True in 1953, true today -- oil industry needs a boot in the backside
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Categories: Environment / Conservation, Smart Energy Policy, Effective & Ethical Government
Categories: Environment / Conservation, Smart Energy Policy, Effective & Ethical Government
This weekend, I happened to be looking through a batch of old clippings from the Basement of Doom, part of a lot we bought at an estate auction many years ago. This headline, which my research says is from a January 1953 editorial from the Pueblo Chieftain, said:
It's About Time We Awoke To The Oil Industry's Double Talk
Opening sentence: "We wholeheartedly endorse the ultimatum given by Governor Thornton and the chairman of the State Legislature's special oil tax committee to the oil industry to come up with a "fair and equitable" plan for its own taxation or take what the Legislature will hand it."
A little Googling showed me that Gov. Thornton had gotten tired of waiting for the oil industry to quit whining about how more taxation would kill the industry in Colorado. (Gosh, doesn't THAT sound familiar?) They had promised to come up with a plan everyone could live with, on their own, if the voters would just kindly not vote in an oil severance tax bill on the fall ballot.
Well, of course once the election was over the oilies didn't live up to their promise. So Gov. Thornton put his cowboy boot down in January and said they had THREE DAYS to come up with something, or the Lege would do it for them! And that's exactly what happened.
I will have to leave it to economists and/or historians to fill in the blanks of what happened between those days and now. Makes you wonder, though. Will someone in 2063 be looking back and marveling at how our elected officials stepped up to do the right thing for the state and the people way back in 2008?
We can only hope.
It's About Time We Awoke To The Oil Industry's Double Talk
Opening sentence: "We wholeheartedly endorse the ultimatum given by Governor Thornton and the chairman of the State Legislature's special oil tax committee to the oil industry to come up with a "fair and equitable" plan for its own taxation or take what the Legislature will hand it."
A little Googling showed me that Gov. Thornton had gotten tired of waiting for the oil industry to quit whining about how more taxation would kill the industry in Colorado. (Gosh, doesn't THAT sound familiar?) They had promised to come up with a plan everyone could live with, on their own, if the voters would just kindly not vote in an oil severance tax bill on the fall ballot.
Well, of course once the election was over the oilies didn't live up to their promise. So Gov. Thornton put his cowboy boot down in January and said they had THREE DAYS to come up with something, or the Lege would do it for them! And that's exactly what happened.
I will have to leave it to economists and/or historians to fill in the blanks of what happened between those days and now. Makes you wonder, though. Will someone in 2063 be looking back and marveling at how our elected officials stepped up to do the right thing for the state and the people way back in 2008?
We can only hope.
