Archive: February, 2013

Letter: Oil tax holiday won’t spur development – Billings Gazette, Feb. 20, 2013

February 20, 2013 Why are Montana Republicans still trying to sell the idea that a tax holiday for oil development will stimulate the industry in Montana? These holidays are largely irrelevant to how an oil play is developed and generally only succeed in stripping revenue from the communities near the development that are trying to provide services. A good example is what's going on with the Bakken play in the Williston Basin. The majority of the Bakken development is in North Dakota...
Categories: LegislatureLettersOil and gas

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Guest opinion: Unleash energy opportunities for Montana – Bozeman Chronicle, Feb. 20, 2013

February 20, 2013  By Conor Darby, Henry Dykema, Jon Foster and Ben Reed, guest columnists Montana is built on the foundations of self-sufficiency, entrepreneurialism and fairness. The Montana legislature has an opportunity at hand to represent these values and build the energy security of this state. Senate Bill 247 sponsored by Sen. Mike Phillips of Bozeman and House Bill 394 carried by Rep. Tom Jacobson from Great Falls, will bring down the costs of locally-controlled renewable energy projects and increase opportunities for Montana...
Categories: Clean EnergyLegislatureMember newsPlains Speaking

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Letter: Oil and gas tax holiday makes no sense – Billings Gazette, Feb. 17, 2013

February 18, 2013 Oil and gas wells are being drilled in Montana. Our standard taxation rates on producing wells are below those found in neighboring oil-producing states: Wyoming, 15.9 percent; North Dakota, 10.6 percent. Montana's standard rate, 7.6 percent. What sense does it make for Montana to continue its oil-and-gas "tax holiday" — on the books now for several years — which taxes production at less than 1 percent for the first 12-18 months of production? It makes no sense. The greatest population...
Categories: Clean EnergyClean WaterClimate changeLegislatureLettersMember newsOil and gas

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Press release: Time to repeal oil and gas tax holiday – Feb. 13, 2013

February 18, 2013
By Northern Plains Resource Council HELENA, Mont. – The message Wednesday at the Montana State Capitol in Helena was that it’s time for oil and gas companies to pay their fair share of taxes instead of getting a free ride on most of their production. At a press conference sponsored by the Northern Plains Resource Council, Senator Christine Kaufmann (D-Helena) outlined her Senate Bill 295, which would repeal the tax-free holiday Montana gives oil and gas companies on the first 12...
Categories: Fossil FuelsLegislatureNorthern Plains Resource CouncilOil and gas

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