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Black Gold Rush

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Few states were more successful in resisting the onslaught of the Great Recession than North Dakota. As most of the nation quickly plunged into economic deprivation at the end of 2008, North Dakota’s fortunes soared and never looked back. All of that may be about to change, seismically, for the better.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. The key to that positive change resides in the same place in California it did in North Dakota—buried more than a mile underground in the middle of a huge shale deposit.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. For credits earned for North Slope capital expenditures under AS 43.55.023 (a), no more than half the credit may be applied in a single calendar year. Arizona Innovation Accelerator Fund: $18.2

Income 108
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STATE INCENTIVES GUIDE

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The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program ends December 2016.

Income 75