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Message: <blockquote data-quote="eyexer" data-source="post: 303604" data-attributes="member: 315">It’s basically bottomed out and will probably remain at this level for the foreseeable future.  Even if oil suddenly jumps up nobody will drill anything during this fiscal year anyway.  Contract labor is basically extinct now. Very few left.  We call roustabouts only as a last resort.  We’ve been doing all repairs ourselves essentially.  There’s just really not a lot happening considering it’s summer.  It’s usually a mad house now.  We’re just biding our time.  Absolutely nothing will happen anyway until after the election.   And if trump gets beat somehow I think any new activity in the Bakken is done.  It’s essentially on life support now.  And then to add insult to injury due to the low oil prices, inactivity in the patch and Covid shit the states purse strings will be completely closed this coming session.   Wouldn’t surprise me a bit of the city of Williston ends up in bankruptcy.  They’re 280 million in debt with nothing coming in.  The state has promised them all this money for years and never delivers.  They’ve had to put in hoards of infrastructure so the state could reap the benefits.  If that happens your gonna see some initiated measures that will allow cities like Williston and counties to tax oil companies directly for various things.  The counties should have been allowed to tax so much per well to help recoup infrastructure costs since the state won’t share any of it.  What really needs to happen is a measure to force the state to send back 1/2 of oil taxes collected to oil producing counties for the next twenty years or so.  Something has to be done in the way of revenue sharing.  I kind of got of subject there but it’s all tied together.  Many don’t understand the long term damage this is going to cost western ND.  The state can just wash their hands of it- - - Updated - - -It’s basically bottomed out and will probably remain at this level for the foreseeable future.  Even if oil suddenly jumps up nobody will drill anything during this fiscal year anyway.  Contract labor is basically extinct now. Very few left.  We call roustabouts only as a last resort.  We’ve been doing all repairs ourselves essentially.  There’s just really not a lot happening considering it’s summer.  It’s usually a mad house now.  We’re just biding our time.  Absolutely nothing will happen anyway until after the election.   And if trump gets beat somehow I think any new activity in the Bakken is done.  It’s essentially on life support now.  And then to add insult to injury due to the low oil prices, inactivity in the patch and Covid shit the states purse strings will be completely closed this coming session.   Wouldn’t surprise me a bit of the city of Williston ends up in bankruptcy.  They’re 280 million in debt with nothing coming in.  The state has promised them all this money for years and never delivers.  They’ve had to put in hoards of infrastructure so the state could reap the benefits.  If that happens your gonna see some initiated measures that will allow cities like Williston and counties to tax oil companies directly for various things.  The counties should have been allowed to tax so much per well to help recoup infrastructure costs since the state won’t share any of it.  What really needs to happen is a measure to force the state to send back 1/2 of oil taxes collected to oil producing counties for the next twenty years or so.  Something has to be done in the way of revenue sharing.  I kind of got of subject there but it’s all tied together.  Many don’t understand the long term damage this is going to cost western ND.  The state can just wash their hands of it</blockquote>

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