The Fargo Chamber of Commerce hosted a couple Bakken-vested business leaders at recent breakfast gathering and the message they delivered was one ringing with optimism. Kathy Neset of Neset Consulting and Rob Lindberg, Director of Bakken Backers suggest the numbers tell the[...]
Section: Business & Economy
News |
Shoe retailer Payless files for bankruptcy; hundreds of stores expected to close
Another day and another story of a major national retailing filing for bankruptcy. The economic disruption caused by the Internet and online retailers like Amazon is just starting to ripple through our communities in a manner we can see and touch. No[...]
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Simple oil field invention could save lives
A Watford City welder with a good idea that makes the oil-field safer is taking his idea to an Innovation and Energy competition sponsored by Tioga’s Economic Development arm. But the idea is already in production and orders are coming in. Check[...]
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ND Senate Approves Bill That Reduces Oil Spill Reporting
A bill that wold reduce the reporting requirements on oil and produced-water spills continues to progress through the legislature. House Bill 1151 eliminates the requirement to report spills of less than 10 barrels (420 gallons) that are contained on a drill site.[...]
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Pipeline System That Leaked At Risk Of Future Failures, Regulators Say
Estimates of a pipeline spill from back in December are growing in size, and the early conclusions of regulators investigating the incident are increasingly troubling. Amy Dalrymple has the report on the Belle Fourche Pipeline spill that’s now estimated to have released approximately 530,000[...]
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News |
North Dakota oil output set to rise as controversial pipeline opens
The Dakota Access pipeline is in the process of coming online; it’s expected to save the local producers $540 million annually in shipping costs. The lower costs will make the oil field more competitive, and signs of growth are already on the[...]
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Regulations rollback a relief for energy industry, worry for environmentalists
President Trump is following through on his pledges to protect coal as one of our country’s vital energy sources; in the North Dakota coal industry, it’s a welcome reprieve. The regulatory rollback drew responses from many circles including North Dakota’s congressional delegation.[...]
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ND fifth-best state for business
When it comes to doing business, North Dakota Ranks near the top of the list. The financial news website 24/7 Wall St. produces the rankings annual and considers factors like gross domestic product, growth rate, and homeownership expenses as a percentage of[...]
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Lyft announces huge Midwest expansion, including Fargo, Bismarck, Grand Forks
The sharing economy is moving into North Dakota in a big way. Ride-sharing service Lyft announced a 50-city expansion into the midwest that includes Fargo, Bismarck, and Grand Forks. To read more about the expansion, check out this article on The Verge.[...]
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Dakota Access oil could flow by March 6
With the political obstructions cleared by the Trump Administration and the #NoDAPL protest winding down, the construction of the pipeline under the lake has moved forward and is nearing completion. There are court proceedings still taking place, but a status report filed[...]
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Farm Operators Adapting to Supply and Demand Economics
In the business of producing raw food products, current commodity prices are directly impacted by last year’s harvest. And current prices are the biggest factor in what get’s planted this year. It all results in a game that requires good operators to[...]
Commentary |
Congressman Cramer on the Dakota Access Easement Ruling
Congressman Cramer weighs in with an op-ed piece in the Wall Street Journal. He lays out the facts of the issue and lays the lawless outcome directly on the shoulders of President Obama. [...]Read More... from Congressman Cramer on the Dakota Access[...]
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UND’s energy center awarded $10 million to research capturing carbon dioxide
UND’s energy center is getting a big influx of federal dollars all with the purpose of improving the environmental sustainability of our coal-fired power plants. The money will be put to work researching ways to capture the carbon by-product of energy from[...]
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Leaner and meaner: US shale greater threat to OPEC after oil price war
With news that OPEC has an agreement with member countries and Russia to reduce output, the conversation in North Dakota will shift to how did we come through this down cycle in the industry? And a couple reporters from Reuters have the[...]
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Oil up sharply as OPEC finalizes first output cut since 2008
The glut in world oil supply, which in turn led to the price of oil plummeting since mid-2014, may be behind us. OPEC, a cartel of loosely organized countries with a direct interest in maintaining higher oil prices has a tentative agreement[...]
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Commentary |
Whatever Else Comes From the #NoDAPL Protests, Let’s Get North Dakota Cops Some Body Cameras
Rob Port at Say Anything Blog offers up two important conversation points in this article, one of them unintentionally. First, the protest actions have exposed the need for police to be using body cameras, so we should figure out how to get[...]