04.23.15

ND Legislature changes state's oil tax distribution formula

The North Dakota Legislature has endorsed a change to a formula used to distribute oil and gas production tax revenue. The fund currently sets aside 75 percent to the state and 25 percent to local governments.

 

03.02.15

Why $100 Oil Won't Be Coming Back for a Long Time

A growing consensus is emerging from the likes of BP Plc, the International Energy Agency, shale wildcatters and even the Saudis that a near-term recovery to $100-a-barrel crude isn't in the cards. Instead, expect a range of $50 to $60 for at least the next few years.

 

12.19.14

Oil and gas in North Dakota, the year in review

If North Dakota were its own country, it would be the 19th largest oil producer in the world.

 

11.19.14

See Who Voted For the Keystone Pipeline, and Who Didn't

U.S. Senate Roll Call Votes on S.2280 ("A bill to approve the Keystone XL Pipeline.") November 18, 2014, 05:55 PM. YEAs: 59, NAYs: 41. Alphabetical by Senator Name:

 

11.14.14

Republican-controlled House passes legislation approving the Keystone XL oil pipeline

Congress inched closer Friday to a possible showdown with President Barack Obama over the Keystone XL oil pipeline as the Republican-controlled House approved the project. Supporters in the Democratic-run Senate predicted they will get the 60 votes needed to pass it next week

 

10.01.14

Fracking Good Times: North Dakota Tops U.S. Income Gains

North Dakota leads the nation in personal income growth. No other state even comes close.

 

07.22.14

What is Frac Sand?

This special sand is one of the keys to producing oil and natural gas from tight shale formations.

 

06.19.14

N.D. oil production hits 1 million barrels per day

North Dakota now produces 1 million barrels of oil per day, joining an elite club that includes Texas, Alberta and 19 countries.

 

05.29.14

Study: Crude exports yield big economic benefits for North Dakota

Washington, D.C., May 29, 2014 - A new state-by-state analysis shows that North Dakota could add up to 23,787 jobs and $2.06 billion to the state economy in 2020 if federal restrictions on U.S. crude exports were lifted, said API Vice President for Regulatory and Economic Policy Kyle Isakower.

 

03.24.14

US manufacturing is coming back - Thank shale

The U.S. shale boom is beginning to ripple outward to American cities. The shale mining industry's rising demand for materials and equipment along with the abundance of cheap fuel are fueling a modest renaissance in American manufacturing, according to a report prepared by IHS Global insight for the U.S. Conference of Mayors.