
James Kaufman
37:16 - 38:14
"one of the huge differences is the source of the gas. And so, I mean, there's things that make it such an apples and oranges comparison where I'm sure most of the gas that's being transported in these lines is not coming from state ownership with any kind of royalty or maybe very little."
“one of the huge differences is the source of the gas. And so, I mean, there's things that make it such an apples and oranges comparison where I'm sure most of the gas that's being transported in these lines is not coming from state ownership with any kind of royalty or maybe very little.”
Questions on this slide? Senator Kaufman? As we're thinking of our property tax rates or other tax rates on the infrastructure of the pipeline, while we're trying to compare here, The one of the huge differences is the source of the gas. And so, I mean, there's things that make it such an apples and oranges comparison where I'm sure most of the gas that's being transported in these lines is not coming from state ownership with any kind of royalty or maybe very little. Do we just need to make that distinction as we're looking at the different tax regimes of of the economic impact, the total return of gas transport if it's coming to the entity, be it, you know, the state or U.S., of who owns the gas in these cases.