PapaG wrote:Helcat72 wrote:How long till the earthquakes start?
That only occurs in Oklahoma. Or so I'm told.
Seems like the poster here are incredibly misinformed.
Fracking did not cause the Oklahoma earthquakes, but deep injecation wells of saline water this is produced from oil wells did. When OK stopped injection wells in certain areas, the earthquakes stopped.
UND is on track to win all four revenue sports in the Big Sky. That hasn't happened before. It does not correlate with oil. We won seven national championships in hockey without the Bakken and only one with it. Some correlation.
The oil price is much to blame for ND budgets shortfalls. Still pump hearty 1 mill barrels a day, but get half the revenue we used to get as the tax is based on price. A smaller part has to do with the number of rigs, as the entire cost of pipe and rig rental is subject to a sales tax. Used to be Williston would generate more sales tax for the state than the Fargo area, which has eight times the population.
People aren't making as much either, so the income taxes are down. We used to be the wealthiest state in the union for a few years.
NDSU was blocking us from the MVFC years ago, and they have been caught and their President has been reprimanded on threat of firing if it didn't change. He led the MVFC to vote us in now, b3cause he wanted to keep his job.