University Daily Kansan, January 16, 1985
CAMPUS AND AREA
Page 7-B
Oil commission fights tax repeal
By United Press International
OKLAHOMA CITY — Repeal of one of the oil industry's big tax breaks would cost the nation 630,000 jobs and 6.3 billion barrels in oil reserves during the next five years, a study released Monday indicates.
The Interstate Oil Compact Commission, composed of 30 oil-producing states, issued the report, which also said the nation would lose an average of $360 million a year in severance tax revenues.
Officials said they had talked with Gov. John Carlin about having the commission's study presented to the 15th annual Democrats Conference later this winter.
Current law permits oilmen to claim intangible drilling costs during the year they are incurred. Commissioners may declare that repeal of the law also would.
- Reduce the amount of investment capital available for drilling from $25 billion to $15 billion.
- Cause a drop of $12.6 billion in annual drilling.
- Result in a reduction of $6 billion in oil and gas revenues during the next five years.
- Reduce the number of wells drilled nationwide by 203,521 below projections for the next five years.
Oklahoma would lose 92,841 jobs and $63 million a year in severance tax revenues if the proposal by former Treasury Secretary Donald Regan passes, the study shows. An estimated 24,880 fewer wells would be drilled in Oklahoma between 1986 and 1991, the study said.
For Texas, the impact would be greater, the report says, with 68,250 fewer wells to be drilled than has been projected for the next five years.
"The state will suffer the loss of
$114 million from gross production tax receipts annually from 1986 to 1991 and 197,399 jobs each year for five years," the state studies.
At a briefing on the study results, Oklahoma Gov George Nigh said oilmen across the nation needed to band together to fight the proposal.
"The first step is to try to get the President not to put it in his (budget) message." Nigh said.
Nigh called for a broad cross section of business and labor officials to lobby President Reagan and Congress. He said officials of major oil companies must work with the independents to defeat the proposal.
"It is imperative that everybody be involved." he said.
Oilman Brian Egoff said he thought the federal government was trying to eliminate the small- and medium-sized independent oilmen and leave only a few huge oil companies.
Carlin approves $390,000 for job training
By United Press International
TOPEKA — Gov. John Carlin has approved spending almost $390,000 in job training funds for unemployed people, the Kansas Department of Human Resources said recently.
Larry Wolgast, Human Resources secretary, said that $191,868 from the state's share of the federal Job
Training Partnership Act funds was approved to partially fund a retraining program for 225 laid-off Beech Aircraft Corp. workers. Another $191,175 was approved to pay for on-the-job training for 109 unemployed people in southeast Kansas.
be operational by the end of January. Wolgast said that southeast Kansas had a consistently high unemployment rate and that 20 percent of the population was listed at or below the poverty level.
Wolgast said the administrators hope the program for long-term unemployed in southeast Kansas can
Although Beech asked the state for $787,483 to train the 225 laid-off workers for a new product line, Wolgast said, only 25 percent of the program's cost can be financed.
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Kansans to attend inaugural gala
By United Press International
As many as 500 Kansans may attend an inaugural reception in Washington on Saturday sponsored by GOP National Committeeman McDill "Huck" Boyd of Phillipsburg.
The reception at the International Club in central Washington will be the main state activity for Kansans attending inaugural Halloween festivities. Keagan, who will be sworn in for a second term at 11:30 a.m. Monday.
"We intended to have it at the Capitol Building, but the room wasn't big enough," said Boyd, a publisher.
He estimated that 250 people would travel from Kansas to Washington for the inaugural and for the reception, which was organized by Boyd and his wife, Marie.
"The capacity of the room is 500,
and I think we're pretty close," said Boyd, indicating his invitation list is full.
Numerous Kansas Republicans who work for agencies in Washington also are expected to attend the reception. In addition, Boyd said, some people who have been stationed at Kansas military posts are attending the Army command school at Pt. Leavenworth are expected.
ONE PURPOSE OF the reception will be to honor the Kansas congressional delegation, including new Senate Majority Leader Kane, as well as his wife. Transportation Secretary Elizabeth Dole.
There will be other Kansans out and about in Washington on inaugural weekend. Among them
"We've got a lot to be proud of in Kansas," Boyd said. "A lot of people from Kansas are holding important positions in Washing-
will be the 68-member Uniontown High School Band, which will represent Kansas in the inaugural p.m. down Pennsylvania Avenue.
Band members, aged 14 to 18,
began raising funds for the trip
long before they knew they would
be paid. They had raised $21,000 of the estimate
$30,000 expenses when the invitation came last month.
ANOTHER KANSAN THOUGHT he had received a crank call when he was invited to Reagan's inaugural luncheon. Winfield farmer Stan Aherlich and his wife, Molly, still are not sure why they were invited to the Jan. 21 luncheon.
Aherlich, 33, said he thought it was because he served as chairman in 1984 of the Young Farmers and Ranchers Advisory Committee, which advised the American Farm Bureau's board of directors on issues.
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