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To: Al B.

You quote the Dispatch and then complain about my sources???

http://www.bwenergylaw.com/News/documents/NorthDakotaStateLeasestoCarryaHigherRoyaltyRate.pdf

The state royalty rate is 1/6, they have considered raising to 3/16 or even 1/5. A high rate, but I don’t see anything approaching 33% with the tax added.

http://bismarcktribune.com/news/local/state-looking-to-get-more-money-for-oil-on-state/article_1ec89df6-4322-11e1-a71c-001871e3ce6c.html


40 posted on 04/13/2012 1:23:39 PM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
If you had bothered to read Coyne's well-sourced and linked article, you would have seen that the ND royalty rate she quoted was 20%. At $100 oil, that's $20. Add that to ND's oil tax (11.5%) and and corporate taxes, you would come up with 33% for ND oil compared to 39% for Alaska.

Your link says ND royalties are 18.75%. Ms. Coyne's numbers (20%) don't seem far off. She got them from the ND Tax Dept. and said they were the average for the state.

42 posted on 04/13/2012 1:34:50 PM PDT by Al B. ("Evil is powerless if the good are unafraid." -- Ronald Reagan)
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