From fiscal years 2008 to 2020, tax revenues from the oil and gas industry in North Dakota totaled nearly $22 billion, according to a study conducted for the Western Dakota Energy Association and North Dakota Petroleum Council. Those revenues supported $8.2 billion for local communities and infrastructure, over $1.59 billion for K-12 education, $1.26 billion for water and flood control projects, $878.7 million for local transportation projects, $440.2 million for property tax relief and $28.8 million for outdoor heritage projects across the state.
Taxes from North Dakota’s Oil and Natural Gas Benefits Every County in ND
From fiscal years 2008 to 2020, tax revenues from the oil and gas industry in North Dakota totaled nearly $22 billion, according to a study conducted for the Western Dakota Energy Association and North Dakota Petroleum Council. Those revenues supported $8.2 billion for local communities and infrastructure, over $1.59 billion for K-12 education, $1.26 billion for water and flood control projects, $878.7 million for local transportation projects, $440.2 million for property tax relief and $28.8 million for outdoor heritage projects across the state.
Revenues are used to fund these and other projects in every North Dakota county, as shown in the report available here.