North Dakota's tax commissioner says the state's oil revenues could top $3.5 billion.
Lawmakers only expected to get just over $2 billion when they wrote the state's current two-year budget.
The first year of collections is in, and oil tax revenues total almost $1.7 billion.
Tax Commissioner Cory Fong says prices have stayed close to what the Legislature forecast.
But oil production is higher.
The Legislature forecast that North Dakota oil producers would pump up to 425,000 barrels of oil a day. In May, the average daily output was almost 640,000 barrels.
Tuesday, May 21 2013 11:15 PM EDT2013-05-22 03:15:41 GMT
Highway 22 north of Dickinson is another project construction crews are busy with. Last summer 22 was made into a four lane highway from Dickinson up to the county line. This summer crews are back at
Highway 22 north of Dickinson is another project construction crews are busy with.
Last summer 22 was made into a four lane highway from Dickinson up to the county line.
Tuesday, May 21 2013 10:09 PM EDT2013-05-22 02:09:29 GMT
Two new businesses and an apartment building want to come to Mandan. But there are strings attached. They all want property tax relief. Some say it's unfair to existing businesses and it deprives
Two new businesses and an apartment building want to come to Mandan. But there are strings attached. They all want property tax relief. Some say it's unfair to existing businesses and it deprives
Tuesday, May 21 2013 6:10 PM EDT2013-05-21 22:10:53 GMT
An Oklahoma woman now living in Mandan says news clips of the devastation in her home state have been hard to watch, but she is glued to her facebook finding out how friends and family are doing. "This
An Oklahoma woman now living in Mandan says news clips of the devastation in her home state have been hard to watch, but she is glued to her facebook finding out how friends and family are doing.
Tuesday, May 21 2013 4:10 PM EDT2013-05-21 20:10:43 GMT
While the rain has slowed planting for at least a few days--this spring has been one of the busiest for both farmers and fertilizer dealers. Everyone getting to the field at the same time has dealers scrambling
While the rain has slowed planting for at least a few days--this spring has been one of the busiest for both farmers and fertilizer dealers. Everyone getting to the field at the same time has dealers scrambling
The North Dakota Game and Fish Department has removed the open fire ban on the Oahe Wildlife Management Area. The agency had prohibited open fires on the state property along both sides of the Missouri River. Officials say...
Freddie Freeman homered in the 10th inning to give the Atlanta Braves a 5-4 win over the Minnesota Twins last night. Atlanta's Evan Gattis tied the game in the ninth with a two-out, pinch-hit homer. Trevor Plouffe and...
Evangelist Franklin Graham prayed on a sidewalk outside the Pentagon Thursday after his invitation to a prayer service inside was withdrawn because of comments that insulted people of other religions. More>>
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