The comment below was written by faithful reader and commentor Lynn Willis in response to a story about AOGA’s annual luncheon:
Our elected officials brought us this legislation and they deserve to be solely responsible for the effect of what they did. Only time will tell.
We all hear the claims that passage of SB 21 brought an immediate huge financial loss to the state and counter claims that SB 21 brought immediate capital spending by the producers to increase production. Neither of those claims could possibly be true in the short time since passage of SB 21.
According to the proponents of SB21, state taxes are holding back oil production. If SB21 is repealed and production/state revenues continue to decrease, how will you feel for the next decade when all you will hear from the producers and proponents of SB21 is “I told you so,” because they will then have license to blame all their problems on the repeal?
Therefore, I will vote “NO” and let those who supported this legislation have the time to “put up or shut up” and thereby put myself in a “win-win” position by either benefiting from increased state revenues or by being able to clearly understand that this generation of politicians in the political majority have no idea what they are doing.