Tue, Nov 30th, 2021 - 6:40am
May 27, 2022 - 7:08am | By Kyle Cornell
(Bismarck, ND) -- North Dakota oil producers are facing the possibility of higher tax rates.
A trigger law passed in 2015 increases the tax rate to eleven-percent if oil prices remain over 95-dollars a barrel for three consecutive months.
If current indicators continue, the trigger will go into effect June 1st and last until at least September 1st.
