Lawmakers Studying Tax Economic Development Tax Incentives

State legislators are going to take a look at long-standing tax incentive policies to see if the laws are being used and delivering the intended results. Opinion: Well done! It’s good to take a look back once in a while to see how things are working.

Read & Share   sourced from: Bismarck Tribune

Abandoned wells and cleanup issues beginning to surface

With the oil (and thus money) flowing not quite as much, the ND Industrial Commission is starting to hear complaints of well sites that are abandoned without reclamation. Amy Dalrymple has the story on what will likely become a growing problem.    

Read & Share   sourced from: Oil Patch Dispatch

Is the State Doing Enough to Prevent Oil Spills?

News broke last month that the pipe responsible for the largest oil and saltwater spill in North Dakota history likely leaked for more than three months. It forces us to ask: is our regulatory policy incentivizing spill prevention? Rob Port takes on the issue in this story.

Read & Share   sourced from: Say Anything Blog.com

How One Boomtown Is Trying To Outsmart A Bust

Few towns in the heart of the oil boom have felt the pressure of growth as much as Watford City. And now, more than a year into the downward trend, the city is starting to evaluate the success of some of it’s post-boom policy planning.

Read & Share   sourced from: Inside Energy

Oil drilling rig count at 58 and still falling

The active rig count dropped to 58 on Monday, and there are three more rigs that will shut down after completing their current well. It’s the lowest rig count since 2009. More from Amy Dalrymple writing at Oil Patch Dispatch, a Forum Communications blog.

Read & Share   sourced from: Oil Patch Dispatch

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Blacktail Creek Spill: Pipeline Allegedly Leaked for More Than 3 Months

It’s been almost a year since the discovery of a saltwater and oil spill on Blacktail Creek near Williston. In the days after the discovery, we learned that it was likely the largest spill in North Dakota history.  And now, as the state’s investigation draws to a close, we are starting to draw some conclusions

Read & Share   sourced from: Oil Patch Dispatch

Minot Sales Tax Collections Trending Down Against 2014 Totals

Through August of this year, Minot sales tax collections continued to show growth when compared to 2014 monthly and year-to-date numbers, but a steep decline in September and October collections suggest the Minot is likely to end the year with little or no revenue growth overall. The City of Minot budgeted for $11,500,000 per 1-cent

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50 Percent Off A College Education? Not Such A Good Deal After All

The skyrocketing cost of tuition has pushed some colleges into the arena of competitive pricing and discounting, but in an industry heavily subsidized through federal programs, it’s creating some funny economics.

Read & Share   sourced from: NPR

National Media: North Dakota’s Oil Boom in the News

The latest national media piece on the oil boom presents a complicated picture of life in the North Dakota oil patch. It touches on the pioneering spirit, the problems that accompany growth, and a places of opportunity. It’s worth a read.

Read & Share   sourced from: The Guardian

In The Bakken Oilfield, An Explosion In Electricity Demand

The present oil slowdown notwithstanding, electricity demand in North Dakota has grown significantly over the past decade and particularly in the Bakken region. And the increase in consumption has created challenges for utilities tasked with powering the region.

Read & Share   sourced from: Inside Energy

Despite Political Obstruction Pipelines Have Caught Up With Rail In North Dakota

In a mix of commentary and news, Rob Port at Say Anything Blog.com points out that in spite of opposition to pipelines, we’re now transporting as much oil out of state by pipeline as we are by rail.

Read & Share   sourced from: Say Anything Blog.com

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NDUS launches Oil, Energy Educational Initiative

The program is called Bakken U: Energizing through Education and the goal is to encourage oilfield workers to head back to school while the industry is in a slow period. More or the story from Anna Burlson writing for the Grand Forks Herald.

Read & Share   sourced from: Grand Forks Herald

Small-business Savvy: Building the Local Small-business Community

When it comes to economic development, it's the small businesses that deliver the most sustainable impact through the ups and downs of the economy.

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Unlikely allies Minn., N. Dakota Work Together on Clean Energy

New E.P.A. regulations on emissions will create a compliance headache for many of our state’s coal-fired power plants. This article from the Star Tribune provides some helpful background on what is a bewildering topic.

Read & Share   sourced from: Star Tribune

Former Bakken Businessman in Murder-for-hire Attempted Prison Escape

ABC will a premiere a television series this fall called Blood and Oil said to be loosely inspired by the events of the Bakken oil boom.  If the producers have seen this story, they’re no doubt they’re chomping at the bit to make art imitate life.

Read & Share   sourced from: WDAZ

Looking in on North Dakota’s ‘Hands Off’ Approach To Pipeline Reclamation

Journalist Kevin Killough takes a closer look at North Dakota’s regulatory environment regarding pipelines, especially those that are serving the Bakken region. His conclusion — taking a partnership approach rather than an adversarial one has served the state well.

Read & Share   sourced from: Say Anything Blog.com