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Bakken Price Weakens After North Dakota Production Hits New High

Bakken Oil Boom

Bakken crude on the spot market weakened against West Texas Intermediate as North Dakota regulators said production from the state’s portion of the field increased to a new high in May. North Dakota’s Bakken field produced 745,399 barrels of crude a day, according to preliminary data from the state’s Industrial Commission. That’s up 2.4 percent from April and 29 percent ...

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SD woman begins filming ND oil boom movie

Charlie Buhler Aegis Film

MITCHELL, S.D. — Charlie Buhler has returned to Mitchell for the next step in her film-making career. Buhler, a 25-year-old Mitchell native, is directing a short film, “Aegis,” a movie with strong themes of protection. The movie is about a young woman named Charlene, working as a stripper while on the run among the oil fields of North Dakota.“There’s a ...

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Low energy prices giving ND manufacturers competitive edge

Bakken Natural Gas

BISMARCK, N.D._ On a national scale, cheap natural gas retrieved through fracking is being credited with helping to resurrect the manufacturing industry. On the state level, affordable energy means lower overhead costs for North Dakota manufacturers. Meanwhile, the state is looking for other benefits it could provide. Many manufacturers in the state use natural gas to heat large buildings. Others, ...

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Flush With Oil and Gas Cash, North Dakota’s Growth Tops in Nation

North Dakota’s economy wasn’t much to behold a decade ago. But that’s changed dramatically thanks to surging oil and gas production on its Bakken shale. North Dakota’s per person gross domestic product increased nearly 11 percent from 2011 to 2012 — tops in the nation for the second straight year, and three times larger than runners-up Texas and West Virginia. ...

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Giving the Bakken a dose of Synergy

Bakken Oil Fields

As a Montana native, Laura McRae noticed a few years ago that the Bakken energy play was a unique happening. Both with business backgrounds, Laura and her husband, Kendall McRae, also spotted another Bakken trait: A lack of communication between many of the different interests involved with the play. In the fast paced world of a large-scale energy boom, Laura ...

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Quebec explosion highlights risk of oil transport – KXNet.com

oil transport

By MATTHEW DALY Associated PressWASHINGTON (AP) – The deadly explosion of a runaway oil train in Canada highlights the risks that come from transporting oil, no matter the method.Spills from rail cars occur more frequently than from pipelines, but tend to be smaller. And pipelines can be built to avoid population centers and fragile ecosystems, while trains travel routes where ...

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ND drillers to get tax breaks for natural gas usage

Oil Pumpers

The Republican-sponsored bills passed the Legislature this year. They offer oil companies tax incentives for capturing and using the byproduct of the state’s booming crude production. Records show 275 million cubic feet of natural gas goes up in smoke each day in North Dakota, or enough to heat more than 1 million homes daily. Flaring also accounted for about 5 ...

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