Tag Archives: production tax

An oil well pumps at sunrset in western North Dakota's Bakken Formation. Forum News Service file photo

Over the Past Five Years North Dakota’s Oil Industry Has Paid 50 Percent of All Taxes Collected in the State

Over the Past Five Years North Dakota’s Oil Industry Has Paid 50 Percent of All Taxes Collected in the State

“During the Bakken development oil extraction and production taxes are more than 44% of all taxes collected by the state,” a study commissioned by the North Dakota Petroleum Council and the Western Dakota Energy Association states. “During the Bakken development oil extraction and production taxes are more than 44% of all taxes collected by the

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