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August gross tax receipts set new record highs, including 12-month total receipts of $16.82 billion and monthly gross production tax receipts of $205.6 million. Although that is very good news for our state as a whole, the GPT is currently driven by prices of $90-perbarrel oil and $9-per-million BTU for natural gas, both of which are painful for our households. While our state has abundant wind energy facilities, the vast majority of our electricity is produced by clean natural gas, which is now priced three to four times higher than only two years ago. Because of this spike in energy prices, many citizens are now paying more to power their homes during this record summer heat than rent and mortgage payments. In addition, $5 diesel fuel is adding to the cost of all retail goods driving inflation up to an 8.5% annual rate.