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Studies underscore oil and gas industry’s significant impact on North Dakota’s economy, communities
BISMARCK, N.D. – The oil and fuel marketplace in North Dakota continues to be a powerhouse for the state’s overall economy, accounting for additional than $42.6 billion in gross small business volume, nearly 50,000 positions and $3.8 billion in state and neighborhood tax revenues in 2021, according to two experiments highlighted right now by Gov. Doug Burgum, researchers from North Dakota Point out College and sector officers. “The oil and purely natural gasoline marketplace proceeds to be a recreation-changer for North Dakota,” Burgum explained. “Taxes and royalties paid by the marketplace guidance our state’s major investments in infrastructure, schools, communities, tax reduction and the Legacy Fund, between other locations. The…