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Exclusives

WSJ: Why Canada and Brazil hurting market balancing efforts

goodrich files bankruptcy

No one really thinks about how the “little guys” affect the effort to rebalance the oil market. Today, the Wall Street Journal reported that a “wave of new petroleum production from countries like Canada and Brazil is adding a new problem for oil traders.” The WSJ notes that the two countries are the seventh and 10th largest oil suppliers, and production ...

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Safety With Purpose

purpose, safety, road, retirement

With retirement on the horizon I’ve been listening more intently to the advice offered from those that are there and those that help retirees prepare for their “golden years.”  Finances are a large part of the discussion and most importantly—“You don’t want outlive your money!” Traveling, volunteering, hobbies, and visiting family and friends are no doubt prime post-career activities. One ...

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Rig count continues steady upward climb

oil rig, rig count, Baker Hughes

While Canada lost 19 rigs this week, the U.S. Baker Hughes rig count continues its steady upward climb. With fourteen straight weeks of increase, it doesn’t seem as though it will stop anytime soon. This week’s total is up ten from last week. Of the 857 rigs, 688 are exploring for oil, while 167 are exploring for gas. Two rigs ...

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U.S. oil poised as next swing producer – INTERVIEW

energy market, oil swing producer

Oil prices have taken a wild ride in recent years, and nobody knows exactly where they will settle. Some market analysts, though, have a better idea than others. Brent Berarducci of Blacklion Capital Management, namely, is one unique to the oil and gas financial market. His boots have been on the ground (as well as 30,000+ feet in the air) ...

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Big property tax hikes coming in 2018?

property taxes, property in Fargo

The sustainability of “property tax relief” program using state tax dollars to reduce local property taxes is now at 0% as the State House yesterday voted to repeal the 12% property tax credit. Senate Bill 2206 was amended to repeal the 12% credit and takeover about half that much of the property tax bill which covers local social services. As ...

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When safety hurts

workplace safety, injury

“Life’s just not fair sometimes” is the justification that I’ve been weaving more frequently into the message with my kids when they don’t get the result they want.  I guess I’m preparing them for the working world so they develop some resilience to disappointment, frustration, even failure.  Time for me to listen to my own wisdom. My frustration involves the ...

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Exec order gives coal industry hope, but no new jobs

coal industry,

President Trump’s executive order signed Tuesday rolling back Obama-era policies probably won’t bring back coal industry jobs, but it could provide the industry some much-needed breathing room to continue working on ways to stay competitive in the ever-changing energy landscape. President Trump signed his “Energy Independence” executive order surrounded by coal miners, who heard the President say many times throughout his ...

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US involvement in Paris climate agreement in jeopardy after exec order

coal mining, climate change

President Trump delivered on a campaign promise today to roll back Obama-era climate change policy with a “much-anticipated” executive order. The order, called the “Energy Independence” executive order, directs the Environmental Protection Agency (EPA) to begin withdrawing Obama’s Clean Power Plan, which was intended to cut carbon emissions created by coal-fired power plants. The Clean Power Plan would have cut ...

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