Fracking Rule Would Hurt ND Income, Jobs, State says

New federal regulations on fracking on federal land will cost North Dakota $300 million a year in oil income and as many as 1,900 jobs. The State of North Dakota is joining a few other states in a federal lawsuit challenging the law.

Read & Share   sourced from: InForum

Iceland Put Bankers in Jail Rather Than Bailing Them Out — and it Worked

The bailout of the America’s big investment banks seven years ago has proven to be a controversial decision. At the time, the concept was sold to us as ‘we don’t have a choice’, but Iceland did, in fact, make some different choices — and the world did not end. This article on the tactics used

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Company Launches Experiment to Re-use Oil Drilling Waste

Each well drilled in the Bakken generates 26 semi-truck loads of waste known as drilling cuttings. Now, Nuverra Environmental Solutions is one of three companies that will be working to make this waste material safe for use in infrastructure projects like roads.

Read & Share   sourced from: Oil Patch Dispatch

The Hidden Economic Rules Behind Tinder, Marriage, Kidneys, and College Admissions

Underlying many of the decisions we make on a daily basis, there are economic principles at work. This article introduces you to the guy who wrote the book — literally — on a principle called matching markets and it’s more a part of your life than you realize.

Read & Share   sourced from: Quartz

North Dakota Refuses to Flinch as OPEC Keeps Output High

  Last week OPEC decided to stick with the status quo and let producers keep producing. Meanwhile, local producers say the downturn in prices is forcing producers to get efficient and will ultimately lead to stronger, healthier oil production industry.

Read & Share   sourced from: Reuters

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Sandpiper Pipeline Receives ‘Certificate of Need’ Permit

The Minnesota Public Utilities Commission granted a certificate of need permit to Enbridge. This permit certifies the need to move oil via pipeline. The next piece of the equation is the routing permit which is expected to take several more months.

Read & Share   sourced from: InForum

Watford City Mayor: Rents Beginning to Drop

Housing supply is catching up with housing demand and as a result prices are dropping. Watford City Mayor Brent Sanford says 300 new apartments have put downward pressure on rents, in some cases by as much as $1,000 a month.

Read & Share   sourced from: Bismarck Tribune

Williston: Full Speed Ahead For New Airport

Williston doesn’t just need a new airport terminal, they need a new airport location, and the $250 million project is pushing ahead in spite drop in oil prices.

Read & Share   sourced from: Williston Herald

OPEC Lets the Market Determine the Price of Oil

The Organization of the Petroleum Exporting Countries’ meeting on Friday was a mix of tradition and modern chaos, as the cartel decided to stick to production levels. Here’s video from the Wall Street Journal.

Read & Share   sourced from: Wall Street Journal

EPA’s Fracking Analysis: Something For Everyone

The news around North Dakota yesterday was that the EPA’s fracking analysis declared fracking safe for drinking water. But for those who oppose fracking, they found what they wanted in the report too. Here’s the analytical coverage of the media coverage.

Read & Share   sourced from: Forbes

Charge added in ND Human Trafficking Case Against Man Featured in ‘Overnighters’

‘The Overnighters’ is a feature length documentary about a Williston pastor’s work housing homeless men during the height of the Bakken oil boom. One of the men featured in the film has become a glaring example of recidivism.

Read & Share   sourced from: InForum

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It's the free, easy way to stay informed about what's happening in Minot, and it helps support independent local news and journalism.

Minnesota Artist Capturing Bakken Transformation in Paint

The landscape of Western North Dakota is changing with the growth of the oil industry, and for one Minnesota painter that transformation is an opportunity to paint. Get the story on the work of artist Joe Burns from the Wahpeton Daily News.

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Former North Dakota U.S. Attorney Speaks on Human Trafficking

Former North Dakota U.S. Attorney Tim Purdon spoke back on April on the issue of human trafficking and the challenges it creates for law enforcement. It’s a uniquely informed perspective on a problem that we shouldn’t be ignoring. The presentation took place in April, and the video was published by the North Dakota State Historical

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AG’s Opinion Says North Dakota has Discretion on Abandoned Wells

  Like it or not, derelict oil wells are going to be a part of our future burden, so this opinion by the Attorney General is an important one. His finding clarifies some cases for when the state can step in and act on behalf of a surface owner.

Read & Share   sourced from: Grand Forks Herald

Law Enforcement Agencies Join Forces, Plan New Tactics to Fight Organized Crime

  With the boom of people and money, we’ve also added crime. But law enforcement officials are aware of the problem and are organizing forces and tactics to better address one of the bigger problems — organized crime.

Read & Share   sourced from: Bismarck Tribune

Watford City: Law Enforcement Center Gets off the Ground

  Mckenzie County is spending $100,000 a month to house prisoners in jails around the region because they do not have the capacity. That will soon change with the groundbreaking of a new law enforcement center.

Read & Share   sourced from: Bismarck Tribune