North Dakota Native Americans Hint at Exiting State Oil Tax Deal

A leading official on a Native American reservation where roughly a third of North Dakota's oil is extracted has voiced his strongest threat to date to walk away from a tax-sharing deal with the state, ratcheting up energy industry concerns about dueling levy rates and regulations. If no new agreement can be reached, EOG Resources Inc, Marathon Oil Co and other oil producers on the Fort Berthold Indian Reservation may have to pay two tax rates to two governments and potentially meet two sets of regulations, a complex system that could lead them to exit from operations on tribal land.



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