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ProPublica
@ProPublica@newsie.social  ·  activity timestamp 2 months ago

“You Feel Like You’re Being Cheated”: Oil Companies Unfairly Take Millions, North Dakota Mineral Owners Say
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Oil companies are holding back a large portion of revenue payments to the people they lease drilling rights from, often with little explanation. But the industry has an outsize influence in the state, and public officials have refused to take action.
https://www.propublica.org/article/north-dakota-mineral-owner-royalty-deductions?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post

#News#NorthDakota#Oil#Gas#Law#Energy#USPolitics

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Sex Crazed SaltShaker of Death
@dsmdexter@mastodon.social replied  ·  activity timestamp 2 months ago
@ProPublica
It isn't immigrants stealing from them. It's the ones that tell the cowards that it's the immigrants who are stealing from them. I'm trying, but failing, at feeling any sympathy for them.
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Huntn00
@Huntn00@mastodon.world replied  ·  activity timestamp 2 months ago
@ProPublica Business model: cheat, lie.steel. There’s a minimum 70 year track record there. No surprise whatsoever ever.
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Alan Miller :verified_paw: 🇺🇦
@fencepost@infosec.exchange replied  ·  activity timestamp 2 months ago
@ProPublica hm. Do they get to deduct those deductions as a production cost from their taxes? Seems like they'd qualify as a business expense. Similarly do they also get to deduct them from North Dakota state taxes?
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