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Friday, January 18, 2019

State, Tribes Talking -- More Than What Is Happening In DC -- January 18, 2019

Link here.

When I get caught up, I will come back to this one.

The subject line will be seen as many as a jab at Trump-Shelosi. That is only partly accurate. The real story is that the reason the Bakken has been so successful is because all parties involved have worked hard to work together.

I would say the surface owners, perhaps, were the most negatively impacted, and yet, somehow things moved along. There are reasons why "the Bakken" could not have happened in France, New York, California, or British Columbia.

Back to the linked story:
North Dakota Republican legislative leaders unveiled a bill Thursday that aims to stop a longstanding disagreement over shared revenues on an oil-rich American Indian reservation in the state.
The bill sponsored by GOP Sen. Jordan Kannianen and the party's Senate and House majority leaders reworks a tax-sharing agreement that favors the Three Affiliated Tribes on new wells drilled on the Fort Berthold Reservation, which accounts for about a fifth of North Dakota's more than 1.3 million barrel-a-day oil production.
"It's a good, solid step," Tribal Chairman Mark Fox told The Associated Press of the measure. "We are very supportive of this change."
The legislation is the result of nearly two years of negotiations between tribal leaders, Republican Gov. Doug Burgum, legislative leaders, the state tax department and industry officials.
The Kannianen name should be familiar to regular readers of the blog. Who knows? Maybe someday a NoDak will be president of the US? Stranger things have happened.

I know nothing about the proposal, but the comment by Mark Fox was nice to see. Even if the proposal is not perfect, it appears folks are willing to talk.

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