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34 million-OIL Money

by , Posted to on 09/12/2011 9:39 PM | "Quote" | "Quick Reply" |

Joined: 07/12/2003
Location: ND
Yeahi know  bad roads,bad people,lots of traffic,high rent!! Is it worth it???Oil Legacy fund!North dakota voters approved a constitutional amendment to create the fund.It gets 30% in the states taxes in oil production and extraction,starting last july.The legislature cant spend the money until june 2017 and after that it will take two-thirds vote to do any spending!!The fund will be getting monthy deposits!!Ok bring it on!!
Re: 34 million-OIL Money
by on 09/12/2011 9:49 PM | Reply #1 | "Quote" | "Quick Reply" |

Joined: 02/28/2007
Location: ND
not sure what your asking or getting at.  but if your saying we should be spending this money on roads I think there is plenty of money available for roads.  there's a billion dollar surplus with tons of new cash coming in monthly from oil taxes and royalties.  It's an insane amount.  But they can't get their crap together to even spend it.  In all honesty there really isn't any more road construction going on in western ND than there normally is in the summer months.  There's some different types of construction like putting passing lanes in, etc. But volume wise there really isn't much if any more.  There should be so damn much construction going on right now it should be driving us nuts.  But it's basically a non issue.  I can't fathom what the hell is going on.  The governor better get his head out of his azz or he'll never win re-election.  This is free money the state is getting.  And it's coming in like a tidal wave.  But they can't make up their damn mind how they want to spend it.  It's like a wife in the dress shop. 
Re: 34 million-OIL Money
by on 09/12/2011 9:51 PM | Reply #2 | "Quote" | "Quick Reply" |

Joined: 02/02/2009
Location: ND
Two women, a 5 year old and 2 year old were killed south of mandaree on 22 a few days ago cause an oil truck crossed the center line........I was thinking today, is all the deaths we've had in this state since the oilfield has been booming really worth that many lives? Not if you ask me
Re: 34 million-OIL Money
by on 09/12/2011 9:53 PM | Reply #3 | "Quote" | "Quick Reply" |

Joined: 09/11/2002
Location: ND
Thats nice.  I know of some infrastructure that needs built/repaired out here in the next 6 years.  I'm glad to know the Eastern half of the state will have some money for a rainy day....literally.  Won't be hard to get the 2/3 vote when some "natural disaster" flooding hits again every year.

  This sounds to me like the tactic of a 10 year old, not a wise adult.  Western ND's economy is about the only shining star in the whole damn country, and our state isn't willing to invest this "gravy" money back into the communities it came from?  I don't like it one bit.  An adult would recognize the investment opportunity and jump on it.

I say to hell with that pot o' gold.

Re: 34 million-OIL Money
by on 09/12/2011 9:59 PM | Reply #4 | "Quote" | "Quick Reply" |

Joined: 07/12/2003
Location: ND
Man stabbed to death in torso in fargo,the two men knew each other!!Plus lotsof other crap goes on out east,but nobody posts it on FBO,Wonder why??
Re: 34 million-OIL Money
by on 09/12/2011 10:05 PM | Reply #5 | "Quote" | "Quick Reply" |

Joined: 07/12/2003
Location: ND
http://www.inforum.com/  All kinds of crap going on out east,read the paper!No oilfield,HMMMM
Re: 34 million-OIL Money
by on 09/12/2011 10:22 PM | Reply #6 | "Quote" | "Quick Reply" |

Joined: 02/28/2007
Location: ND
ggenthusiast Said:
Thats nice.  I know of some infrastructure that needs built/repaired out here in the next 6 years.  I'm glad to know the Eastern half of the state will have some money for a rainy day....literally.  Won't be hard to get the 2/3 vote when some "natural disaster" flooding hits again every year.

  This sounds to me like the tactic of a 10 year old, not a wise adult.  Western ND's economy is about the only shining star in the whole damn country, and our state isn't willing to invest this "gravy" money back into the communities it came from?  I don't like it one bit.  An adult would recognize the investment opportunity and jump on it.

And were not asking them to invest money from what is really the general fund which are funds from taxpayers income tax.  were just asking them to reinvest the money they are getting for nothing.  This damn thing has been going for six years already.  The past three have been exploding.  There isn't a damn thing done yet.  I realize it takes a while to put this stuff in place, but three years, really?  We need to start firing some people and put some people in there that can get the job done.  it's azzinine.  They're still scratching their nuts over highway 22 north of Killdeer.  shut down one of the major arteries in the whole western half of the state.  no way in hell that would happen out east.  you drive to fargo and it frickin looks like a mini california with the highway structures out there.  it's absurd. 
Re: 34 million-OIL Money
by on 09/12/2011 10:53 PM | Reply #7 | "Quote" | "Quick Reply" |

Joined: 11/06/2002
Location: ND
To put this as bluntly as possible, it all revolves around who you elect at the local level on up. Many of the county officials have no clue, and as a result do not communicate what is needed. I see it on the east side of the state as well. Your local officials are not bending the ear of the elected Rep and Sen in the proper manner. They have no idea of the cost of road repairs through out the county. They all sit around and only do what they get money from FEMA from.

