up. Much less lower taxes, no taxes wouldn't fix this. The problem is there is a lot of oil and the market has been rigged forever. Usually that comes back to haunt you. If we let free markets work Oklahoma, Texas, all of the midcontinent wouldn't be producing. Just think if Iraq, Syria, Libya, Iran, Venezuela where all producing, we have put them all out of business to prop up oil. Still didn't work.</p></blockquote><p></p>
[QUOTE="filbert, post: 3354962, member: 18970"] Lower gross production tax, the sate of Oklahoma couldn't pay oil companies to get oil back up. Much less lower taxes, no taxes wouldn't fix this. The problem is there is a lot of oil and the market has been rigged forever. Usually that comes back to haunt you. If we let free markets work Oklahoma, Texas, all of the midcontinent wouldn't be producing. Just think if Iraq, Syria, Libya, Iran, Venezuela where all producing, we have put them all out of business to prop up oil. Still didn't work. [/QUOTE]
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WTI Oil at $11.45 this morning
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