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Long a leader in wind power, Xcel sees advantages in owning more wind farms

Top executives of Xcel Energy, long a national leader in wind power, said Thursday that they see further investment opportunities in wind farms, including acquisition of older projects whose electricity the utility now purchases under long-term agreements. “It’s a great deal,” Ben Fowke, chief executive of the Minneapolis-based electric and gas utility, said about wind energy. He and other executives ...

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North Dakota regulators approve $249M wind farm near Tioga

BISMARCK, N.D. — North Dakota’s Public Service Commission has approved a $249 million wind farm in Williams County. The Bismarck Tribune reports that the Lindahl Wind Project planned by Kansas-based Tradewind Energy Inc. 4 miles north of Tioga is to include up to 75 turbines on 13,000 acres. The wind farm will produce 150 megawatts of power that will be sold ...

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North Dakota budget writer: New revenue forecast likely

The Legislative Hall of the North Dakota State capitol building in Bismarck. (Image: Timothy Vogel via Flickr)

BISMARCK, N.D. — North Dakota’s top budget writer says “it’s very likely” an updated revenue forecast will be needed due to drop in oil drilling in the state. Office of Management and Budget Director Pam Sharp says a reworked revenue forecast is the initial step in addressing potential revenue shortfalls in the current two-year budget cycle. Overall tax revenues are ...

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Former theater building has new life as high-tech office space

High Tech Circuit Board

David Veeder stepped away from practicing law 18 months ago, capping a successful career that spanned more than three decades. As an encore, he’s concentrating on another long-time passion: commercial real estate development. Veeder’s real estate portfolio includes properties in Montana, North Dakota, Nebraska and Iowa. His newest venture is a high-tech renovation of the former Carmike 7 movie theater ...

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North Dakota now has an artificial state Christmas tree

BISMARCK, N.D. — The Christmas tree at North Dakota’s state Capitol this year is plastic, a move made to reduce the fire risk, officials said. It’s Memorial Hall’s first fake Christmas tree since the building was completed in 1934, about four years after the original statehouse burned down. “The fire department has been on us about replacing the real trees ...

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AAA fuels hopes of $1.99 gasoline

AAA predicts that gasoline prices might fall below two dollars per gallon

Within weeks, the national price of a gallon of gasoline will fall below $2 for the first time since 2009, AAA predicts. Barack Obama’s first term as president was in its infancy the last time gasoline prices were under $2, Balloon Boy had captured the attention of the nation and Michael Jackson was alive. It was also the year in ...

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New North Dakota oil tax framework saving state $1M daily

BISMARCK, N.D. — Action by the North Dakota Legislature earlier this year means a price-triggered exemption for the state’s oil industry will not go into effect on Tuesday. State Tax commissioner Ryan Rauschenberger (RAW’-shuhn-bur-gur) says the Legislature’s elimination of the law means the state will save about $1 million daily based on current oil prices and production. North Dakota lawmakers ...

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