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Exclusives

ND House defeats property tax reform bill

property tax reform

Yesterday, the North Dakota House of Representatives voted against HB 1326, the tax bill that Managing Director of the North Dakota Watchdog Dustin Gawrylow calls “a critical piece of pro-taxpayer reform that can and should be the beginning of real property tax reform” in North Dakota. The basic premise of the bill: Every political subdivision shall have an affirmative control ...

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Will OPEC continue to cut production?

Photo: Nick Taylor via Flickr.

Ten OPEC countries achieved 91 percent of their required cuts in January, according to an S & P Global Platts survey released on Monday. In the agreement signed last year, OPEC countries promised to cut 1.2 million b/d for six months and freeze production at 32.5 million b/d for six months in 2017. This includes production by Indonesia, whose OPEC membership is ...

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New geothermal drilling technology could also help oil and gas

geothermal drilling, Baker Hughes

When we think directional drilling, we think oil and gas. But a recent article in Think GeoEnergy tells about an advanced drilling system used by Baker Hughes that can withstand high temperatures in drilling for geothermal resources. The project was funded by the U.S. Department of Energy and its Geothermal Technology Office. Alexander Richter for Think Geoenergy reports that Baker ...

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Spray foam for agriculture? Here’s why farmers should think about it…

spray foam, profoam, agriculture

Most people typically think about spray polyurethane foam for home construction, commercial buildings, and roofing since it prevents leaks, wards off humidity and mitigates temperature fluctuation. It makes heating and cooling more cost-effective. But SPF has applications far beyond homes and commercial buildings. Spray foam is now being used by a diverse number of industries. Farmers and ranchers have begun ...

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Real Estate Developer Mike Marcil Awards $25,000 Grant to PATH, Inc.

Path Inc grant check, Mike Marcil

January 30, 2017, Fargo, North Dakota– Mike Marcil, CEO of Aalton Real Estate LLC., a Fargo-based commercial and rental real estate company, awarded a $25,000 grant to the PATH Family Support Program in Fargo, North Dakota. The grant will be used to support the recruitment and retention of licensed foster families to serve in the PATH Family Support Program. Additionally, the ...

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TransCanada announces submission of Keystone XL Permit application

Keystone XL, TransCanada

In the wake of President Trump’s executive order earlier this week regarding the Keystone XL Pipeline and the Dakota Access Pipeline, TransCanada announced it has submitted a Presidential Permit application to the U.S. Department of State for approval of the controversial Keystone XL Pipeline. TransCanada asserts the pipeline project will create tens of thousands of well-paying jobs and “generate substantial ...

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Trump overturns Obama’s block on Dakota Access, Keystone

The Keystone Oil Pipeline is pictured under construction in North Dakota in this undated photograph released on January 18, 2012. TransCanada Corporation Handout Photo

On just his second full day in office, President Trump signed paperwork that renegotiates the terms of two pipelines. The Dakota Access Pipeline, running from North Dakota’s Bakken oilfields to Illinois, and the highly disputed Keystone XL, which would bring oil from the Canadian oil sands in Alberta to the Gulf Coast, both received Trump’s golden stamp of approval in an ...

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Texas increases lead huge rig count jump

oil rig, rig count, Baker Hughes

It’s definitely not a little hop, or even a skip. This week’s rig count jump might even be classified as a huge leap of faith as reports across the industry indicate a the oil and gas industry is on the road to recovery. This week, large acquisitions–on by Exxon Mobil and another by Noble Energy–indicate further optimism that activity will ...

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