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Exclusives

Keystone XL viewpoints: Hoeven vs Hamm

keystone xl

Perhaps one of the most controversial political topics of the past six years, the Keystone XL pipeline debate gained ground last week when the House of Representatives passed the bill that approves the debated pipeline. The Senate is set to vote on whether or not to build the pipeline on Tuesday. The Takeaway with John Hockenberry on National Public Radio ...

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Goal in oil conditioning regs should be outcome not method

train

The debate over oil stabilization can be a confusing one. It’s important to a lot of people because we’ve all read the headlines about, and seen the pictures of, explosive train derailments. But the information we get about the issue is often conflicting (and very often driven by politics, I’m afraid). Currently the North Dakota Industrial Commission is considering a ...

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The top 5 Bakken stories of the week

Active rig count: 186 Saltwater spills: 0 1. Halliburton to purchase Baker Hughes Dow Jones reported today that Halliburton may buy Baker Hughes. The companies are two of the largest oil field service companies in the world. Prior to the announcement it has been stated that Baker Hughes is worth around $22 billion dollars. Halliburton has an estimated worth of ...

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UPDATE: Are Halliburton and Baker Hughes playing monopoly?

In an effort to minimize the impact of declining oil prices, the world’s second largest oilfield services company Halliburton is in preliminary talks with Baker Hughes Inc. discussing a possible merger. Yesterday, Baker Hughes released a statement saying the company is in “preliminary discussions” with Halliburton regarding a “potential business combination.” However, the statement also specified that “these discussions may ...

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New Mexico oil boom may not be booming much longer

With crude oil prices dropping drastically in recent months, New Mexico’s seven-year oil production boom may be fizzing out. The decreasing oil prices have provided relief for consumers in New Mexicao at the pumps, but the overall decline in oil production will affect everyone, since nearly one-third of the state’s revenue comes from oil and gas production. In the Permian ...

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Former CEO charged with conspiracy

conspiracy in the dictionary

Former CEO of Massey Energy, Don Blankenship, has been indicted for his role in the Upper Big Ranch Mine explosion in West Virginia in 2010. According to the Associated Press (AP), Blankenship has been charged with multiple accounts of conspiracy.  The indictment states Blankenship knew the coal mine had numerous safety violations, and did not address any of the violations ...

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Update: Second Casselton derailment outrages officials

tracks

It is not surprising that officials like the Casselton county Sheriff and the town’s mayor are upset about the second derailment in under a year surrounding their city. This time there was no explosion, but the results could’ve been much more devastating than what transpired. Forum News Service reported that Lee Anderson, the mayor of Casselton, stated, “We dodged a ...

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BREAKING NEWS: Train derails near Casselton

train derailment

A train derailed Thursday evening just west of Casselton, North Dakota at 5:34 p.m. according to Forum News Service. A BNSF train hauling lumber struck a propane tank, according to Cass County Sgt. Tara Morris. No injuries or fire have been reported. On December 30, 2013 a train was derailed just west of Casselton ND, causing not only a flux ...

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Breaking: Halliburton to purchase Baker Hughes

halliburton

Dow Jones reported today that Halliburton may buy Baker Hughes. The companies are two of the largest oil field service companies in the world. Prior to the announcement it has been stated that Baker Hughes is worth around $22 billion dollars. Halliburton has an estimated worth of $47 billion.  Both companies currently have declined to comment on the acquisition. If ...

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