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Idea to send:	Topic Energy Fund Content Consideration should be given to establishing a permanent oil and gas tax endowment fund. As oil and gas prices rise due to increasing production and worldwide demand, our tax revenue will increase proportionally. If we are far-sighted enough, we will have set up an endowment fund to permanently reserve a significant portion of these funds, instead of funding new and additional spending projects. Hopefully, this trend will accumulate enough money, due to pro rata increases in contributions, to reach a point whereby the annual income generated by the fund equals the maximum amount of annual tax income from oil and gas taxes. At this point, all or a portion of the oil and gas tax revenue could be used to fund large capital expenditures or reduce other forms taxation.