BNN is a Canadian Business News television network. In this short video piece, you get some intelligent commentary on the state of oil prices and what can be expected over the next few months. [...]Read More... from Commentary: Oil Prices from a[...]
Tag: Oil & Gas
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It’s the Dollar, Not the Price of Oil, Pushing Boom & Bust Cycles
If you’re up for some economic analysis this morning, John Tamny at Forbes offers up some commentary on what the real culprit is when it comes to oil price swings and the resulting market expansion and contractions. [...]Read More... from It’s the[...]
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Where Do the Rigs Go?
As oil prices have dropped, so has the rig count, but where do all the inactive rigs go? It turns out that the law sets a few restrictions on where and for how long. Full story from the Dickinson Press. [...]Read More...[...]
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Revised Forecast Predicts $4 billion Drop in N.D. Oil and Gas Tax Revenue
Legislators will be working off a newly revised revenue forecast as they plan the budget for the next biennium. Lower oil prices and a lower tax rate for oil producers (as a result of the lower prices) will result in $4 billion[...]
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Harold Hamm Comments on Oil Prices and Industry Cut Backs
You’ve heard the pundits comment on the state of the oil boom, but here’s your chance to listen to the guy who’s been more successful than anyone by investing his own money in the Bakken. Spoiler, he’s not betting on a bleak[...]
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Breakeven Targets, Future ND Production in Low Oil Price Reality
There’s no shortage of oil-price and effect prognosticators these days, but there are few with legitimate inside knowledge. This report from The Bakken Magazine outlines some market realities and offers some good commentary, and it’s based on solid information. [...]Read More... from[...]
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Crosby, The National Media and Oil Prices
The latest national media attention comes from this article from Reuters which focuses on the nuances of drilling near Crosby — outside the sweet spot, and the effects of the dropping oil prices. [...]Read More... from Crosby, The National Media and Oil[...]
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ND Oil Could Face Higher Taxes on the West Coast
Oil that arrives Washington and Oregon refineries via ocean tanker is taxed differently than oil that arrives via train. Lawmakers in both states are looking at revising that policy to add more money for managing issues resulting from increased oil-by-train activity. [...]Read[...]
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U.S. Easing of Oil Export Restrictions Challenges OPEC’s Strategy
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 More... from U.S.[...]
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Saudi Arabia Says it Won’t Cut Oil Output
The quote from Saudi Oil Minister Ali al-Naimi, “The best thing for everybody is to let the most efficient producers produce.” As the world’s largest oil exporter, Saudi Arabia’s actions are a significant contributor to global oil prices. [...]Read More... from Saudi[...]
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Falling Oil Prices Have Attention of State Legisators
Legislators are watching carefully and wondering if falling oil prices will trigger a reduction in the amount of the oil extraction tax… an event that would have a significant effect on two-year budget. [...]Read More... from Falling Oil Prices Have Attention of[...]
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Industrial Commission Approves Stricter Oil Shipping Standards
The new regulations are designed to reduce the volatility of Bakken crude. The new rules take effect April 1st. Get the details on the new restrictions in this informative article. [...]Read More... from Industrial Commission Approves Stricter Oil Shipping Standards
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Commentary on Oil Prices
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 More... from Commentary[...]
Curio |
A Quick Article on Understanding Oil Prices
Oil prices have been a big part of the national conversation lately, and here at home the consequences of price changes are ever present. Get a quick look at some of the basic factors that contribute to oil prices in this short[...]
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Oil Production Thoughts and Commentary
While production is still going up, the rig count is decreasing, but the ongoing story is the price of crude and speculation on when we reach the bottom. Lynn Helms discusses these and other issues facing the industry in this short clip[...]
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