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Natural gas production in NorthDakota has more than doubled since 2005, largely due to associated natural gas from the growing oil production in the Bakken shale formation. NorthDakota gas production: marketed, not marketed, and percentage not marketed. Source: EIA. Click to enlarge. (It
US Senators Chuck Grassley (R-Iowa) and Kent Conrad (D-NorthDakota) introduced a bill—the Domestic Energy Promotion Act of 2011— that would extend, through 2016, at descending levels, the volumetric ethanol excise tax credit, or VEETC, which is also known as the blenders’ credit.
million in direct economic impact, including $12 million in new tax revenue, over the first 20 years of operations. Jack Trullinger, the mayor of New Underwood, said that “the predicted tax revenue along with the generous charitable contribution to the school district is a very welcome bonus.”
In addition, EVs have far lower maintenance costs and incentive programs via tax credits, meaning that they are even less expensive to own in the long run. There’s no oil to change, no filters to replace, and no spark plugs or wires to worry about. This is because EVs have far lower maintenance costs than ICE cars.
Incremental well-to-wheels GHG emissions from WCSB Oil Sands Crudes Compared to Well-to-Wheels GHG Emissions from Displacing Reference Crudes Click to enlarge. Domestic production of crude oil has increased significantly, from approximately 5.5 million bpd in 2010 to 6.5 million bpd in 2012 and 7.5 million bpd by mid-2013. million bpd.
We need to utilize everything in out power to reduce our dependence on foreign oil including using our own natural resources. Create cheap clean energy, new badly needed green jobs, and reduce our dependence on foreign oil. Where did you pull up that "wind potential of NorthDakota" BS from? Look at the T.
Elections have consequences, and the election of Donald Trump back to the White House might mean the $7,500 electric-vehicle tax credit is doomed. According to Reuters , the Trump team wants to kill the credit as a part of broader tax-reform legislation. NorthDakota is the third-largest oil-producing state in the U.S.
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