Newell Richard G., Raimi Daniel

Rubrique:
Economie et politique de l’énergie
Parution:
October 2015
Titre Ouvrage:
Oil and Gas Revenue Allocation to Local Governments in Eight States
Édition:
NBER Working Paper No. 21615
Pages:
69 p.

This report examines how oil and gas production generates revenue for local governments in eight states through four key mechanisms: (i) state taxes or fees on oil and gas production; (ii) local property taxes on oil and gas property; (iii) leasing of state-owned land; and (iv) leasing of federally-owned land ;  as of 2014, revenues fall short of the costs imposed on local governments in some highly rural regions experiencing rapid, large-scale development, notably the Bakken region of North Dakota and Montana, select counties in Texas, and select local governments in Colorado and Wyoming. Collaboration between industry and local governments, especially on road repairs, could reduce public costs.

Available at: http://energy.duke.edu/sites/default/files/attachments/Oil%20Gas%20Revenue%20Allocation%20to%20Local%20Government%20FINAL.pdf