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oil extraction tax
August 7, 2015
North Dakota made right choice reforming oil extraction tax
Success has allowed the Legislature and governor to repeatedly cut income and property taxes for citizens and businesses alike. Doing so has reduced tax burdens on people and businesses and, most of all, it improved the prospects for a person or business to thrive in our state over...
August 7, 2015 - 11:29pm
May 1, 2015
North Dakota still on track for oil tax break
WILLISTON, N.D. - The clock kept ticking in April on a suspension of North Dakota's oil extraction tax after a state-calculated average of the...
May 1, 2015 - 4:20pm
April 28, 2015
Headland: No one-size-fits-all legislation with oil tax structure
BISMARCK -- Two weeks ago, the North Dakota House made the hard decision to introduce a delayed bill that would fix the antiquated oil tax structure in North Dakota. This is an example of solid leadership in the face of what was sure to be politically motivated attacks from the Democrats....
April 28, 2015 - 6:35pm
April 23, 2015
Senate approves changing oil taxes
BISMARCK — Senate lawmakers voted 32-15 late Thursday in favor of lowering the oil extraction tax and removing price-based tax breaks after...
April 23, 2015 - 9:38pm
April 22, 2015
Compromise introduced in Legislature's oil tax debate
BISMARCK – Senators introduced a bipartisan compromise Wednesday in the ongoing oil tax debate, proposing to change the overall tax rate to 10 percent unless oil prices average above $90 a barrel. The amendments to House Bill 1476, introduced by Sens. Dwight Cook, R-Mandan,...
April 22, 2015 - 11:35am
April 21, 2015
Wardner and Carlson: It’s time to end the trigger
Benjamin Franklin said, “In this world nothing can be said to be certain, except death and taxes.” This couldn’t be further from the truth in North Dakota as it relates to the oil industry. The massive amount of uncertainty that has been caused by our archaic oil tax policies...
April 21, 2015 - 6:40pm
Letter: Legislature again bows to rich oil industry
Judging by the complete lack of whining by the always-pampered and never-poor oil industry, it’s quite clear that they own the North Dakota Legislature, lock, stock and oil barrel. While it can be said this Legislature has accomplished a few things of note (trying to think of one...
April 21, 2015 - 6:35pm
April 20, 2015
Letter: Republicans’ oil tax rate proposal a good deal
Legislative leaders have shown good judgment in their proposal to change North Dakota’s oil tax rate. Today, the rate is 11.5 percent, but the state has a provision by which the tax is lowered by 6.5 percent when oil prices decrease. This strategy is to encourage the oil industry...
April 20, 2015 - 9:35pm
April 18, 2015
Schneider and Onstad: GOP oil extraction tax plan wrong for ND’s future
BISMARCK — This is in response to the announcement by House Majority Leader Al Carlson, R-Fargo, that the GOP majority in the Legislature intends to go forward with a delayed bill that would permanently reduce the oil extraction tax by 30 percent. If enacted, the Republican majority’s...
April 18, 2015 - 9:54pm
April 17, 2015
Republicans propose adjusting oil taxes to hedge against lower crude prices
BISMARCK – Republicans introduce a late-session bill Friday that would hedge against low crude prices by eliminating price-based tax breaks...
April 17, 2015 - 5:07pm
April 3, 2015
Clock keeps ticking toward North Dakota oil tax break
The clock kept ticking in March on a potential $5.3 billion, two-year tax break for North Dakota's oil industry after a state-calculated average...
April 3, 2015 - 12:28pm
February 16, 2015
House votes to extend oil tax
BISMARCK – House lawmakers voted 79-14 Monday to extend the oil extraction tax reduction known as the “small trigger” for two more years to entice oil companies to keep drilling despite low oil prices. House Bill 1437 extends the tax cut that’s currently in place through...
February 16, 2015 - 5:04pm
January 14, 2015
Helms: Oil production could decline by third quarter
BISMARCK -- November oil production in North Dakota barely hit an all-time high, but low oil prices could lead to too few rigs to maintain current...
January 14, 2015 - 5:11pm
Ad blitz to hit before conservation measure hits ballot
BISMARCK — Before a proposed measure to divert millions of dollars from oil tax revenue for a conservation fund has even gained enough signatures for a spot on the ballot in November, organizations on both sides of the debate are gearing up to bring their fight onto the airwaves. North...
June 14, 2014 - 10:45pm
April 10, 2014
Conservation proponents hold meeting
JAMESTOWN — A ballot initiative that would provide funding for wildlife conservation from oil tax revenues was discussed at a meeting held by members of the North Dakotans for Clean Water, Wildlife and Parks at the Jamestown Arts Center on Thursday night.
April 10, 2014 - 12:45am