#txlege

@EricaGrieder If by more fair, you mean make US products more expensive and therefore less competitive to other nations' products. Yep!

@TXlege I suppose in this era of Trump, we should be happy people know about the invisible hand, even if they don't know about externalities

@EricaGrieder Gonna make us break out our Macro 101 books. Besides, Tx has de facto carbon tax called severance for O&G & not other energy.

@TXlege @EricaGrieder Has the severance tax made Texas less competitive?

@Slothfornix @EricaGrieder Our severance rates R higher than neighbor states so yes. Yet, #txenergy folks better at our game so evens out.

@TXlege @EricaGrieder Also it's not like neighbors can get our oil. It is under us. Texas producers don't really have a choice.

@Slothfornix @EricaGrieder Yes they do. They can produce there just like they do here. Do you not think there is oil in OK, NM, or LA?

@TXlege @EricaGrieder my point is our severance tax is not a barrier to the production of oil in our state.