Is the sustained lower oil price leading to the ‘bust’ that’s been so popular in national media headlines? Not according to the folks in Watford City. Kirk Siegler with NPR has the story. [...]Read More... from Some Anxiety, But No Slowdown For[...]
Section: Business & Economy
News |
Canadian Refiners Set to Buy More U.S. Oil With Wider Discount
Canada is the only country U.S. oil producers can export to without restrictions, and the oil markets are creating incentives for Canadian refiners to import more U.S. oil. [...]Read More... from Canadian Refiners Set to Buy More U.S. Oil With Wider Discount
Curio |
Who Is “The Fed”, and How Does It Affect Your Finances?
Ten people who serve on the Federal Reserve Bank’s Federal Open Markets Committee have more impact on our lives than most of us realize. This article is a great short primer on the organization that has a huge say in the economic[...]
Curio |
The Economics of The Hudsucker Proxy
The Hudsucker Proxy is a Coen brother’s classic from 1994 starring Tim Robbins and Paul Newman and buried deep within the period sets and witty story telling are some economic lessons. Andrew Heaton of Econ Pop mines the movie for the valuable[...]
Commentary |
OPEC Expects to Run US Shale Out of the Market by the End of the Year
News: There’s been little doubt as to where market pressures that caused the drop in oil prices are coming from — OPEC. Commentary: We’re guessing the intangible quality that is American ingenuity was left out of Saudi’s calculations when they planned their[...]
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News |
Myths of the Bakken – Will one Lateral Wellbore Drain a Spacing Unit?
Are you curious about how oil companies and drillers know where their wells are drawing oil from? Kathy Neset of Neset Consulting gets technical on spacing the horizontal sections of wells and how they’re determined. [...]Read More... from Myths of the Bakken[...]
News |
Oil Contributes $43 Billion to State Economy
According to the North Dakota Petroleum Council, economic impact per rig is estimated at about $105 million. Get lots more in this short piece from the Bismarck Tribune. [...]Read More... from Oil Contributes $43 Billion to State Economy
News |
Voices of Watford City Aims to Tell the Other Story
Watford City is getting a lot of national media coverage these days and a few folks in town have gotten tired of the stories that have a political agenda. They’ve decided to take control and start telling their own story through a[...]
News |
Hoeven & Heitkamp Push for Online Sales Tax Collection
Our North Dakota Senators are signed on to a bill that would require online retailers to collect sales tax. The hope is the bill would balance the playing field for brick and mortar stores. John Hageman writing for the Fargo Forum provides[...]
News |
Meth rising: Bakken a new market for organized drug crime
Methamphetamine use is on the rise in Western North Dakota. It’s a case of where the money goes, the drugs follow. Nadya Faulx writing for the Dickinson Press covers the topic in a in-depth article. [...]Read More... from Meth rising: Bakken a[...]
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News |
Smithsonian Channel to Air Docu-series about Bakken Oil Boom
The series is called ‘Boomtowners” and will air six one-hour episodes starting April 26th. It’s about the daily lives of people who work in the North Dakota oil patch. [...]Read More... from Smithsonian Channel to Air Docu-series about Bakken Oil Boom
News |
Filter Socks Found in Williston
More than a hundred filter socks were discovered sitting on a trailer at an oil-field service company in Williston. The socks had very low-level radiation and it is believed there was no risk of dangerous exposure. [...]Read More... from Filter Socks Found[...]
Commentary |
Google Could Start Shuttling People in Self Driving Cars This Year
News: Google may let the public start using their self-driving cars in small trials as early this year. Commentary: This technology is closer than you realize. Know someone who makes a living as a driver? Tell them they should start game-planning their[...]
News |
Pipeline Company Didn’t Use Remote Sensors Before Blacktail Creek Spill
From the article, “The investigation into the spill is still ongoing, but Helms estimates the pipeline was leaking for more than 12 days before the rupture was discovered Jan. 6.” [...]Read More... from Pipeline Company Didn’t Use Remote Sensors Before Blacktail Creek[...]
News |
Lab chemists play large role in Dakota Prairie Refining
The science behind the refining process is the key to success at one of North Dakota’s newest refineries, and it’s the job of scientists to help the facility meet the high industry standards. Get the details in this informative piece from the[...]
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News |
Dalrymple Signs Surge Funding Bill
Governor Dalrymple made it official this afternoon. The surge funding for the oil-impacted west is on the way, construction projects will be able to get underway this spring. The bill includes $32 million for Minot. The full news release from the Governor’s[...]