What one oilman thinks of the Seminole Tribe’s energy tax effort

 

 

The recent efforts of the Seminole Nation to take advantage of a U.S. Supreme Court decision to tax the oil and gas industry within its sovereign confines has angered some in the industry. Not to mention Attorney General Mike Hunter who in essence sent a “cease and desist” letter to tribal leaders to put an end to what some might describe as a greedy move.

Take the case of Norman’s Russell Smith, co owner of Blue Baron Energy. He expressed his views in a Sunday comment in the editorial pages of the Oklahoman newspaper.

Click here to read his comments.

 

As someone active in Oklahoma’s oil industry, I am dismayed at the recent actions of the Seminole Nation. Attempting to create a new taxing entity threatens investment in the state’s most significant industry, will result in capital fleeing Oklahoma and will put at risk many companies already in a precarious situation.

I respect tribal sovereignty. I have great respect for the approach taken by those Oklahoma tribes seeking to work with the state in finding a solution to the U.S. Supreme Court’s McGirt decision on criminal law. Together, we need to focus on these things that unify us, not those that divide. With this common goal, a solution is attainable.

We also have a common goal when it comes to our economy. Those residing in tribal areas want investment and jobs. A rising tide does lift all boats. This is why the renegade actions of one tribe are so troubling. For one nation to apply this court decision on criminal law to civil law is a selfish act that will prove detrimental to Oklahoma and that nation. This action disincentivizes investing in any tribal nation where similar actions may occur. This move should be rebuked by Oklahomans and by those tribes with a history of working with, not against, their fellow Oklahomans.