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(Inforum)   North Dakota wants to use $16 million in coronavirus funding to help tiny, struggling mom-and-pop oil companies do more fracking   (inforum.com) divider line
    More: Asinine  
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2159 clicks; posted to Main » and Politics » on 25 Oct 2020 at 8:41 PM (5 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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2020-10-25 5:09:21 PM  
It's not like their hospitals are full, or that Fargo only has 1 open ICU bed.
 
2020-10-25 6:02:13 PM  
i.gifer.comView Full Size
 
2020-10-25 6:14:40 PM  
Say, Lou, didya hear the one about the guy who couldn't afford personalized plates, so he went and changed his name to J3L2404?
 
2020-10-25 6:15:00 PM  
Too many of these uneconomic wells. Too many rigs. Too much excess production to even process and deliver to market.

So socialist North Dakota is going to keep them afloat for another quarter.

There's Cowboy Free Markets for ya.
 
2020-10-25 6:20:17 PM  
Fark user imageView Full Size
 
2020-10-25 8:49:45 PM  
Oh More proof that all that hand wringing over "soshulisms" is pure bullshiat.
 
2020-10-25 8:49:53 PM  
Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?
 
2020-10-25 8:50:05 PM  
Makes sense to me.  How else are government officials going to get our money back?   Survivors surely don't pay out as much as a productive hole in the ground.
 
2020-10-25 8:52:27 PM  
I wonder how quickly they will rip through all the recoverable oil and gas and then have to try to go back to farming with destroyed water tables.
 
2020-10-25 8:55:31 PM  

2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?


Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.
 
2020-10-25 8:56:37 PM  
...good thing trump doesn't want to give money to blue states!  Damn those people who would use the money to survive!!
 
2020-10-25 8:57:43 PM  

wejash: Too many of these uneconomic wells. Too many rigs. Too much excess production to even process and deliver to market.

So socialist North Dakota is going to keep them afloat for another quarter.

There's Cowboy Free Markets for ya.


Not excusing it (EVER) but it's not out of line with the state's historical precedent, and it was something I've been specifically hating for about a week since the news dropped. N.D. is among the top receivers of federal emergency funding for agriculture (droughts, blizzards, floods), and it's been erring on the side of the coal industry in Mercer, McLean and Oliver counties forever. When Kevin Cramer (garbage be upon him) ran a senate race, he picked Harold Hamm to be his finance chair.

There have been locals other than me (and much better placed) who've tried to antagonize against the $16 million oil giveaway. Not sure if it will work.
 
2020-10-25 8:59:30 PM  

2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?


There have been communications sent to the governor, the legislature (currently out of session) and letters to the editor printed about how farked up the CARES giveaway is. We could be increasing the contact tracing teams AND giving masks to everyone in the state for that money. But nope, Oil!
 
2020-10-25 9:01:29 PM  
Embezzle and steal from the needy to fund the rich. It's the Conservative Christian Way

Praise Jeebuz
 
2020-10-25 9:05:36 PM  
At $16M Devin Nunes could run Pineapple Farm there.
 
2020-10-25 9:08:02 PM  
Until the pandemic is under control and people start traveling more, fracking is a non-starter.
People haven't burned off enough of the oil that's already out of the ground for it to make economic sense to drill for more.
 
2020-10-25 9:08:28 PM  
This is capitalism. The government exists only to help private enterprises maximize wealth.
 
rka
2020-10-25 9:09:48 PM  

wejash: So socialist North Dakota is going to keep them afloat for another quarter.


ND has been one of the more socialist states since...forever.

I got my student loans for college through the State owned Bank of ND and while I was in school I'd drive past the State owned Mill. The nation's largest flour mill as well as being the nation's only state own flour mill.

Not exactly a foreign concept if people really take a look at what's around them. (Which they don't of course.)
 
2020-10-25 9:10:26 PM  
Meanwhile, families on food stamps are put through an embarrassing amount of scrutiny because they may try to cheat the system by purchasing sharp cheddar instead of mild.
 
2020-10-25 9:11:09 PM  

noitsnot: I wonder how quickly they will rip through all the recoverable oil and gas and then have to try to go back to farming with destroyed water tables.


