Oil company asks for tax relief
October 14, 2021
A local oil company approached the county commissioners last week to ask for relief on the interest associated with their tax bills for the last three years. Understanding the difficulties companies like Ranch Oil have faced due to prices over the last half decade and additional difficulties such as the pandemic, the commissioners agreed to waive $40,195.79 for interest on taxes between the years of 2018 through 2020.
Jennifer McDowell, attorney for Ranch Oil, presented the request on behalf of Carl Dean, co-owner, and Tonie Cook, land manager. A sour crude producer, she said, Ranch Oil ha...