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Tag Archives: north dakota

Dramatic Tobacco Tax in Minnesota Increases are Driving Sales in the Dakotas.

tax

By: Mike Marcil, Bakken.com Dramatic Tobacco Tax in Minnesota Increases are Driving Sales in the Dakotas. A few months ago I wrote about the effects of higher income tax rates in Minnesota and how these changes might impact the 200,000+ residents, businesses and communities along the border with North Dakota. The North Dakota legislature recently passed the largest tax reduction ...

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North Dakota Common Schools Trust Fund – Solution to Property Tax Issues?

school north dakota

By: John Bestoloffe | Published July 24, 2013 | Google+   North Dakota Common Schools Trust Fund – Solution to Property Tax Issues? If you take a look at the North Dakota 2013-2015 Executive State Budget provided on the OMB website, (http://www.nd.gov/fiscal/budget/state/) over fifty (50%) percent of the gross tax and other revenues received by the state are directly transferred into constitutionally protected trusts, ...

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CN Railway profit rises as crude oil shipments increase

Canadian National Rail Trains

Mon Jul 22, 2013 6:52pm EDT By Scott Haggett and Solarina Ho July 22 (Reuters) – Canadian National Railway, Canada’s largest railroad, said on Monday it expects the boom in crude-by-rail shipments to continue, despite the Lac-Megantic tragedy earlier this month and as narrowing spreads between benchmark world oil prices raise questions about the economics of rail transport. The company ...

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ND oil spurs $4.1-B outlay for railroad

JIM GEHRZ / MCT ARCHIVES Enlarge Image   Excess gas is burned off at well sites east of Williston, N.D. BNSF is crucial in the Bakken oil boom. MINOT, N.D. — To bolster its ability to haul freight, including crude oil, Fort Worth, Texas-based BNSF Railway Co. plans to spend $4.1 billion on capital improvements in 2013, a single-year record ...

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North Dakota Housing Boom will continue

Bakken Housing Being Built Near Watford City

Jamestown Sun Certainly it’s not a surprise that North Dakota leads the nation in housing development, according to the U.S. Census Bureau. But the numbers are quite staggering, considering that eight North Dakota counties rank among the top 100 in the country in the percentage of new housing units.Williams County ranks first in the country, with a 13.9 percent increase ...

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Affordable housing opens in Killdeer

Killdeer North Dakota

Prairie Business KILLDEER,N.D. — Just steps away from an RV park, a contingent gathered here Wednesday to signify the grand opening of a new “affordable housing” apartment building. Local and state dignitaries gathered for a ceremony and lunch at the Buckskin Bar and Grill before heading to the Prairie Gold Apartments, a recently finished 24-unit apartment complex on Rodeo Drive ...

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Making it Rain: Water Technology in the Bakken

Fracking Water in the Bakken

Technology innovations have led to an explosion of oil and gas production in the Bakken shale and across the United States. The combination of horizontal drilling and hydraulic fracturing are making previously unattainable petroleum reserves accessible and economical. Yet as one natural resource proliferates, another begins to feel the strain. Oil and gas production, in particular hydraulic fracturing, uses large ...

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Oil production up sharply in North Dakota

Oil Workers Bakken North Dakota

Bismark Tribune Oil production began to increase at a sharper pace in May, and production is expected to increase further during the summer months, according to North Dakota’s top industry regulator. Preliminary numbers for May put North Dakota oil production at more than 810,000 barrels per day. It was an increase over the nearly 794,000 barrels per day in April. ...

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State Dept. approves ND-to-Alberta gas pipeline

Bakken Natural Gas Pipeline

BISMARCK, N.D. (AP) — The U.S. State Department has approved construction of the North Dakota portion of a gas pipeline from Tioga into the Canadian province of Alberta, Sen. John Hoeven said Tuesday. The proposed $300 million, 430-mile Vantage Pipeline is slated to supply ethane from North Dakota’s oil patch for Alberta’s petrochemical industry beginning later this year, the Republican ...

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