A redirection of taxpayer money in North Dakota may fund new #fracking sites, rather than cleaning up old ones.
The Dakota Resource Council and North Dakotans for Public Integrity sent a letter Tuesday to both the state Industrial Commission and the Emergency Commission regarding the use of $16 million in CARES Act funds for the program. They allege the state is violating the North Dakota Constitution’s “anti-gift” clause by giving the money to oil companies.
North Dakota regulator sees Bakken shale growth stalled until 2022
Growth in demand is only expected to resume from late-2021 at the earliest, Helms said. On top of an improvement in consumption, growth in shale depends on investments to replace wells that decline rapidly.