Posted on 05/21/2016 3:24:42 PM PDT by 2ndDivisionVet
The host of a local North Dakota news show told viewers Friday that the prospect of a Hillary Clinton presidency “should freak people out” because she will badly damage the state’s economy by going after fracking, which will hurt the oil and gas industry and cost jobs.
Chris Berg, the anchor of 6:30 Point of View, a show on CBS affiliate KXJB Valley News Live, discussed North Dakota’s economic struggles as Clinton’s husband, Bill, was in Fargo, North Dakota for a campaign rally.
Berg explained that the North Dakota Office of Management and Budget released a revenue report on Friday saying that the state missed its budget forecast even after a revised one was issued earlier this year.
“Bottom line, our state is not only losing jobs, it is clearly losing revenue as well … the revenues that fund our government,” Berg said.
The local anchor then turned his attention to Hillary Clinton, the Democratic presidential frontrunner, arguing that her proposed policies would only make North Dakota’s economic situation worse.
“This should freak some people out if you think about what a Hillary Clinton presidency would mean for the state of North Dakota,” Berg said. “Right now, for the fracking industry, the oil and gas industry generates about $17 billion a year.”
Berg then showed on screen data from the Department of Agribusiness and Applied Economics at North Dakota State University explaining the petroleum industry‘s economic contribution to the state. He clarified that this information is from 2013 and not completely accurate for today but is the most recent study available.
The petroleum industry has $17.7 billion in direct economic impact on North Dakota, $25.4 billion in secondary economic impact, and creates 55,137 jobs for the state in direct employment while adding another 26,403 in secondary employment, according to the data.
“Even if you cut that thing in a quarter, it’s still a lot of jobs that have direct employment and secondary employment and revenues,” Berg said. “So you got to get a little bit concerned when you see the numbers coming out from the U.S. Bureau of Labor statistics today.”
The host then played a clip of Clinton talking about her plan for fracking at a CNN debate from earlier in the Democratic primary.
“So by the time we get through all of my conditions, I do not think there will be many places in America where fracking will continue to take place,” Clinton said in response to an audience member’s question.
“Clearly the free market, if you will, if you can consider OPEC [Organization of the Petroleum Exporting Countries] a free market, has driven down the price of oil, which has already impacted our economy enough,” Berg said. “Then you put on more regulations per a Secretary Clinton presidency, it’s not going to bode well for the state of North Dakota’s economy and jobs.”
Ping for the Hubby Megan.
True dat. She will ruin any coal or petroleum production. She will also confiscate guns if she can. GO TRUMP GO
North Dakota: Does it REALLY matter? Get rid of that Democrat in the Senate. I think she’s up in 18’. Thune should run for Gov. in S.D. He can appoint the looker that’s in the house. Kick him upstairs. I’m sick of him. Next get rid of Tester in Montana. No excuse for ANY senator from that area to be a rat. Shows how stupid we can be.
Democrats have been Senators in North Dakota forever. All they need to do is promise some good handouts to the farmers and they are golden.
She is also a disaster for coal states...oil states...Rust belt states like Pennslyvania, Indiana, Ohio ,Michigan, Illinois...heck she’s pretty much a cackling jack ass in need of a good loss to send her back to Arkansas ...yeah like that would happen...bwahahahaha!
Freegards
LEX
Hopefully the 3rd stooge Curly from ND will quit bashing Trump and realize if he keeps up his antics he will end up with Hillary.
North Dakota will give her the finger.
The Clitons need to be called out on Ruby Ridge and Waco.
Why did those injustices occur? Who ordered the compound burned at Waco, and who ordered the sniper Hiroshi (sp?) to kill Mrs. Weaver?
That was when I felt America was lost.
Hoeven has been a disappointment.
Very good points. Those questions have yet to be answered. I hope Mr. Trump goes after her hard on them.
Trump is scheduled to deliver a keynote address Thursday at the Williston Basin Petroleum Conference in Bismarck to an audience of oil and gas operators whose drilling in the Bakken shale formation has made North Dakota the second-leading oil-producing state in the U.S.
We’re not too worried about Hildebitch becoming President.
But it’s not too late for the Democrats to go with Sanders and we ARE worried about him.
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