So yes there is a surplus of money in the state coffers, yes it is coming in from the oil boom. Yes more should be done, but I wonder how many who complain have actually sat down with a county commissioner and asked them if they know what the actual need in their county is? My guess is ZERO!
In my lifetime I have seen fence row to fence row farming and the return of CRP and game to the landscape.Now we face again the prosepect of fence row to fence row again! Sportsman are our own worst enemy in that we fail to look forward and focus to much on the now!
Re: 34 million-OIL Money
by on 09/13/2011 01:25 AM | Reply #8 | "Quote" | "Quick Reply" |

Joined: 07/11/2006
Location: ND
cimbo Said:
Two women, a 5 year old and 2 year old were killed south of mandaree on 22 a few days ago cause an oil truck crossed the center line........I was thinking today, is all the deaths we've had in this state since the oilfield has been booming really worth that many lives? Not if you ask me

Stop using a gas vehicle then.......or you must have a Chevy Cruze......doubt it
Better yet lets ban all trucks in ND so no one can die from accidents with trucks
Your statement is very narrowminded!
-Team Flightstoppers ND
Re: 34 million-OIL Money
by on 09/13/2011 03:30 AM | Reply #9 | "Quote" | "Quick Reply" |

Joined: 04/22/2009
Location: MT
Pretty sure the chances of any oil producing county seeing any of that money ever again are close to zero. Will they need it for a long long time probably not but this rainy day fund has been shipped out, might as well chalk it up to charity.

I dont go around guessing cup sizes either I just know a nice rack when I see one.

Re: 34 million-OIL Money
by on 09/13/2011 09:58 AM | Reply #10 | "Quote" | "Quick Reply" |

Joined: 02/18/2004
Location: ND
eyexer Said:
  This is free money the state is getting.  And it's coming in like a tidal wave.  But they can't make up their damn mind how they want to spend it.  It's like a wife in the dress shop

Ha Ha right on
 

If we're not supposed to eat animals, how come they're made out of meat?

Re: 34 million-OIL Money
by on 09/13/2011 12:24 PM | Reply #11 | "Quote" | "Quick Reply" |

Joined: 02/28/2007
Location: ND
Hardwaterman Said:
To put this as bluntly as possible, it all revolves around who you elect at the local level on up. Many of the county officials have no clue, and as a result do not communicate what is needed. I see it on the east side of the state as well. Your local officials are not bending the ear of the elected Rep and Sen in the proper manner. They have no idea of the cost of road repairs through out the county. They all sit around and only do what they get money from FEMA from.

So yes there is a surplus of money in the state coffers, yes it is coming in from the oil boom. Yes more should be done, but I wonder how many who complain have actually sat down with a county commissioner and asked them if they know what the actual need in their county is? My guess is ZERO!

they're no where to be found they're hiding under their desks.  There is also a huge imbalance of power due to the lack of population out west. so most of the money keeps going east.  and that's not going to change anytime soon since none of these new jobs out west is actually being filled with individuals that are from ND or are willing to become ND residents and the state isn't forcing them to.
Re: 34 million-OIL Money
by on 09/13/2011 1:07 PM | Reply #12 | "Quote" | "Quick Reply" |

Joined: 01/05/2010
Location: nd
murdock1978 Said:
http://www.inforum.com/  All kinds of crap going on out east,read the paper!No oilfield,HMMMM
Fargo has 105,000 people.

 
Re: 34 million-OIL Money
by on 09/13/2011 1:28 PM | Reply #13 | "Quote" | "Quick Reply" |

Joined: 02/18/2004
Location: ND
BringingTheRain Said:
murdock1978 Said:
http://www.inforum.com/  All kinds of crap going on out east,read the paper!No oilfield,HMMMM
Fargo has 105,000 people.


and a few that hunt and fish
 

If we're not supposed to eat animals, how come they're made out of meat?

Re: 34 million-OIL Money
by on 09/13/2011 1:38 PM | Reply #14 | "Quote" | "Quick Reply" |

Joined: 01/15/2008
Location: ND
Personally as someone who works with counties on repairing and rebuilding there roads in the western and northern part of the state, we are starting to see some extra funding from the state level for road repair. I think you will see alot more upgrading of roads that are still holding together rather than rebuilding the ones that are pretty much impassable. I think these roads will all get repaired once the drilling, fracing and pipelines are complete, but we got to be patient.

There was a meeting this spring in Mountrail County where all oil producing counties got together and talked about roads and funding needed. Then a selection comittee made up of representatives from each county selected the projects that would recieve this years funding of $120 million or so (I cant remember the exact total). So the money is coming and is being put into use.

