{"id":249059,"date":"2022-05-25T13:45:48","date_gmt":"2022-05-25T18:45:48","guid":{"rendered":"http:\/\/csinewsnow.com\/?p=249059"},"modified":"2022-05-25T13:45:48","modified_gmt":"2022-05-25T18:45:48","slug":"strong-oil-prices-to-spur-higher-taxes-for-nd-drillers","status":"publish","type":"post","link":"http:\/\/csinewsnow.com\/?p=249059","title":{"rendered":"Strong Oil Prices To Spur Higher Taxes for ND Drillers"},"content":{"rendered":"<p>BISMARCK, N.D. (AP) \u2014 North Dakota&#8217;s tax commissioner says oil producers almost certainly will be paying higher state taxes for at least three months beginning June 1 due to strong oil prices. The increase in state oil tax collections is possible because of a state law that adjusts North Dakota\u2019s oil extraction tax when the three-month average price of a barrel of oil is above a specified \u201ctrigger\u201d price of $94.69 a barrel. WTI crude has been above the price trigger since Feb. 28. Tax Commissioner Brian Kroshus says \u201cit\u2019s essentially a given that the oil extraction tax trigger will go into effect June 1.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BISMARCK, N.D. (AP) \u2014 North Dakota&#8217;s tax commissioner says oil producers almost certainly will be paying higher state taxes for at least three months beginning June 1 due to strong oil prices. The increase in state oil tax collections is possible because of a state law that adjusts North Dakota\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":244891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-249059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/249059","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=249059"}],"version-history":[{"count":1,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/249059\/revisions"}],"predecessor-version":[{"id":249060,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/posts\/249059\/revisions\/249060"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=\/wp\/v2\/media\/244891"}],"wp:attachment":[{"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=249059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=249059"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/csinewsnow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=249059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}