Pffft, Water, what did water ever do for us? You can't run your car on water. People drown in it. It wrecks homes when it floods.

I say we get rid of it and replace it with natural, useful oil.
 
2020-10-25 9:12:57 PM  
 
2020-10-25 9:15:10 PM  
Fark user imageView Full Size
 
2020-10-25 9:15:58 PM  

aleister_greynight: It's not like their hospitals are full, or that Fargo only has 1 open ICU bed.


Aaaaaand.... it's gone.
 
2020-10-25 9:18:02 PM  

aleister_greynight: It's not like their hospitals are full, or that Fargo only has 1 open ICU bed.


LIES! FAKE NEWS! Corona is completely under control in ND. The corner has been rounded.

Fark user imageView Full Size
 
2020-10-25 9:18:48 PM  

GhostOfSavageHenry: Oh More proof that all that hand wringing over "soshulisms" is pure bullshiat.


The government should not pick winners and losers, when they are asked to support clean energy. Does not apply when fossil fuel companies have their tin cup out.
 
2020-10-25 9:19:58 PM  

wejash: Too many of these uneconomic wells. Too many rigs. Too much excess production to even process and deliver to market.

So socialist North Dakota is going to keep them afloat for another quarter.

There's Cowboy Free Markets for ya.


But it's all they have! They didn't bother making their economy viable in any other way.
 
2020-10-25 9:20:43 PM  

WastrelWay: 2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?

Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.


You might be surprised that this is how any large organization works, including corporations.
 
2020-10-25 9:28:46 PM  
In the interior of BC I've heard the term the Kelownavirus
 
2020-10-25 9:31:29 PM  

WastrelWay: 2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?

Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.


I've worked in private industry for over 20 years and I have some news for you: It's the same!
 
2020-10-25 9:33:12 PM  
You could say they're...
<puts on sunglasses>
Too big to Shale
 
2020-10-25 9:35:59 PM  

Scorpitron is reduced to a thin red paste: WastrelWay: 2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?

Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.

You might be surprised that this is how any large organization works, including corporations.


Every large corporation works that way. "End of the fiscal year is coming up, and we still have money in the budget. I need everyone's capital equipment wish list by COB today". If they don't spend it all, the bean counters cut their budget for next year. If they thought ahead, and put the savings by not spending on things they don't really need into a spreadsheet, and give that to management as a "cost saving measure", they would probably get a bonus.
 
2020-10-25 9:59:25 PM  

Al Tsheimers: Scorpitron is reduced to a thin red paste: WastrelWay: 2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?

Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.

You might be surprised that this is how any large organization works, including corporations.

Every large corporation works that way. "End of the fiscal year is coming up, and we still have money in the budget. I need everyone's capital equipment wish list by COB today". If they don't spend it all, the bean counters cut their budget for next year. If they thought ahead, and put the savings by not spending on things they don't really need into a spreadsheet, and give that to management as a "cost saving measure", they would probably get a bonus.


I know, that's what I'm saying. But for some reason only governmental divisions are attacked for doing this. I've worked for a major corporation and the amount of grabassery and waste was astronomical.
 
2020-10-25 9:59:32 PM  
They must have some reason for wanting to prop up the industry that covers @53% of the state's budget. What could it be?

ND, with 760k people, has an annual state budget of $8 billion

MT, with 1.1million people and twice the square miles, only spends $6 billion

Politicians in ND are terrified that citizens are going to find out they have to cough up double the taxes (we all know government isn't about to get any smaller) to support the jobs program that state government has become.

I've lived in both, and the citizens of MT aren't getting any less value from their state government. What do ND citizens get from the extra $2 billion? Tons of good government jobs with pensions. That's all I can figure
 
2020-10-25 10:01:20 PM  
Fark user imageView Full Size
 
2020-10-25 10:06:41 PM  

wejash: Too many of these uneconomic wells. Too many rigs. Too much excess production to even process and deliver to market.

So socialist North Dakota is going to keep them afloat for another quarter.

There's Cowboy Free Markets for ya.


I read that in Lord Humungus's voice.

