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Tag Archives: news

North Dakota Industrial Commission divided on oil drilling restrictions

nd land

ND ‘special places’ protection list up for debate FARGO – A divided North Dakota Industrial Commission soon will decide whether to designate special places subject to development restrictions to protect them from oil drilling or other development. By: Patrick Springer, INFORUM FARGO – A divided North Dakota Industrial Commission soon will decide whether to designate special places subject to development restrictions ...

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Florida professor captures solar energy through unorthodox means

Sunlight

To Florida’s big utilities, the Sunshine State isn’t as bright as its nickname indicates. Too cloudy. Too hazy. Too much darkness. It just doesn’t have the pounding rays of, say, Arizona or parts of California. As such, the reasoning goes, the Sort of Sunny State isn’t great for solar energy — unless someone develops storage technology to overcome those limitations. ...

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Mission creep for Bakken housing help

Bakken Housing Being Built Near Watford City

Contributed Article by Rob Port   During the 2011 legislative session Governor Jack Dalrymple sought from the state legislature, and won, the creation of a housing incentive fund. The premise behind the fund is that private businesses, organizations and individuals can make donations to the fund in exchange for a dollar-for-dollar credit on their state income taxes. The money in ...

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Lower income housing allocations tapped out in North Dakota

affordable

Millions in funding appropriated this spring by lawmakers for lower income housing developments has all been pledged to projects in the first four months of the biennium. Jolene Kline, active executive director of the North Dakota Housing Finance Agency, informed lawmakers of this Thursday during an interim Government Finance Committee meeting. She told lawmakers that demand remains high statewide for ...

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Utica Shale increases natural gas production

Utica

Nov. 07–Natural gas production from Ohio’s Utica shale is starting to boom, according to the reshaped and trimmer Chesapeake Energy Corp. Natural gas production in the Utica shale grew 91 percent from the second quarter of 2013 to the third quarter, the company said Wednesday in a third-quarter earnings and production call with analysts. The company’s Utica wells are averaging ...

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Organization of Petroleum Exporting Countries (OPEC) sees demands lessen

OPEC

OPEC acknowledged it underestimated the significance of the North American energy boom as it tripled estimates for shale oil produced there and predicted a decline in demand for its own crude through to 2018. The need for crude from the Organization of Petroleum Exporting Countries, which produces about 40 percent of the world’s oil, will fall by 1.1 million barrels ...

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Dig a little deeper in the Bakken and find Three Forks

Three forks shale

Marketwatch.com One year ago, I wrote this story, asking—could the Bakken ever hit 1 million barrels of oil per day (bopd) production? Well, now the Market is asking—when (not if) will it hit 2 million? A massive, 76-page report from Goldman Sachs from late September suggests 2023—that’s another TEN YEARS of growth—with the biggest growth year being next year, in ...

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Natural gas gains on U.S. supply report, chilly weather forecasts

Turning Up the Heat

Investing.com – ” Natural gas prices rose on Thursday after U.S. data revealed the country’s supply levels met expectations last week, while forecasts for a cool snap across the central and eastern U.S. also bolstered the commodity. On the New York Mercantile Exchange, natural gas futures for delivery in December traded at USD3.519 per million British thermal units during U.S. ...

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