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re: States run by Republican governors boast highest economic growth rates

Posted on 8/20/14 at 1:22 pm to
Posted by stevengtiger
Member since Jul 2013
2778 posts
Posted on 8/20/14 at 1:22 pm to
quote:

No one wants to live there, which is why they pay so much money.


Of course that is why they pay like they do but point I was trying make earlier is that ND was regulated in terms of O&G like Cali and other blue states, would the state be booming and able to pay people to move there? Solid leadership and regulations have made that possible.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 8/20/14 at 1:33 pm to
quote:

Of course that is why they pay like they do but point I was trying make earlier is that ND was regulated in terms of O&G like Cali and other blue states, would the state be booming and able to pay people to move there? Solid leadership and regulations have made that possible.

I think there are two questions to answer, and they would just be opinions

a) if california was regulated like ND, would it be booming? I believe the answer is no. California is highly diversified and has a huge petrochemical industry (although more regulated).

b) if ND was regulated like california, would it be booming? I believe the answer is yes but less so than it is now. Fracking is legal in california as of right now but california has a more strict permitting process so it would likely slow growth.

The majority of blue states have little to no natural reserves so its a moot question for anything but California.
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