A major player in the Bakken oil field and a major employer in Minot is divesting their holdings in other oil fields to focus more heavily on the Bakken. Hess has sold their holdings in the Utica Shale for $400 million. [...]Read[...]
Section: Business & Economy
News |
Minnesota power company looks to study big battery concept in South Dakota
One of the downsides of wind energy is there are times when it produces power that it isn’t demanded. That creates a storage problem. A Minnesota-based power company is looking to store that energy by pumping Missouri River water uphill where it can[...]
News |
Trade tariffs weigh heavy on big beer bottom lines
When tariffs on aluminum get tossed around as negotiating chips, America’s big beer makers get nervous. When you sell a lot of beer in aluminum cans, even a little tariff can have a big impact. Joe Deaux writing for Bloomberg has the[...]
News |
New film urges action to protect Badlands from oil impacts
Teddy Roosevelt came to the North Dakota Badlands more than a 130 years ago, and the spirit of conservation was one of the ideals he took back to the East Coast and ultimately, the Presidency. And according to one group of North[...]
News |
Mining the magic: MN Industry leftovers reinvented by influx of silent sports
How do you take a once scarred landscape filled abandoned ore mines and turn it into something positive? One method: by embracing silent sports like mountain biking, hiking, trout fishing, and kayaking. A two-hour drive from the twin cities, you’ll find the Cayuna[...]
Subscribe!
It's free and it helps us grow and provide better information ForMinot!
Curio |
The cult of productivity has a counterproductive flaw
Imagine you figure out a new way to do something at work, saving you five hours each week. Over a year, you’ll save 260 hours. Now suppose you spent 10 hours teaching this work hack to 10 of your colleagues. At the[...]
Commentary |
Who’s Going to Capitalize on the North Dakota/NAFTA Talking Point?
In November of 2017, two studies were made public regarding the effect of NAFTA (The North American Free Trade Agreement) were it to be repealed. One study was done by BMO Capital Markets and the other by the U.S. Chamber of Commerce.[...]
News |
Paying people to move to rural locations
The efforts to reenergize and repopulate rural portions of the United States are an ongoing topic for politicians. Often framed under the idea of ‘economic development’, the hope is that government can incentivize a behavior deemed to be beneficial to an area[...]
Commentary |
This is what job creation looks like!
For the past 25-years, I've watched our economic development efforts swing for the fences. We've spent millions and millions incentivizing and luring the big fish. There are some legitimate success stories. There are also some spectacular failures. [...]Read More... from This is[...]
Commentary |
Welcome to Washington… er … La-La Land
This month has been what looks like a reality check. Let’s stipulate to a few facts. In Washington, D.C. we have a Republican President, a Republican House of Representatives and a Republican Senate. In the opinion of these duly elected persons, a[...]
Subscribe!
It's free and it helps us grow and provide better information ForMinot!
News |
N.D. farmers Vertically Integrating with Investments in East Coast Restaurants
How do you make a product or a company more profitable? There are lots of ways including reducing costs through innovative practices, creating a differentiated product that commands a higher price. And there’s also vertical integration — the method of getting control[...]
News |
Diversifying an oil and gas economy in Carlsbad, NM
Carlsbad, New Mexico — it’s a city with more than a few similarities to Minot. Notably, it’s fortunes also rise and fall with the price of oil. It’s a cycle that’s led community leaders and business owners alike if there aren’t better[...]
Commentary |
Tax & Spend or Borrow & Spend? Or Reject the Premise?
I am very possibly of the minority when it comes to public opinion, but nonetheless in the mainstream with the opinions of the majority of credible economists. If there are tax reductions by Congress, it will in all probability stimulate the economy[...]
News |
Nobel Goes To American Richard Thaler For Work In Behavioral Economics
Economics is very much a scientific study of simplified, rational decision making. But there’s a problem, humans aren’t always rational decision makers. Sometimes we’re downright weird and inexplicable. Richard Thaler was among the first economists to consider our weirdness, and his work[...]
News |
Grand Forks warily eyes once-dependable federal grant process
Elected officials in Grand Forks are opening their eyes to a new financial reality — funding from the federal government is coming more slowly and less regularly. It means many programs, particularly those that fall under the umbrella of Community Development Block[...]
Subscribe!
It's free and it helps us grow and provide better information ForMinot!
Commentary |
Equifax Deserves the Corporate Death Penalty
If your personal information was compromised by the data breach at Equifax, hopefully you’ve been notified and are taking steps to protect yourself. And if you were impacted, there’s no doubt the situation has been more than a little inconvenient. And all[...]