Topic: Kansas Corporation Commission, Conservation Division
Interview of John Farmer, December 28, 2023
Interviewed by Rex Buchanan
In this late 2023 interview, John O. Farmer III recalled his long career in the oil business with his family-owned company in Russell, Kansas. Farmer describes the evolution of the oil business over decades as technology changed and improved the possibilities for small- to medium-sized companies in the oil industry. He observes that federal policies and market price fluctuations have more to do with the success or failure of the business than state policies. However, he notes, the interplay of state tax policies can make or break companies that depend on low-production oil wells.