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Tag Archives: north dakota news

Giving thanks for our adopted oil workers

rigs

Things felt a bit strange in Minot, North Dakota, the week of Thanksgiving.   Living on the edge of the Bakken oil fields, in the largest “oil patch city” in North Dakota, my family and I have become used to a more frantic pace of life. Our sleepy little town, large only by North Dakota standards, which might have required ...

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Unemployment falls in most US states in October

Unemployment falls in most US state in October   Nov 22, 11:57 AM EST BY CHRISTOPHER S. RUGABER AP ECONOMICS WRITER WASHINGTON (AP) — Unemployment fell in 28 U.S. states last month, and employers added jobs in 34 states. The gains suggest recent improvements in the job market have occurred in most regions of the country. The Labor Department said Friday ...

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US RIG COUNT DOWN 1 THIS WEEK TO 1,761

bakken rigs

US RIG COUNT DOWN 1 THIS WEEK TO 1,761 Nov 22, 7:00 PM EST HOUSTON (AP) — Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by one this week to 1,761. The Houston-based company said in its weekly report Friday that 1,387 rigs were exploring for oil ...

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North Dakota homeowners flooded in 2011 applying for millions in loans from new state program

flood

MINOT, North Dakota — North Dakota homeowners who were flooded two years ago are seeking about $3.6 million in loans from a state program that began taking applications Oct. 1. The state-owned Bank of North Dakota reports it has received 182 applications in the Supplemental Rebuilders Loan Program, which offers low-interest loans of up to $20,000 to homeowners who previously ...

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Drilling bill passed in the United State House of Representatives

oil

The House of Representatives passed a bill aimed at speeding up drilling for oil and natural gas. The Federal Lands Jobs and Energy Security Act was co-sponsored by North Dakota Representative Kevin Cramer. The bill would reform leasing and permitting for fracking, and reduce what sponsors describe as bureaucratic burdens for tribal energy development. “But what it does is it ...

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Weekly Crude Oil Market Update – Bakken.com

Weekly Crude Oil Market Update This Week’s Prices This week we saw prices move higher after testing the lows printed at $93 dollars. Crude now is trending above the $95 dollar mark and buyers are getting back in control of the crude market. We started this week trading at $93-94 and even with pressure from the U.S. Energy Information Administration ...

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Ag still important to North Dakota

field

By: Rob Port | Bakken.com “North Dakota is in an enviable position and will outperform the U.S. for the next several years thanks to its booming energy industry,” reads a recent economic report from Moody’s distributed to state legislators and other leaders. That’s not exactly surprising news. Every month it seems the State of North Dakota sets a new oil ...

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Analysis: Bakken drillers undaunted by local oil prices under $80

oil

NEW YORK (Reuters) – North Dakota crude oil prices tumbled this month to below the $80-a-barrel “sweet spot” that helps drillers attract capital from other shale areas, yet the Bakken boom shows no signs of slowing. Even though prices have slumped to their lowest in more than a year, output keeps marching ahead thanks to falling operational costs, increasingly efficient ...

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Canadian company acquires North Dakota fuel distribution business

Canada’s Parkland acquiring SPF Parkland Fuel Corp., which has taken pride in its ability to seize emerging opportunities in the Canadian marketplace, is spreading its wings into the United States with a $110 million purchase of SPF Energy to acquire a North Dakota fuel distribution business. Based in Red Deer, central Alberta, Parkland said it is buying all the outstanding ...

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Dickinson EMS receives vital aid to alleviate Bakken pressure

Dickinson

Dickinson Ambulance Service receives $183K in grant funds By Katherine Grandstrand on Nov 21, 2013 at 9:11pm Emergency medical services are essential, whether it is in a city or a rural area. Having a skilled emergency medical technician crew can mean the difference between life and death when traveling to a hospital. That’s why the North Dakota Legislature changed the rules to include ...

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