Tag Archives: oil tax

File Photo: Flares and lights from oil wells dot the horizon on the Fort Berthold Indian Reservation, just over the Missouri River from New Town, North Dakota November 1, 2014. REUTERS/Andrew Cullen/File Photo

Double Taxing the Oil Industry Is a Good Way for the Three Affiliated Tribes to Lose a Lot of Money

Double Taxing the Oil Industry Is a Good Way for the Three Affiliated Tribes to Lose a Lot of Money

UPDATE: A reader points out that the Three Affiliated Tribes owns their own oil development company called Missouri River Resources. That seems like a very big conflict of interest. A tribal-owned oil company is going to be operating at a distinct advantage under a dual state-and-tribal tax regime. Back during their 2015 session North Dakota lawmakers removed

Former Democratic state Senator Mac Schneider, pictured here in 2015 with state Rep. Corey Mock looking on.

There Is No Version of Reality in Which a $600 Million Tax Hike Is Really a Tax Cut

Democrats really, really want “Republicans cut taxes for big oil” to be a viable part of their political platform heading into the 2018 election cycle. The big obstacle they face is that it isn’t a true statement. What they’re hoping is that if they just keep repeating the claim, over and over again, the public

North Dakota Governor Jack Dalrymple, left, announces on 7-13-2016 his decision to call for a special legislative session for Aug. 2, 2016 from Memorial Hall in the state Capitol in Bismarck, North Dakota. In the background is House Majority Leader Al Carlson, R-Fargo, left, and Senate Majority Leader Rich Wardner, R-Dickinson. (Mike McCleary / Bismarck Tribune)

Democrats May Introduce Bill to Raise Oil Tax During Special Session

On Tuesday next week North Dakota lawmakers will convene in Bismarck for a special session called earlier this month by Governor Jack Dalrymple. The proceedings will kick off with an address from Dalrymple at 9:30am, at which point he’ll apparently lay out what his specific priorities are for fixing the budget shortfall which necessitated the

House Minority Leader Kenton Onstad speaks at the capitol in Bismarck as Senator Mac Schneider, right, looks on.

North Dakota Democrats Spread Wildly Inaccurate Information About Oil Tax Collections

Yesterday Governor Jack Dalrymple announced that he would be calling state lawmakers back to Bismarck for a special session to run from August 2-4. This move has prompted a lot of criticism of Republican handling of budget issues, some of it fair and some of it not so fair. One consistent talking point I’ve heard

Dwight Cook: North Dakota Democrats Rewriting History On The Oil Tax

The famous sociologist and politician Daniel Patrick Moynihan once said, “Everyone is entitled to their own opinion, but not their own facts.” These words were never more appropriate than in reference to the recent column by State Sen. Jim Dotzenrod, D-Wyndmere. Dotzenrod would have readers believe that the 2015 Legislature cut oil taxes, but nothing

oil tax

Tribal Opposition To New Oil Tax Code Is Perplexing

News this morning is that, after state lawmakers reformed North Dakota’s obscenely byzantine oil tax into a flatter and slightly lower rate earlier this year, the leadership of the Three Affiliated Tribes on the Fort Berthold Reservation are balking at signing a new tax agreement with the state. The current agreement expires at the end

oil tax

Be Thankful North Dakota Democrats Didn’t Get Their Way On Oil Tax Reform

We’re past Thanksgiving, but here’s something you can be thankful for anyway: That Democrats didn’t get their way when they emptied their rhetorical silos in furious opposition to oil tax reforms earlier this year. The Republican majority in the state Legislature pushed through reforms to the state’s oil taxes in the 2015 session which ended

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Referendum In The Works For North Dakota Oil Tax Reform?

It’s obvious that North Dakota Democrats plan to make oil tax reform passed by the Legislature earlier this year a campaign issue in 2016, but could they try and refer that issue to the ballot before them? HB1476 ended the so-called “big trigger” exemption tied to oil prices which might have eliminated the state’s extraction

Michael Filloon: Are North Dakota’s Oil Taxes Too High?

North Dakota oil production taxes have seen significant debate recently.  It wasn’t the tax rate in general, but the tax trigger, which afforded oil producers a 45% tax break.  This trigger was recently replaced by a much less complicated system that varies only 2% depending on oil prices. Although the trigger was removed, it is

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