In light of the recent off-shore oil spill, now is a good time to fully appreciate the value of Kansas’ independent oil and gas producers.


  In light of the recent off-shore oil spill, now is a good time to fully appreciate the value of Kansas’ independent oil and gas producers. Kansas oil and gas producers have an excellent record of safety and contribute billions of dollars to the Kansas economy each year.
    During the 2008 calendar year, Kansas oil and gas producers paid $442 million in severance and property taxes (not including sales and income taxes). This was a 44 percent increase from 2007 and overall a 303 percent increase over a decade. This is a testament to the hard work of these small-business operators. Property and severance taxes alone constitute about 11 percent of the value of the product at the well head.
    For the full story, go to dodgecitydailyglobe.ks.newsmemory.com.