January 30, 2013

 
In This Issue
Goodbye Dickinson homebuyer tax incentive?
Dickinson officials lobby to stay out of debt
More Money to Oil Country....
State still faces one key challenge
Top 20 operators in oil production over the years.....
Companies adapting to different needs....
N.D. roadwork put on fast track
Rural ND farmers push for greater distance bewteen oil wells, houses....
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Goodbye Dickinson homebuyer tax incentive? Abatement may go on strong housing

 

A tax abatement that buyers of newly constructed homes in Dickinson have been able to take advantage of could end if city officials have their way.

 

Dickinson officials lobby to stay out of debt
  
An additional 22,000 people are expected to settle in Dickinson over the next seven years, further stretching the city's infrastructure as it struggles to keep up with water supply, wastewater and other issues.

 

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More Money to Oil Country
  
The oil and gas industry has grown dramatically in the state in the last few years. The state is expected to collect more than five billion dollars in oil and gas taxes over the next biennium. Some legislators are proposing to direct 80 percent of that money back to the local oil producing communities. But it might hit some road blocks because everyone wants a piece of that pie.
  
State still faces one key challenge

North Dakota is thriving in economic growth and population growth, but the state still has one big challenge - changing what others think of it.
 
Top 20 operators in oil production over the years
  
If you've wondered what companies are tops in oil production in North Dakota, here's the list of the top 20 operators and the sums of their cumulative oil.
 
Companies adapting to different needs

Steffes Corp. started as a small manufacturing company in the '40s. Since then, the company has reinvented itself several times, adding a variety of products from snowmobile skis to hopper-bottom feed storage bins. Now the company manufactures 400-barrel oil storage tanks for companies in the North Dakota oil patch.

N.D. roadwork put on fast track

 

By moving funding for highway projects to the front of the legislative bill-making line, North Dakota lawmakers can ensure necessary road improvements are made during the 2013 construction season and that they are not pushed into the following year.

  
Rural ND farmers push for greater distance between oil wells, houses
 
Frank and Wanda Leppell already have three oil wells one-quarter mile from their front picture window. They don't want wells any closer.