Nodak78 Posted October 20, 2014 Share Posted October 20, 2014 Really!!! The article you refer to is use subsidies and tax deduction interchangeably to confuse reader much like Pres Obama. When Obama gives a company a grant(tax payer monies) to help finance a solar company that go bust, that a subsidy. When an oil company spend millions in equipment and exploration with investors money or earning and claims a portion of that as a tax deduction. Hence tax deduction vs subsidy. Obama makes that mistake all the time. On purpose. Quote Link to comment Share on other sites More sharing options...
MoSiouxFan Posted October 20, 2014 Share Posted October 20, 2014 Really!!! The article you refer to is use subsidies and tax deduction interchangeably to confuse reader much like Pres Obama. When Obama gives a company a grant(tax payer monies) to help finance a solar company that go bust, that a subsidy. When an oil company spend millions in equipment and exploration with investors money or earning and claims a portion of that as a tax deduction. Hence tax deduction vs subsidy. Obama makes that mistake all the time. On purpose. Quit confusing the issue with facts. (totally agree). Quote Link to comment Share on other sites More sharing options...
bison73 Posted October 20, 2014 Share Posted October 20, 2014 Really!!! The article you refer to is use subsidies and tax deduction interchangeably to confuse reader much like Pres Obama. When Obama gives a company a grant(tax payer monies) to help finance a solar company that go bust, that a subsidy. When an oil company spend millions in equipment and exploration with investors money or earning and claims a portion of that as a tax deduction. Hence tax deduction vs subsidy. Obama makes that mistake all the time. On purpose. Well done!!!!! Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted October 20, 2014 Share Posted October 20, 2014 An interesting article on ethane crackers from a Pittsburgh paper, Four separate cracker plants may be built in the Pittburgh area to handle much of the ethane from the Marcellus and Utica formations. The article implies that tens of thousands of manufacturing jobs could result from one cracker plant, if related infrastructure in other industries is built. But North Dakota has a history of exporting raw materials like polyethylene pellets, so that's a huge task in a lightly populated area. http://triblive.com/business/headlines/6957378-74/gas-crackers-industry#axzz3Gf1cIDaG Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted October 20, 2014 Share Posted October 20, 2014 Great article. The jobs create from higher value products instead of piping it to other states and countries will be in the thousands. This is much great than added valve from Ag commodities. We need to develop more of this in ND. I see in the article they were give a tax Credit for developing in their state. Of course with a credit. It would be huge for development and population growth if ND would get rid of the state income tax. Quote Link to comment Share on other sites More sharing options...
Siouxphan27 Posted October 20, 2014 Share Posted October 20, 2014 An interesting article on ethane crackers from a Pittsburgh paper, Four separate cracker plants may be built in the Pittburgh area to handle much of the ethane from the Marcellus and Utica formations. The article implies that tens of thousands of manufacturing jobs could result from one cracker plant, if related infrastructure in other industries is built. But North Dakota has a history of exporting raw materials like polyethylene pellets, so that's a huge task in a lightly populated area.http://triblive.com/business/headlines/6957378-74/gas-crackers-industry#axzz3Gf1cIDaG It would be great if ND would build cracker plants. Thousands of jobs, plus the nickname issue would be solved. Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted October 20, 2014 Share Posted October 20, 2014 It would be great if ND would build cracker plants. Thousands of jobs, plus the nickname issue would be solved. Masterfully played. Quote Link to comment Share on other sites More sharing options...
ScottM Posted October 20, 2014 Share Posted October 20, 2014 Really!!! The article you refer to is use subsidies and tax deduction interchangeably to confuse reader much like Pres Obama. When Obama gives a company a grant(tax payer monies) to help finance a solar company that go bust, that a subsidy. When an oil company spend millions in equipment and exploration with investors money or earning and claims a portion of that as a tax deduction. Hence tax deduction vs subsidy. Obama makes that mistake all the time. On purpose. Apparently, you know nothing about corporate taxation, and we'll leave it at that. 1 Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted October 21, 2014 Share Posted October 21, 2014 I obviously know more about it than a constitutional atty. in the White House. Corporations don't pay taxes people do. Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted November 4, 2014 Share Posted November 4, 2014 Looks like another diesel plant is going up, this time in Stanley. http://money.cnn.com/news/newsfeeds/articles/marketwire/1155691.htm One has been built in Dickinson, while others are planned in East Fairview, Trenton, and Devils Lake. Plus a new refinery is planned for Makoti and billions to construct new gas plants near Watford City. There's several oil companies that will cut back on drilling in 2015 until oil prices recover, so 2015 might be an ideal year for construction, as there may not be the demand for housing in the west that there was this year. Quote Link to comment Share on other sites More sharing options...
SiouxVolley Posted November 8, 2014 Share Posted November 8, 2014 We're in a battle with Saudi Arabia in regard to market share. ... To some degree, U.S. energy companies are victims of their own success. They are pumping more oil and gas with fewer rigs and drilling and finishing wells faster than just a few years ago. http://online.wsj.com/articles/drillers-cut-expansion-plans-as-oil-prices-drop-1415317426 Quote Link to comment Share on other sites More sharing options...
