-Caveat Lector- WJPBR Email News List [EMAIL PROTECTED] Peace at any cost is a Prelude to War! STRAIGHT TALK FROM TEXAS by Beaver Cole ([EMAIL PROTECTED]) <A HREF="http://www.the-oil-patch.com"> www.the-oil-patch.com</A> PEOPLE, PEOPLE - PLEASE!! You have got to get focussed. The government is giving you another spin. I do not defend oil companies and I do not represent the organization OPEC. I only wish to give the credit of "PUMP PRICES" to the proper authority. In Texas we are currently paying 20 cents per gallon on gasoline for STATE TAX, and we are paying 18.7 cents per gallon for FEDERAL TAX. That is a combined tax rate of 38.7 cents PER GALLON on gasoline. Pump 10 gallons and you have paid $3.87 in tax regardless of the price of the fuel, currently available for around $1.07 + TAX ($1.45). Pump 10 gallons at $1.072 totaling $10.72 and pay $3.87 tax on that $10.72 purchase which now becomes a $14.59 purchase (10 X $1.459 = $14.59). In Texas we are currently paying 20 cents per gallon on diesel fuel for STATE TAX, and we are paying 24.4 cents per gallon for FEDERAL TAX. That is a combined tax rate of 44.4 cents PER GALLON on diesel fuel. Pump 10 gallons and you have paid $4.44 in tax regardless of the price of the fuel. Currently available for around $1.21 + TAX ($1.65). Pump 10 gallons at $1.21 totaling $12.10 and pay $4.44 tax on that $12.10 purchase which now becomes a $16.59 purchase (10 X $1.659= $16.59). Each State will vary on its taxes. It's also up to you to find out if you are paying any special environmental taxes, as well as city or county taxes. The government has done nothing to earn more than the oil companies. They have nothing invested! They did not take part in the cost of exploration. They did not invest in the production nor the expenses incurred for production. They did not invest in the refining of the product nor the expenses to do refining. They did not invest in the marketing of the product, nor the expenses for marketing. The only thing the government did was sit on it's FAT BEHIND and count the TRILLIONS and TRILLIONS OF DOLLARS rolling in. They TAXED the product through every stage of its development (Natural gas production tax, Oil production tax, and Utility taxes), and still held out its hand for more as your hand touched the pump. The State and the FEDS both make more per gallon than the oil companies and their subsidiaries. What we need to see is the ACTUAL PRICE posted on the signs, thus allowing the consumer to knowingly pay the tax. Now, I do believe in the very, very near future we will see and experience the effect of the major oil companies' investments in building refineries in foreign countries. Currently we are shipping crude oil to the United States and doing the refining here in the States. I think this will change soon. The oil companies will operate at a greater profit margin: less government regulation, less taxes, and cheap labor. By shipping a refined product from overseas the American refineries will become as extinct as the American steel mills. And the higher the value of the product being shipped in will also increase the governments intake, and place America's dependence on foreign nations. And before you say this cannot happen nor never will, let me tell you that any nation who would make its citizens docile by injecting fluoride into their water systems, or using its citizens as test rats, turn its monetary system over to a private banking cartel, pledge its support to and for One World Government, fraudulently coercing people out of their money through the guise of unconstitutional income tax, allow every branch of its government to become vile and corrupt, and place the people under dictatorship through presidential executive orders, will and can do whatever it wants to. Now, back to oil and taxes. I'm sorry I got sidetracked. According to the Texas State Comptroller of Public Accounts - Carole Keeton Rylander - the State of Texas reported that the State of Texas collected $488,582,960.00 in 1999 for natural gas production tax. In 1998 they collected $574,584,435.00. The State of Texas collected $210,812,798.00 in 1999 for oil production tax. The State of Texas collected $265,797,547.00 in 1999 for utility taxes. In 1998 they collected $241,739,264.00. The State of Texas has a $5 TRILLION++ SURPLUS! The State of Texas could operate indefinitely without charging another cent of tax on anything. The government could sustain itself just off the interest and investments of the $5 TRILLION +. Do you folks realize when gasoline pump prices fell to 88 cents the tax remained at its current level? Do you realize how many gallons of gasoline and diesel are pumped nationwide day to day, week to week, month to month, year to year??? TRILLIONS AND TRILLIONS of gallons. Where does this money go? You say highways and bridges? Hardly! Oh, and by the way, the federal government collects anywhere from 13 to 18 percent TAX on every barrel of oil imported to the United States. You may wish to visit the OPEC web site at: <A HREF="http://www.opec.org/193.81.181.14/xxx1/WebUpdateFiles/Text.htm"> http://www.opec.org/193.81.181.14/xxx1/WebUpdateFiles/Text</A> for graphs, charts and more details. Now why do you think the federal government presents such a strong case for dependency on foreign petroleum? MONEY! Why do you think the federal government regulates production and exploration within the United States? MONEY! The federal government will not allow new coastal and inland drilling in certain areas of California and Alaska because there is no import tax. America has enough petroleum for exploration and production to last the next 300 years. WAKE UP AMERICA!!!! *COPYRIGHT NOTICE** In accordance with Title 17 U. S. C. Section 107, any copyrighted work in this message is distributed under fair use without profit or payment to those who have expressed a prior interest in receiving the included information for nonprofit research and educational purposes only.[Ref. http://www.law.cornell.edu/uscode/17/107.shtml ] Want to be on our lists? Write at [EMAIL PROTECTED] for a menu of our lists! ****************************************************************************** ******************* A vote for Bush or Gore is a vote to continue Clinton policies! A vote for Buchanan is a vote to continue America! Therefore a vote for Gore or Bush is a wasted vote for America! Don't waste your vote! Vote for Patrick Buchanan! Today, candor compels us to admit that our vaunted two-party system is a snare and a delusion, a fraud upon the nation. Our two parties have become nothing but two wings of the same bird of prey... 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