Permain basis observations

American frontier society principles and worldview

  • Trump is the best president that God has given to America
  • God’s deeds are done in actions not words
  • If you do not appreciate what God has given, it was be taken away and replaced with something not as good
  • God created put the government in place to maintain law and order
  • Your purpose is to become the best possible version of yourself in service to God
  • What you can do you keep. This is how you keep cash in the business
  • Observe the actions not the words. When you follow your line of reasoning from actions that actually happened, the outcome of your thought process must be true
  • Apply the principles of auto-suggestion. People will more readily to respond to your actions than your words. Never use it for evil. Examples:
    • stand by the road on the highway holding an empty tank and chances are someone would stop by and offer you a ride to get gas
    • setup a table properly with all the meal and bring out a container showing empty butter and the guest will likely volunteer to go get butter

Economic environment in Permian basin

  • Permian basin is the heart of America’s oil supply. It has gone through multiple cycles of boom and bust over the past 20 years. Each bust cycle typically last for a year.
  • Property valuation. and taxes
    • before 2018
      • Valuation USD150,000
      • Taxation US1500
    • 2018
      • Valuation USD4,000,000
      • Taxation USD40000
  • Boom years
    • Total revenue for Roper motel was above USD1,000,000 during 2018 when demand for oil was strong.
    • Property taxes is calculated based on property valuation. Property valuation is assess every year.
    • Government started including motel furniture installations as part of annual property taxes as it was considered capitalized expenditure used for the purpose of generating revenue
    • Water taxes increased as usage was categorized as commercial leading to a doubling of water bills
    • Motels are charged USD200 a month for ambulance service in town
  • Post COVID era
    • while taxes were increased during the boom years, downwards adjustments were slow. Pecos is ailing for heightened level of taxes and low oil demand

Social environment in the Permian Basin

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