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Tracy Potter on Energy & Oil

 


People can't afford housing in ND's oil patch

After a question about weaning the country off foreign oil, Potter criticized Hoeven for poorly managing the rapid growth in North Dakota's oil country. Potter said many people can't afford housing because oil companies have raised the cost of rent. "I've been to the oil patch. The story I'm hearing all over is that we've gone too fast,'' Potter said. "We've more than doubled the oil production. This is good. It's great for the economy. But it's tough on those towns.'
Source: Crookston Daily Times coverage of 2010 N.D. Senate Debate Sep 24, 2010

Better highways to ensure sustainable harvest of oil

Potter said that N.D. needs to have less of a "gold rush mentality" when it comes to oil development and instead take a cue from former Gov. Art Link's concerns about the "one-time harvest" of natural resources. Potter outlined a policy initiative to get the state on track to sustainable and beneficial development of its resources.

Potter was struck by the "gold rush mentality" he saw at a Bismarck oil conference last month. "It seemed to me that we were in a real hurry to get everything out of the ground that we could as fast as we could. There are inherent problems with that," he said. "We're not getting the maximum we can from this."

The federal government can help respond to infrastructure needs in western N.D., Potter said. That includes making sure the roads are adequate to handle the increasing heavy truck traffic--including converting US Highway 85 into a four-lane highway. "We have a $40 billion trade imbalance per month right now, half of which comes from imported oil," he said.

Source: Grand Forks Herald, "One-Time Harvest" Jun 3, 2010

Vision for oil development federal/state/local partnership

Oil development has been good to "North Dakota and its politicians," Potter said, referring to the tax cuts enacted in the past two legislative sessions that were largely possible because of oil revenue. "We're floating on oil revenue," Potter said.

But there are problems with that oil boom. Potter said N.D. has a hard time getting its product to the market, meaning crude from the state is discounted by about 10%. "And of course, as we increase production, if we don't keep pace with pipeline capacit or other means of using the oil, such as a refinery, the discounting will just get worse," he said. Infrastructure is not keeping pace with increasing development, Potter said. "Where's the vision?" he asked. "Where's the leadership that we need to bring that into something that is more sustainable for us? Well, here's one: a federal, state and local partnership."

"This is a national security issue," he said. "At the same time, it is our duty to our grandchildren to get this right."

Source: Grand Forks Herald, "One-Time Harvest" Jun 3, 2010

Supports renewable energy tax credits.

Potter supports the CC survey question on renewable energy tax credits

The Christian Coalition voter guide [is] one of the most powerful tools Christians have ever had to impact our society during elections. This simple tool has helped educate tens of millions of citizens across this nation as to where candidates for public office stand on key faith and family issues.

The CC survey summarizes candidate stances on the following topic: "Tax credits for investment in renewable sources of energy, (such as wind, solar & biomass)"

Source: Christian Coalition Survey 10-CC-q18 on Aug 11, 2010

Other candidates on Energy & Oil: Tracy Potter on other issues:
ND Gubernatorial:
Jack Dalrymple
ND Senatorial:
John Hoeven
Kent Conrad

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Page last updated: Nov 27, 2010