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Natural Gas Waste, the Next Turn to Big Profit in ND

Natural Gas

By Lew Amicone NORTH DAKOTA’S NEXT ENERGY BOOM: NATURAL GAS As the economic situation hits hard times nationwide, several states cannot stay up to date with infrastructure, as tax profits remain stagnant. In the case of North Dakota, the state is experiencing a facilities shortage as a result of rapid industrial growth in the Bakken and not because of a ...

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New Geostellar Solar Energy Index Reveals ‘Solar-coaster’ Effect

Geostellar

WASHINGTON–(BUSINESS WIRE)– Connecticut, New York and Massachusetts now outrank California, Arizona and New Mexico in the amount of money each ray of sunlight can generate for homeowners, according to the Geostellar Solar Index, a new scientific and economic analysis of Americans’ savings through rooftop solar. The new quarterly index, released today by Geostellar, shows the Northeast and Mid-Atlantic states offer ...

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Traders cash in on U.S. propane boom

By John Kemp LONDON Aug 23 (Reuters) – The United States has emerged as a big net exporter of propane and other liquefied petroleum gases (LPGs), thanks to the shale revolution, becoming a prime supplier of heating, cooking and motor fuel for countries across Latin America. Where once massive gas tankers arrived importing LPG from Algeria, Nigeria, Saudi Arabia and ...

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Enbridge Energy to install 600 mile pipeline to transport Bakken Oil

Enbridge Energy is finalizing plans to build a 600-mile pipeline to transport North Dakota crude oil to Superior, Wis., and soon will begin contacting Minnesota property owners along two proposed paths across the state. Although two proposed pathways across 11 northern counties are under review for the $2.5 billion Sandpiper Pipeline, an Enbridge official said Thursday that the company is ...

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ND oil boom, not everyone good with it

Park ranger and rancher John Heiser, who raises cattle near Grassy Butte and works in Theodore Roosevelt National Park’s North Unit, is fed up with the truck traffic and environmental degradation of what he calls ‘the Bakken curse.’ (BARTLEY KIVES / WINNIPEG FREE PRESS) GRASSY BUTTE, N.D. — On the western fringe of North Dakota, not far from the Montana ...

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Is Big Oil too big to come together?

oil to big to merge

“They have to reinvent themselves—these companies are too big to grow,” said Fadel Gheit, managing director of oil and gas research at Oppenheimer & Co. He compared the Big Three to “an aging Yankees team” that has a long history and expensive talent but that routinely underperforms. In 2010, Exxon acquired XTO for $41 billion—a deal Gheit branded “an absolute ...

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Alliance wants a second look

killdeer

KILLDEER, ND An alliance working to protect the environment and history of the Killdeer Mountains wants the North Dakota Industrial Commission to reconsider how oil is being tapped in the area. The Killdeer Mountain Alliance has asked members of the commission Gov. Jack Dalrymple, Agriculture Commissioner Doug Goehring and Attorney General Wayne Stenehjem to include the Killdeer Mountains on a ...

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Xcel Energy to take over wind farm in Central ND

Xcel Energy

By JAMES MacPHERSON Associated Press BISMARCK, N.D. (AP) — Xcel Energy Inc. announced Tuesday that it plans to take over a long proposed 150-megawatt electricity-generating wind farm near the Canadian border in north-central North Dakota. Mark Nisbet, the North Dakota manager for the Minneapolis-based utility, said the company is seeking approval from North Dakota regulators to acquire the permit for ...

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ND oil production numbers set to explode?

Photo credit: ConocoPhillips Genscape, which is a leading provider of energy information, recently estimated that June’s Bakken daily oil production would skyrocket by 54,000 barrels of oil per day. That would have shattered the the previous record monthly gain of 41,000 barrels of oil per day set in February. It turned out that Genscape was way off as production only ...

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