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North Dakota revenue forecasts predict better-than expected oil tax collections
Moody s Analytics and the North Dakota Office of Management and Budget presented a forecast to budget writers that expects the state to receive nearly $4 billion in oil tax revenue during the next two-year budget cycle a full $1.1 billion more than a projection presented to lawmakers in November. Written By: Jeremy Turley | Adam Willis | 5:30 pm, Mar. 16, 2021 ×
Zach Lugibihl, from left, and brothers K.C. and Dusty Sutton, all of Nine Energy Service, prepare to install a blow out preventer July 7, 2014, on a new well south of Stanley, N.D., that has been fracked and needs to be cleaned out before it produces oil. Forum file photo
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