Analysis of Amendment 58

The two positions for Amendment 58 go like this: support the measure to have the oil and gas industry pay taxes with the possibility of $200 million being passed down to consumers, or do not support the measure and allow the oil and gas industry to continue to receive a substantial tax break at the expense of the state's tax payers.
Nearly $200 million could become available for supporting education and environmental action but it is not certain that energy costs will rise because of the governmental regulations on utility prices.

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