How oil helped save North Dakota’s largest coal-fired power plant

It’s not that long ago that the news regarding Coal Creek Station was dire. The plant South of Minot was going to close; the 650 jobs it delivered would go with it. But thanks in part to resources and financing opportunities made possible by ND’s Legacy Fund, the plant was able to secure a new

Read & Share   sourced from: Dickinson Press

Bakken Energy’s plans for Beulah hydrogen hub fizzle

For now, the project between Basin Electric and Bakken Energy to deliver a hydrogen hub near Beulah is shelved; negotiation between the two companies has ended. The State Industrial Commission had been a big supporter of the project, and the situation leaves the state with a likely $4.5 million loss in grant dollars previously awarded.

Read & Share   sourced from: Bismarck Tribune

Creighton University’s Mid-America Economy Survey Releases December Results, Economic Confidence Waning

Creighton University produces a monthly economic report for nine states they have defined as middle America. The survey looks at economic indicators like production, inventories, employment, delivery lead times, prices, etc and puts them all together into a score. In December, that aggregate score dipped below ’50’ indicating we’re looking at some economic contraction. The

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North Dakota leaders to remind Minnesota not to regular inter-state commerce

North Dakota’s Industrial Commission is made up of Governor Burgum, Ag Commissioner Doug Goehring, and Attorney General Drew Wrigley. They met on Wednesday, and among the items they considered was proposed Minnesota legislation requiring electricity consumed in Minnesota to come from non-carbon bearing production methods. The Industrial Commission acted to draft a letter reminding Minnesota

Read & Share   sourced from: InForum

Minnesota businesses get creative amid worker shortage

From pet insurance to flexible scheduling, business owners in Minnesota are innovating out of need, and the need is to adapt and survive amidst a challenging market for employees. It matters in Minot because our economy and businesses are facing the same pressures, so any ideas we can take from other places is worth a

Read & Share   sourced from: MPR

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North Dakota partners with O’Leary Ventures on direct investment program

Bismarck, ND — The North Dakota Department of Commerce announced today that the North Dakota Development Fund (NDDF) selected the nationally acclaimed generalist venture capital investment platform, O’Leary Ventures (OLV) as a partner to manage a $45 million direct investment program aimed at bolstering economic growth throughout the state. “North Dakota takes pride in being

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Dollar Stores Are the ‘Fastest-Growing’ Food Retailers In US, Study Finds

Food is one of those items we all need. But in communities across the country, access to fresh, local grocery stores is increasingly difficult to find. The trend is measurable, and the food source making up the difference — dollar stores. The problem is, food at dollar stores don’t carry fresh food. The second problem

Read & Share   sourced from: Vice

Farm Group Asks FTC to Investigate Egg Price Collusion

If you’ve been to the grocery store in the past few months, you’ve likely noticed the price of eggs. In a short period of time, the price of a dozen ‘Grade A’s has skyrocketed. The U.S. Department of Agriculture blames the avian flu, but a national farmers’ advocacy group wants an FTC investigation into possible

Read & Share   sourced from: Public News Service

Jamestown’s Loyal to Local Passport Program Tracks More Than $130,000 in Sales

The idea is simple. When dollars are spent at local businesses, they continue to circulate in the local economy and get spent again and again. It’s a program and idea common across small towns and cities. In Jamestown, the program is called ‘Loyal to Local’; it’s run through the Chamber of Commerce, and they’re doing

Read & Share   sourced from: News Dakota

Hess Announces 2023 Capital Budget, Bakken Investment Remains Strong

NEW YORK–(BUSINESS WIRE)–Jan. 24, 2023– Hess Corporation (NYSE: HES) today announced a 2023 Exploration & Production capital and exploratory budget of $3.7 billion, of which more than 80% will be allocated to Guyana and the Bakken. Net production is forecast to average between 355,000 and 365,000 barrels of oil equivalent per day in 2023. Bakken net production is forecast to

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North Dakota Airline Boardings Returning to Pre-COVID Levels

North Dakota’s commercial service airports finished calendar year 2022 with a statewide total of 1,028,159 airline passenger boardings. This is a growth of 141,350 passengers and a 16% overall increase from calendar year 2021. All eight commercial service airports were able to provide services to more passengers in 2022 than they did in the previous

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Is New Technology Making Used Wind Turbine Blades Recyclable?

Not that long ago, a story popular in certain political circles was pointing out the challenge that comes with landfilling and disposing of wind-turbine blades at the end of their lives. With over 60,000 turbines across the country, and blades more than 100 feet long, it’s no small problem. But fast forward a couple of

Read & Share   sourced from: Cedar Rapids Gazette

U.S. Approves First Small Modular Nuclear Reactor, Beginning New Era for Atomic Energy

Nuclear energy is back. Well, it never really went away, but a new wave of small reactors is on the horizon, and the design that drives them was recently approved by the U.S. Nuclear Regulatory Commission. It’s just the seventh reactor design approved for use in the U.S. and what makes it different is its

Read & Share   sourced from: Vice

U.S. Greenhouse Gas Emissions Went Up Again in 2022

In spite of widespread efforts to curb them, U.S. greenhouse gas emissions continue to grow. The Federal government has set a reduction goal to 50% of the 2005 levels by 2030. To achieve that goal, the U.S. will need to average a 5% annual reduction between now and then. Why does it matter in Minot?

Read & Share   sourced from: Scientific American

North Dakota rancher creates leatherwork ranging from functional to fashionable for clients across U.S.

A SW North Dakota rancher has turned a passion for working leather into a successful side business. It’s a story of quality workmanship, the use of new technology to reach an audience wider than the one in Bowman County and embracing product ideas outside the norms. Get the full story on a small business making

Read & Share   sourced from: Dickinson Press

North Dakota Development Fund approves $870K for Q4 2022

The North Dakota Department of Commerce announced today that two companies were approved for a total of $870,000 in loan funds through the North Dakota Development Fund (NDDF) during the fourth quarter of 2022. “Businesses across North Dakota continue to thrive due to the state’s favorable business climate, which not only encourages start-ups and expansions

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