/Just walk away
 
2020-10-25 10:08:15 PM  

Scorpitron is reduced to a thin red paste: Al Tsheimers: Scorpitron is reduced to a thin red paste: WastrelWay: 2fardownthread: Well, they have to spend it on something, and it is not like there are a whole bunch of people to spend it on. And a GOP administration is not going to spend it on sick people. So.... They will just squander it as free money.

Sure it is asinine. But isn't it obvious?

Yes, it is.  Give money to a government and they will spend it. I worked in state government for years, and you had to spend every penny in the agency's budget, because if you didn't, the agency couldn't ask for more.

You might be surprised that this is how any large organization works, including corporations.

Every large corporation works that way. "End of the fiscal year is coming up, and we still have money in the budget. I need everyone's capital equipment wish list by COB today". If they don't spend it all, the bean counters cut their budget for next year. If they thought ahead, and put the savings by not spending on things they don't really need into a spreadsheet, and give that to management as a "cost saving measure", they would probably get a bonus.

I know, that's what I'm saying. But for some reason only governmental divisions are attacked for doing this. I've worked for a major corporation and the amount of grabassery and waste was astronomical.


I agree. I have several close friends that have worked careers in federal, state, and local government. I worked in a private corporation for 43 years. The war stories are all similar. I have to admit they got comparable wages, and WAY better pension and health care, so I guess I was the dummy on those points. I however, got to call out a dunce when I saw one, and didn't have to worry about losing my job. I was not easily replaced. Everyone has different priorities.
 
2020-10-25 10:52:12 PM  
Oh Frak!

Due to my dyslexic delusions I thought Drew was drowning in the dollars...

Didn't some dude kill himself cuz his fracking operation went tits up.
even old bidens a Crock-Pot for throwing any concept that far-racking is a thing that should continue.
 
2020-10-25 10:57:35 PM  

stoli n coke: Until the pandemic is under control and people start traveling more, fracking is a non-starter.
People haven't burned off enough of the oil that's already out of the ground for it to make economic sense to drill for more.


I drove to Flagstaff today and on I-40, regular unleaded was $1.93 a gallon. That's the cheapest I've seen it since I was in college in the 90s.
 
2020-10-25 11:13:25 PM  
frac'ing is expensive . . . $16 mil would be enough to frac about two-and-a-half wells.
Better to put is somewhere where $16 mill actually means something . . . like food or medicine.
 
2020-10-25 11:37:06 PM  

farkstorm: frac'ing is expensive . . . $16 mil would be enough to frac about two-and-a-half wells.
Better to put is somewhere where $16 mill actually means something . . . like food or medicine.


There's no profit in that
 
2020-10-25 11:38:15 PM  
The god damn state Bank returned 90 million? How about forgiving my student loans farkers
 
2020-10-25 11:40:20 PM  

Schlubbe: They must have some reason for wanting to prop up the industry that covers @53% of the state's budget. What could it be?

ND, with 760k people, has an annual state budget of $8 billion

MT, with 1.1million people and twice the square miles, only spends $6 billion

Politicians in ND are terrified that citizens are going to find out they have to cough up double the taxes (we all know government isn't about to get any smaller) to support the jobs program that state government has become.

I've lived in both, and the citizens of MT aren't getting any less value from their state government. What do ND citizens get from the extra $2 billion? Tons of good government jobs with pensions. That's all I can figure


Lmao North Dakota state jobs pay complete dogshiat so I don't know what you're talking about.
 
2020-10-26 12:03:30 AM  

HawkEyes: Meanwhile, families on food stamps are put through an embarrassing amount of scrutiny because they may try to cheat the system by purchasing sharp cheddar instead of mild.


Fark user imageView Full Size


This, so farking much this!

Folks who get food stamps, spend food stamps. They buy food. Some trade them for money, but whether its for cigarettes, or a drug dealer buying baking soda, it's still going back into the farking economy.

Give a rich man $100 bucks, that's lunch and a couple of margaritas. Give a poor young mother $10, it's going on farking diapers. But sure, let's farking equivocate.

Jesus Christ y'all, the only way we'll get back to "normal" is if you give the poor and middle class money to pay their bills and buy food. I promise you, this economy will go nowhere until we farking do. it's ridiculous how many people are homeless right now. America has become a farking joke.

We are a wealthy country. We can handle this. Get Mitch and Trump out. Get them right the fark out, and take back the goddamned Senate.

