Hey Arlen, is part of your consideration the lowering/elimination of Federal gas taxes? Limiting the states tax rates?
Let's see, Exxon makes a 9.7% return and you deem this as excessive. What is the percentage of return for the government?
Great point. Here is Kali-fornia sales tax alone is nearly equal to Exxon's return.
Exactly!
And how about doing some legislating where it would do some good, like allowing drilling where we know there is more oil, like ANWR and off the Calipooia and Western Florida coasts?
And how about allowing the construction of some more refineries? Or standardizing the fuel blends so that there can be more sharing between the states when something like a hurricane happens?