Oil in Texas doesn't pay much in taxes compared to other states.

Oil in Texas doesn't pay much in taxes compared to other states.

There are only two or three nations in the world where the public doesn't own the oil resources. The United States is one. Texas when compared to other states does not receive very much tax revenue when looking at amount of oil producted. Most all the states compared to Alaska have low tax rates on oil production. I am putting together graphs and figures to show this better. Until then....