Trygve Olson cartoon: North Dakota's addiction
In today's cartoon, Trygve Olson comments on North Dakota's dependence on oil and gas revenue.
For more on the matter, see below:
North Dakota's reserve fund to someday replace oil revenues is at risk of not being able to realize its intended potential if spending levels persist, critics including former Gov. Ed Schafer warn.
Forum Editorial: There won’t be much of a legacy for the Legacy Fund if North Dakota keeps spending so freely
State officials are spending Legacy Fund earnings like sailors on shore leave, without any kind of a strategy for a fund created to provide a perpetual stream to replace finite oil and gas revenues.
Supporters of tax breaks and grant programs for oil companies say propping up the industry enriches the state.