And as far as that nightmare religious fundie Amy Conan Barrett? I want that biatch to regret the farking day she ever got her SCOTUS title. fark that miserable, privileged biatch. I hope she has nightmares. May she dream every night of poor, desperate mothers trying to feed their unwanted kids.
 
2020-10-26 12:09:36 AM  

Goodpancakes: Schlubbe: They must have some reason for wanting to prop up the industry that covers @53% of the state's budget. What could it be?

ND, with 760k people, has an annual state budget of $8 billion

MT, with 1.1million people and twice the square miles, only spends $6 billion

Politicians in ND are terrified that citizens are going to find out they have to cough up double the taxes (we all know government isn't about to get any smaller) to support the jobs program that state government has become.

I've lived in both, and the citizens of MT aren't getting any less value from their state government. What do ND citizens get from the extra $2 billion? Tons of good government jobs with pensions. That's all I can figure

Lmao North Dakota state jobs pay complete dogshiat so I don't know what you're talking about.


OK, then where does the extra $2 billion go? Montana's roads are as good or better, their cops are better, even their capitol is better. They don't even have a sales tax, while ND takes 7% off the top. Maybe ND state jobs don't pay for shiat, but there sure are a lot of people around here that hang on to their gubmint jobs like grim death.
 
2020-10-26 1:16:33 AM  

monsatano: [i.gifer.com image 500x200]


Lunch With Daniel Day-Lewis | Kevin James
Youtube 5kazTzxaBPA
 
2020-10-26 1:17:43 AM  
The wealthy are already making less wealth than they were.
Do you want them to make even less wealth?
 
2020-10-26 2:24:15 AM  
If I lived in the state I'd have a major problem with this and would be convincing anyone who would listen they should be out of office.

Yes, I do this for democrats that mismanage money in their own interests too.

But we all know they'll just say "but through magic, it'll help you."  They'll buy it and not question any further, because we all know the right loves calling everyone else sheep but won't question a thing their representatives do and will go out of their way to defend said actions with whatever talking point they were fed.

Its their nature.  Bahhh
 
2020-10-26 7:55:14 AM  
This is why we need to bring back public crucifixions
 
2020-10-26 8:28:23 AM  

Goodpancakes: Schlubbe: They must have some reason for wanting to prop up the industry that covers @53% of the state's budget. What could it be?

ND, with 760k people, has an annual state budget of $8 billion

MT, with 1.1million people and twice the square miles, only spends $6 billion

Politicians in ND are terrified that citizens are going to find out they have to cough up double the taxes (we all know government isn't about to get any smaller) to support the jobs program that state government has become.

I've lived in both, and the citizens of MT aren't getting any less value from their state government. What do ND citizens get from the extra $2 billion? Tons of good government jobs with pensions. That's all I can figure

Lmao North Dakota state jobs pay complete dogshiat so I don't know what you're talking about.



Well, that's ND. Where I live, and I have friends that work in federal, state, and city jobs, they get paid better than in the private sector, for comparable job skills. People here work shiat jobs, waiting to get hired for "government" jobs, where they get livable wages, pensions, and decent health care.
 
2020-10-26 9:58:26 AM  

dkulprit: If I lived in the state I'd have a major problem with this and would be convincing anyone who would listen they should be out of office.

Yes, I do this for democrats that mismanage money in their own interests too.

But we all know they'll just say "but through magic, it'll help you."  They'll buy it and not question any further, because we all know the right loves calling everyone else sheep but won't question a thing their representatives do and will go out of their way to defend said actions with whatever talking point they were fed.

Its their nature.  Bahhh


If burgum wins by less than 60-40 I'll be shocked. I wrote him an email asking him who he was afraid of (in regards to not issuing a mask mandate) in an election where he's running against a nobody from killdeer that I had never heard of until I got my mail ballot and looked her up after voting for her. Killdeer ffs. I had to paint a lot of highways up there in the early aughts and aside from some nice badlands action there is absolutely nothing that I can remember.

Burgum could walk up and down Broadway here in Fargo from now until election day with his balls hanging out and still win easily. I miss the days when we at least had Heidi around.  My angry emails to her were much less angry. Sigh.
 
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