Another pet peeve: blog sites that don't date their posts.
North Dakota oil and gas tax revenue study released. Link here, undated. Data points:
- study "sponsored" by the North Dakota Petroleum Council and the Western Dakota Energy Association
- Geoff Simon is the Executive Director of the WDEA
- the purpose of the study: to review the oil and gas extraction and gross production tax collections by the state of North Dakota, from 2008 - 2018
- from 2008 - 2018: $18 billion for the state
- accounted for almost 44% of the total tax revenues collected by the state during that period
- over the past five years, oil and extraction and production taxes accounted for more than 50 percent of all tax revenues collected by the state
ND oil taxes. From an earlier post:
Crude oil:
- extraction tax, 5% of the gross value of oil production at the well
- gross production tax (in lieu of property tax), 5% of the gross value of oil production at the well
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