Can you imagine paying $150,000 for a prize breeding bull? To the layperson that might seem excessive, but with perfect history on genealogy and great data on the quality of the end product — steak — ranchers can better predict and capture a premium price. Get the full story on how analytics is changing the
Read & Share sourced from: Bloomberg
As the price of oil rebounds and activity in North Dakota picks up, few believe we’ll return to Minot’s circumstances of 5 years ago. But what if we did? What if the oil boom came back? What steps would we take today to ensure the downside after our boom wasn’t as dramatic as we’ve recently
Read & Share sourced from: Bloomberg
Nothing moved North Dakota’s economy over the last 10-years like oil development and even with the slow down of the past few years, energy still has a massive impact on our economy, our communities, and our government budgets. All that makes us heavily dependent energy price fluctuations and those are prices that move on large,
Read & Share sourced from: Bloomberg
Minot recycling has been a contentious topic of late, and for those who support the effort, there are few reasons worthy of a delay. But circumstances far beyond Minot are wreaking havoc on the pillar of American environmentalism and forcing environmentalists to think differently about the practice. And one problem that’s been identified may surprise
Read & Share sourced from: Bloomberg
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 story on the trade-offs that may result from fighting a trade war. It’s
Read & Share sourced from: Bloomberg
We love the economic impacts of oil development, but we’re still getting a handle on some of the environmental impacts, saltwater spills being one of the most significant. A USGS report on the full environmental impacts of oil development in the Bakken is coming later this year. Until then, this article is a great primer
Read & Share sourced from: Bloomberg
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 & Share sourced from: Bloomberg
The popular story right now is the low oil prices and the bust cycle of the oil industry, but if you’re listening closely, there are a few telling different tale. Are we witnessing a market adjustment? Yes. Is the sky falling? Not according to this report.
Read & Share sourced from: Bloomberg
The oil spill has been stopped, but it is believed that as much as 1,200 barrels of crude oil were released — much of it going into the Yellowstone River.
Read & Share sourced from: Bloomberg
It looks like there will be some softening of oil export restrictions. The result may allow U.S. produced oil to enter the global markets. It’s a small bit of good news for producers during the downward price plunge.
Read & Share sourced from: Bloomberg
The video below offers some pundit commentary on oil prices and the where the Bakken sits in the global picture. Do we have any local producers reading? What do you think? * Advertising delivered by outside content producer.
Read & Share
Follow the link for the story. Check the comments for the one-line editorial delivered by user Hardened Cynic who states, “These guys are riding a rocket and have no idea where they are going.”
Read & Share sourced from: Bloomberg