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Tesoro Corp. buys struggling oil refinery in North Dakota

BISMARCK, N.D. (AP) — Texas-based Tesoro Corp. has bought an oil refinery in southwestern North Dakota that has struggled to turn a profit due to a dramatic fall in demand and low diesel prices. North Dakota-based MDU Resources Group Inc. and Indianapolis-based Calumet Specialty Products Partners LP spent $430 million on the Dakota Prairie Refinery in Dickinson. It has not ...

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Dickinson pump jack denied after residents complain

Maybe if the company had proposed to make the pump jack look like an actual horsehead their neighbors wouldn’t have complained. This week just outside Dickinson, working on a newly acquired oil well, a company replaced the existing underground pump with an above-ground pump jack. On Tuesday, after numerous complaints from nearby residents, it was deemed “an eyesore and a ...

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Gasoline prices take another big jump in North Dakota

BISMARCK, N.D. (AP) — Gasoline prices continue to rise in North Dakota by more than a dime a week. GasBuddy.com reports the average retail price of a gallon of gas rose about 11 cents per gallon in the last week, after rising nearly 11 cents per gallon the previous week and more than 12 cents the week before that. The average ...

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BLM proposes flaring rule that could have big impact state revenues, royalty owners

A new rule will be presented by the Bureau of Land Management Thursday in Dickinson that could have a big impact on state tax revenues and royalty owner income. The proposed rule, which is aimed at curbing emissions and flaring, would seek to limit flaring from wells with mineral leases, but industry representatives warn the rule is duplicative to existing state ...

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PSC sets hearings for proposed Stark County wind farm

The North Dakota Public Service Commission will hold hearings regarding the proposed Stark County wind farm. (Image: Duke Energy via Flickr)

BISMARCK, N.D. (AP) — North Dakota’s Public Service Commission has slated public hearings on a proposed wind farm and associated electric transmission line in Stark County. The PSC has set the meetings for March 30 in Dickinson. Brady Wind LLC has submitted applications for project that includes 87 wind turbines and a 19-mile transmission line south of Dickinson. The company ...

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North Dakota airports add $1.5 billion to state’s economy

Aerial view of the Hector International Airport in Fargo, North Dakota. (Image: Zach Koppang / Energy Media Group)

Bismarck, N.D. – The North Dakota Aeronautics Commission recently completed a research project to estimate the annual economic impacts that all facets of aviation have on North Dakota’s economy. The Commission’s research concludes that the annual economic impact from the State’s 89 Public-Use Airports has increased 47 Percent Since 2010. This project was funded in part by a grant from ...

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Fund suspended for communities affected by oil development

Due to the oil price and drilling decline, North Dakota communities impacted by oil and gas development will not be receiving financial assistance from the state. (Image: A.G. McQuillan via Flickr)

BISMARCK, N.D. (AP) — A program aimed at helping North Dakota communities deal with the effects of energy development has been suspended due to slumping oil activity. North Dakota’s Board of University and School Lands also voted Thursday to put on hold millions of dollars of projects that have receive grants but work hasn’t started. Trust Lands Commissioner Lance Gaebe (GAY’-bee) says ...

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PSC sets hearings for proposed wind farm in Stark County

BISMARCK, N.D. (AP) — North Dakota’s Public Service Commission has slated public hearings on a proposed wind farm and associated electric transmission line in Stark County. The PSC has set the meetings for March 2 in Dickinson. Brady Wind LLC has submitted applications for project that includes 87 wind turbines and a 19-mile transmission line south of Dickinson. The company ...

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North Dakota “Great Recession” real estate crisis?

real estate crisis indicated by unfinished apartment

The North Dakota Office of State Tax Commissioner recently reported a $63 million shortfall in anticipated sales tax collections in December of 2015. Sales tax collections have declined by over 50 percent in some oil patch cities. Even with a massive state investment program and projects that were financed prior to the recent decline in oil prices, sales tax revenues still collapsed. Plunging sales ...

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New Bakken refinery could bring jobs to Dickinson area

With the proposed Bakken refinery, Belfield, North Dakota might soon be the site of the second new refinery built in the United States since 1976.

The area west of Dickinson might soon get another diesel refinery, reports the Dickinson Press. California-based Meridian Energy Group Inc. says its focus on the development of what it’s dubbed the “Davis Refinery” is a reflection of its commitment to operating in the Bakken oil patch “with a commitment to the future and an eye to the big picture.” If ...

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