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The director of North Dakota’s mineral resources department expects the number of drilling rigs operating in the Bakken to drop – because of lower oil…
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A vice president for Continental Resources says while there has been a slowdown on the number of oil rigs working in the Bakken, he expects development of…
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A Legislative interim committee has chosen a Bismarck engineering firm to study oil industry impacts, production trends and tax policy.KLJ was one of two…
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The Legislature’s interim Taxation Committee will be looking at the way North Dakota taxes the oil industry.The current tax structure came out of 1980’s…
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The 2013 Legislature wrestled with the concept of “stripper wells” and “stripper well properties.”Those are wells that pump relatively little oil – and…
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The House has rejected a bill that would have lowered the oil extraction tax rate on new wells by one-half of one percent.The extranction tax is now 6.5…
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The Senate has passed a major change to North Dakota’s oil taxes.The measure tightens some of the oil tax looholes, uncouples the tax from oil prices,…
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State Sen. Dwight Cook (R-Mandan) has introduced a bill that re-structures the state’s oil tax.Cook’s bill changes the so-called “stripper exemption” for…
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A Minot lawmaker has introduced a bill to simplify – and potentially lower – oil taxes.The bill – introduced by Republican Representative Roscoe Streyle –…
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Gov. Jack Dalrymple (R-ND) gives his biennial budget address to the Legislature's organizational session Wednesday in Bismarck.Hear the complete speech…