The following article was written by Toby Madden reprinted from the Fedgazette, a publication of the Federal Reserve Bank of Minneapolis. “Economy is looking good, business has picked up,” commented a small South Dakota accounting firm. This comment reflects the sentiments of architects, engineers, graphic designers, market researchers, management consultants and other professional services firms
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Tribal leaders on the Fort Berthold Reservation are taking the law into their own hands. They’ve formed the West Segment Regulatory Commission, a five-member board that intends to regulate things like oil drilling, background checks, and drug testing. Full story from the Associated Press.
Read & Share sourced from: Associated Press
A study commissioned by American Petroleum Institute highlights the positive economic impacts well-crafted regulatory policy would have on the energy industry, the economy, and jobs. And conversely, it finds that bad regulatory policy will reduce jobs, tax revenue, and economic activity.
Read & Share sourced from: Bakken Magazine
The make-up of Bakken crude oil (light compared to crude oil from other sources) creates some added set-up costs for refineries that want to switch to processing it, but for one St. Paul refinery investing in that added capability has been a smart move.
Read & Share sourced from: Star Tribune
FR clothing which is shorthand for fire resistant. And the boom in oil, means a boom in oil workers, which means a boom in FR clothing. Get the story on a new industry booming from growth in an old industry by Inside Energy.
Read & Share sourced from: Inside EnergySubscribe to Today in Minot!
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How do you know when something is news and a no brainer? When Heidi Heitkamp and Rob Port are on the same side of an issue.
Read & Share sourced from: Say Anything Blog.com
If you’re living in the oil patch, little things like a hilltop with a good cell phone signal — so you can hook up to the digital world — are valuable assets. Jessie Veeder, a Watford City musician, writer, and rancher offers her perspective on oil patch paradox.
Read & Share sourced from: AGWEEK
There are laws in place that prevent those with modest incomes from investing in start-up companies like Facebook and Google once were — before they go public. We’ll be talking about this concept more this week, but this is known as a ‘barrier to entry’.
Read & Share sourced from: Quartz
A lightning strike on a well-site fiberglass tank led to a brine spill last week. It’s the third such spill in the last year involving fiberglass tanks. More details from the Williston Herald.
Read & Share sourced from: Williston Herald
Speaking at the U.S. Energy Information Administration Energy Conference, Senator Hoeven noted the impact that well-formulated regulatory policy has had on the economic growth of North Dakota.
Read & Share sourced from: Bakken.com
The National Association of Royalty Owners will be meeting in Minot this week. The group works to educate mineral owners on their rights and provides resources that help when negotiating a lease. The conference is Thursday and Friday at the Grand Hotel.
Read & Share sourced from: Grand Forks HeraldSubscribe to Today in Minot!
It's the free, easy way to stay informed about what's happening in Minot, and it helps support independent local news and journalism.
There’s some clear left-leaning agenda in this article from Wired, but it’s not just the typical hit piece. The writing is well cited and raises awareness and points out a few risks that any who support the practice should be aware of and working to mitigate.
Read & Share sourced from: WIRED
A proposed pipeline across Lake Sakakawea is on the event schedule for the Public Service Comission. A formal hearing will be held in Stanley on August 21st regarding the pipeline proposed between Keene and Palermo. Details from the Grand Forks Herald.
Read & Share sourced from: Grand Forks Herald
Mike Rowe of Dirty Jobs fame has a knack for finding the nugget in a story or encounter and putting it in relatable terms. It’s no doubt the reason his television shows are so popular. In the short piece below, he summarizes his chance encounter with a young capitalist and ends up a firm believer
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The financial state of North Dakota is strong right now with more than $3.2 billion in the legacy fund, and the manner in which that money is managed and invested is helping it grow. But as always, it’s a delicate balance between risk and reward.
Read & Share sourced from: KMOT News
The Devils Lake City Commission voted unanimously to enter a developerment agreement with Eagles Ledge Energy to bring a 20,000 barrel per day refinery to the West side of the city. The agreement will be a financial boon to city coffers, but some residents have concerns.
Read & Share sourced from: WDAZ