Taking a Breath: Oil Slow Down Not All Bad

Maybe a slow down is just what we all need. The development and growth has come at such a furious pace that an opportunity to catch up might be just what we need. That’s the view of this editorial from the Dickinson Press.

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READ: ‘Roughnecks’ is the Story of North Dakota’s Last Oil Boom

It’s the fictional story of a real world participant in Western North Dakota’s 1980’s oil boom.

Read & Share   sourced from: Dickinson Press

Ministering to the Oil Boomers

Over the last month all the news about the oil boom has centered around the price of oil, but it’s easy to forget that what’s happening in North Dakota right now is just as much a human story. Here’s a nice piece from the NY Times perfect for the Christmas season.

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ND State Treasurer Introduces Website for Tracking State Dollars

— Official News Release — North Dakota State Treasurer Kelly Schmidt has launched a new website that is bringing greater transparency to the state’s operating fund and other government fund balances. The website, located at nd.gov/treasurer, displays the current operating fund balance on the home page. Additional operating fund information displays daily deposits, withdrawals and

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Bakken Breakout: The Weekly Breakdown

A refinery proposed in Stanley, booming building in McKenzie County, drunk weary police officers in Tioga, Berthold joins Enderlin in the fight against train waiting, and a more in this article compiled by Steve Andrist for the Bismarck Tribune.

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Ever Wondered How Fracking Really Works?

The video below is one of the better, animated explanations of the fracking process I’ve come across. It was produced by National Geographic and it accompanies a recent article on the effect of oil prices on the industry. If you’re not already sick of hearing about oil prices, here’s the article. Watch the video below.  

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Saudi Arabia Says it Won’t Cut Oil Output

The quote from Saudi Oil Minister Ali al-Naimi, “The best thing for everybody is to let the most efficient producers produce.” As the world’s largest oil exporter, Saudi Arabia’s actions are a significant contributor to global oil prices.

Read & Share   sourced from: Reuters

More Conflicts in State’s Oil Regulatory Model?

A dispute between a landowner and three oil companies over the reclamation and remediation process surrounding salt water injection wells has forced the State into the awkward position of being both adjudicator and defendant in the same case.

Read & Share   sourced from: Dickinson Press

More competing for jobs in the Oil Patch

In the oil patch, it used to be… show up and you’re hired, but the prospects for job-seekers are becoming a bit more competitive as employment supply catches up the job market demand.

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Quick Action Being Taken on Oil Patch Highways to Prevent Accidents

In response to a number of recent fatal accidents in the oil patch,  the Department of Transportation will act quickly to add interim traffic lights in several locations on both U.S. Highway 85 and state Highway 23.  Get details from the Dickinson Press.

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New York on its Way to Completely Banning Fracking

The state of New York is taking a slightly different attitude towards fracking then we are here in North Dakota. Starting next year, Governor Cuomo’s administration will move to completely ban fracking within the state of New York.

Read & Share   sourced from: Vox

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Lynn Helms Talks Oil Prices, Rig Counts, & Flaring

In his monthly industry report, the Department of Mineral Resources director gave his frank opinion on the impact dropping prices will have on drilling activity and a progress report on meeting our flaring goals. It’s excellent coverage form Forum News Service’s April Baumgarten.

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Watch Out: Signs of Financial Abuse

Forgery, scams, and financial abuse are on the rise, and it’s often the elderly who fall victim. Check out this short segment from KMOT News to learn what to watch for.

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Another National Media Portrait of Life in North Dakota

The article is less judgmental than the recent New York Times articles and raises questions that deal more with how we’re handling the boom on a forward-looking cultural level. Included are vignettes on Watford City, Bismarck, and Fargo that outline ideas and issues for each.

Read & Share   sourced from: Vox

Health Department Proposal Revises Policy on Storage of Radioactive Oil Field Waste

In shaping the proposal the Department of Health reached out to the Argonne National Laboratory in Illinois to help make a determination of what is safe for landfill workers. The new plan would allow larger landfills to accept radioactive waste with a permit.

Read & Share   sourced from: Grand Forks Herald

Bismarck High Dance Team Loses $12,000 to Embezzlement

Just a reminder that with our clubs and organizations, one of our first priorities should be managing the finances in such a way so as to eliminate the temptation.

Read & Share   sourced from: KMOT