Ernest's Feed
Feb 6, 2015
Feb 6, 2015
Feb 5, 2015
Feb 5, 2015
Feb 5, 2015

Clock starts ticking on $5.3 bln tax break for North Dakota oil

, Feb 5 (Reuters) – Tumbling crude oil prices
have started the clock ticking on a potential $5.3
billion, two-year tax break for North Dakota’s oil producers.

The countdown, which started this week, holds the promise of
a silver lining of sorts for oil producers and their contractors
in the No. 2 oil-producing U.S. state, many of whom have
struggled with a roughly 50 percent drop in oil prices since
last June.

Feb 5, 2015
Feb 5, 2015
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Feb 4, 2015