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!
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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
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
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: InForumSubscribe to Today in Minot!
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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
Read & ShareEach 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
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
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
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