One big problem we have this year is the current lack of contractors. Several counties have attempted to bid projects this summer with no bidders submitting bids due to everyone being behind with cuurent project due to the spring flooding. 

Also I can relate to state spending in other ways related to the oilfields, recently the Fire Dept I'm on recieved $20,000 from oil impact for training and equipment....this is by far the largest amount we have ever recieved and its all due to the additonal funding.

Re: 34 million-OIL Money
by on 09/13/2011 1:47 PM | Reply #15 | "Quote" | "Quick Reply" |

Joined: 02/02/2009
Location: ND
fear_no_fish Said:
cimbo Said:
Two women, a 5 year old and 2 year old were killed south of mandaree on 22 a few days ago cause an oil truck crossed the center line........I was thinking today, is all the deaths we've had in this state since the oilfield has been booming really worth that many lives? Not if you ask me

Stop using a gas vehicle then.......or you must have a Chevy Cruze......doubt it
Better yet lets ban all trucks in ND so no one can die from accidents with trucks
Your statement is very narrowminded!
Sorry i guess i wasn't aware the ND is the only state that produces oil in the country, i guess it must be though cause gas 3.99 a gallon, Funny thing is you might have a different opinion if it woulda been your mother or child that gets killed by erradic drivers.

Re: 34 million-OIL Money
by on 09/13/2011 4:49 PM | Reply #16 | "Quote" | "Quick Reply" |

Joined: 02/28/2007
Location: ND
shortcreekfisherman Said:
Personally as someone who works with counties on repairing and rebuilding there roads in the western and northern part of the state, we are starting to see some extra funding from the state level for road repair. I think you will see alot more upgrading of roads that are still holding together rather than rebuilding the ones that are pretty much impassable. I think these roads will all get repaired once the drilling, fracing and pipelines are complete, but we got to be patient.

There was a meeting this spring in Mountrail County where all oil producing counties got together and talked about roads and funding needed. Then a selection comittee made up of representatives from each county selected the projects that would recieve this years funding of $120 million or so (I cant remember the exact total). So the money is coming and is being put into use.

One big problem we have this year is the current lack of contractors. Several counties have attempted to bid projects this summer with no bidders submitting bids due to everyone being behind with cuurent project due to the spring flooding. 

Also I can relate to state spending in other ways related to the oilfields, recently the Fire Dept I'm on recieved $20,000 from oil impact for training and equipment....this is by far the largest amount we have ever recieved and its all due to the additonal funding.



you do realize the drilling and fracing is going to go on for years right?  And the pipeline building for many years after that.  are you guys happy with 120 million or could you use another 500 million?  If your happy with 120 million (considering all the BS with matching involved) your out of your minds.  The legislature meets every other year.  You better get the ball rolling now. 
Re: 34 million-OIL Money
by on 09/13/2011 5:02 PM | Reply #17 | "Quote" | "Quick Reply" |

Joined: 01/15/2008
Location: ND

This is just the first year of the 700 or so million the state plans to put into counties for roads for the next five or so years. Money for 2012 has already been appopriated aroud the $150 million. So the ball is rolling and will continue to roll.  There is no match to this money this is 100% county money....no 80-20 split. This is in addition to any SC funding the county will recieve.

We do realize that its going to be around for years, but moving into other areas. Month to month this year traffic counts were around 500 trucks a day south of palermo, this year we are down to around 300. So the truck traffic is declining on some of these rural roads.....for now, perhaps if they move back and start drilling out the remaining spacing/three forks it will pick up again but its been alot easier dodging trucks this year that last!

Re: 34 million-OIL Money
by on 09/13/2011 5:26 PM | Reply #18 | "Quote" | "Quick Reply" |

Joined: 02/28/2007
Location: ND
shortcreekfisherman Said:

This is just the first year of the 700 or so million the state plans to put into counties for roads for the next five or so years. Money for 2012 has already been appopriated aroud the $150 million. So the ball is rolling and will continue to roll.  There is no match to this money this is 100% county money....no 80-20 split. This is in addition to any SC funding the county will recieve.

We do realize that its going to be around for years, but moving into other areas. Month to month this year traffic counts were around 500 trucks a day south of palermo, this year we are down to around 300. So the truck traffic is declining on some of these rural roads.....for now, perhaps if they move back and start drilling out the remaining spacing/three forks it will pick up again but its been alot easier dodging trucks this year that last!

that area is one of the oldest areas and most pipelined areas in the reserve.  so the numbers will be down there.  with only seven months of real road building season here there needs to be an all out assault.  not a half ass attempt at it.  the tax payers in this state aren't going to put up with it for much longer.  the craps about to hit the fan.  there will be alot of new faces in the williams county commision next election I'm sure. 

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Posted On: 09/12/2011 9:39 PM
1405 Views, 18 Comments

Tags: money, million-oil, oil, fund, legacy, north, yeahi, roads, people, traffic
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