ScottM Posted November 8, 2014 Share Posted November 8, 2014 http://online.wsj.com/articles/drillers-cut-expansion-plans-as-oil-prices-drop-1415317426 At some point market economics will temper the boom and that my be a good thing from a long-term sustainability perspective. Quote Link to comment Share on other sites More sharing options...
ScottM Posted November 10, 2014 Share Posted November 10, 2014 http://www.startribune.com/business/yourmoney/282182021.htmlhttp://www.nytimes.com/2014/11/11/business/harold-hamm-oklahoma-oilman-billion-dollar-divorce.html?&hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news Should've got a prenup, Harold ... Quote Link to comment Share on other sites More sharing options...
ScottM Posted November 24, 2014 Share Posted November 24, 2014 http://www.nytimes.com/interactive/2014/11/24/us/north-dakota-oil-boom-politics.html?hp&action=click&pgtype=Homepage&module=second-column-region®ion=top-news&WT.nav=top-news&_r=0# Quote Link to comment Share on other sites More sharing options...
Rick Posted November 24, 2014 Share Posted November 24, 2014 http://www.startribune.com/business/yourmoney/282182021.htmlhttp://www.nytimes.com/2014/11/11/business/harold-hamm-oklahoma-oilman-billion-dollar-divorce.html?&hp&action=click&pgtype=Homepage&module=first-column-region®ion=top-news&WT.nav=top-news Should've got a prenup, Harold ... I read last week that she's appealing the decision. Quote Link to comment Share on other sites More sharing options...
ScottM Posted November 24, 2014 Share Posted November 24, 2014 I read last week that she's appealing the decision. Apparently, nearly a billion dollars just isn't enough for her. Quote Link to comment Share on other sites More sharing options...
choyt3 Posted November 24, 2014 Share Posted November 24, 2014 Apparently, nearly a billion dollars just isn't enough for her. That would be a tough lifestyle to maintain, considering that if she were to put that in a savings account earning .5%, and would ONLY live on the interest, she would have to live on a measly $416,666.67 per month. Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted November 25, 2014 Share Posted November 25, 2014 NY Times folly from extreme liberals http://www.nytimes.com/interactive/2014/11/24/us/north-dakota-oil-boom-politics.html?hp&action=click&pgtype=Homepage&module=second-column-region®ion=top-news&WT.nav=top-news&_r=0# ND benefits https://www.youtube.com/watch?v=V0doFHt0ev0 Well just a few benefits many more to cover right now. Trouble with the you tube. Just punch Williston the good life and you should find it. Quote Link to comment Share on other sites More sharing options...
Cratter Posted November 25, 2014 Share Posted November 25, 2014 NY Times folly from extreme liberals ND benefits https://www.youtube.com/watch?v=V0doFHt0ev0 Well just a few benefits many more to cover right now. Trouble with the you tube. Just punch Williston the good life and you should find it. Tells me video not found. Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted November 26, 2014 Share Posted November 26, 2014 For some reason I can not correct here and keep it as I type. Must be a communist plot. So follow below. Click on the video above and when you get link on found go to Brower and change the lower case o to upper case O. and it will work. Tells me video not found Quote Link to comment Share on other sites More sharing options...
Hawkster Posted November 26, 2014 Share Posted November 26, 2014 NY Times folly from extreme liberals ND benefits https://www.youtube.com/watch?v=V0doFHt0ev0 Well just a few benefits many more to cover right now. Trouble with the you tube. Just punch Williston the good life and you should find it. Try this Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted November 26, 2014 Share Posted November 26, 2014 Thanks TRex Quote Link to comment Share on other sites More sharing options...
sprig Posted December 3, 2014 Share Posted December 3, 2014 An interesting view if all the pipes underground were above the ground: http://www.nytimes.com/interactive/2014/11/24/upshot/nd-oil-well-illustration.html?emc=eta1&_r=0&abt=0002&abg=0 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted December 3, 2014 Share Posted December 3, 2014 An interesting view if all the pipes underground were above the ground: http://www.nytimes.com/interactive/2014/11/24/upshot/nd-oil-well-illustration.html?emc=eta1&_r=0&abt=0002&abg=0 Those are just the wells. They don't show the pipelines. And yes, wells go down about five miles and then turn horizontal and go about two miles; hence, the name "horizontal drilling". Fracking happens in the horizontal stretch. Cool looking map but I guess I'm not sure what the NYT's point is. Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted December 3, 2014 Share Posted December 3, 2014 actually the wells in the Bakken and three forks go down 2 miles and then horizontal 2 miles for the most part. most of the early wells horizontal are one mile. Now a few are 3 mile horizontal legs. I look at that map and smile. Most be a lot of oil down there. drill baby drill. Quote Link to comment Share on other sites More sharing options...
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