I thought the Barnett Shale was supposed to make us all wealthy. It seems Texas is having to rely more and more on federal money. Weren’t we supposed to be all independent and everything?
Rick Perry’s Texas depends more and more on federal government
Which of the following revenue sources has grown the most since Rick Perry became governor?
A. Sales tax, driven by a strong economy.
B. Natural gas production tax revenue, driven by a strong economy and the Barnett Shale discovery.
C. Federal income.
The answer is C…
He’s got a nifty spreadsheet too.
About Sharon Wilson
Sharon Wilson is considered a leading citizen expert on the impacts of shale oil and gas extraction. She is the go-to person whether it’s top EPA officials from D.C., national and international news networks, or residents facing the shock of eminent domain and the devastating environmental effects of natural gas development in their backyards.
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