Landowners work hard to get oil, gas royalties
May 15, 2013 at 12:15 a.m.
Editor, the Advocate:
My wife and I have worked since we were 5 years old. We worked, did without and saved every penny to buy a worthless farm in Karnes County. We struggled and sacrificed for 10 years to successfully buy all the mineral rights to the land.
It should be noted that of the oil and gas royalties, we end up paying about 60 to 70 percent in taxes: school, county, state, Social Security, Medicare and Federal Internal Revenue taxes, etc.
As a result, one keeps about 30 to 35 percent of their royalty payments. I'm happy to say our oil wells provide needed jobs to construction workers, real estate personnel, motels, hotels, trailer camps, oil riggers, gaugers, CPAs, truck drivers, engineers and too many other needy workers in our communities.
Oil and gas royalties have helped to build new schools, hospitals, courthouses, farm implements, auto and truck dealerships and many, many charities.
Ignorant and prejudiced remarks should be kept to one's self! We should all say, "Keep the jobs flowing!"
Tom Sisti, Victoria