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Table 6. Severance and Regulatory Taxes and Fees on Natural Resource Extraction and

Use in Texas Fuel Type

Tax

Money earned for state in FY 02

Crude Oil Production Tax

Crude Petroleum Regulatory Tax and Oil field Cleanup Regulatory Fee

Natural Gas Production Tax

Regulatory Fee

Coastal Protection Fee

Petroleum Products Delivery Fee

Uranium Severance Tax Coal or Lignite Production Occupation Tax Mining Regulatory Fee

Timber Felling Severance Tax TOTALS

4.6 percent of market value of oil produced within state or tax of 4.6 cents per barrel of 42 standard gallons of oil; or 2.3 percent of market value for recovery projects. Regulatory fee of 5/8th of 1 cent and regulatory tax of 3/16th of 1 cent assessed on each 42-gallon barrel. 7.5 percent of market value of gas produced and saved within the state 1/30th of 1 cent on 1,000 cubic feet of gas saved (Raised to 1/15th of 1 cent on Sept 1, 2001.) A fee of 2 cents per barrel of crude oil or condensate is imposed on all crude oil and condensate transferred from or to vessels at a marine terminal located in Texas A fee10 is collected by bulk facility operators (rail, pipeline, barge, or refinery terminals) upon the withdrawal of petroleum products into cargo tanks and on petroleum products imported into Texas None None

$120/acre of acres actively being mined None

$338.7 million

$2.2 million

$628.5 million

$2.5 million

$25 million

$74.9 million

$0 $0

$400,000

$0 $1,072.2 million

Coal Severance and Use Taxes

Texas is the country’s largest user of coal. The state also is the country’s fifth largest producer of coal, mining more than 53,000 short tons at 14 surface mines in 1999. More than 98 percent of this

coal

is

used

to

fuel

electric

power

plants.11

In

fact,

some

40

percent

of

electricity

generated

in

10

11

Varies from $12.50 to $25 per truck according to the net total gallons of all petroleum products withdrawn. U.S. Department of Energy, Energy Information Agency, “Texas Coal Statistics, 1990-99.”

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