Senators Hoeven and Heitkamps Comments of Keystone Vote

The Keystone pipe failed to gain approval in the senate yesterday; the vote came up one short of the required 60 it needed for approval. It was expected that President Obama would have vetoed the bill, but the work will continue.

Read & Share   sourced from: Bismarck Tribune

Meet Mark Fox, Newly Elected Tribal Chairman

The election was only a couple weeks ago, but Three Affiliated Tribes Chairman Mark fox already has the tribe on new paths. Perhaps the most important one… walking more towards responsible oil development and away from the seeming gold rush development mentality.

Read & Share   sourced from: Dickinson Press

Oil Production Thoughts and Commentary

While production is still going up, the rig count is decreasing, but the ongoing story is the price of crude and speculation on when we reach the bottom.  Lynn Helms discusses these and other issues facing the industry in this short clip from KMOT News.

Read & Share   sourced from: KMOT News

ND Ports Looking to Add Container Services, Woo’s BNSF

October 26th and 27th North Dakota Port Services hosted a meeting between importers and exporters and BNSF with the hopes of convincing the railroad to add container services at the Minot location.

Read & Share   sourced from: Bakken Magazine

Fed Says Long-Term Rates May Exceed Forecasts

Follow the link for the story. Check the comments for the one-line editorial delivered by user Hardened Cynic who states, “These guys are riding a rocket and have no idea where they are going.”

Read & Share   sourced from: Bloomberg

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Bakken Trucks Are Often Hauling Heavy

This shouldn’t come as a surprise to anyone, but it is a good piece on one of the less reported challenges we face in the Bakken. The article calls out incentives to misbehave and difficulties with enforcement.

Read & Share   sourced from: Star Tribune

Keeping an Eye on Traffic

Bonnie Campo talks with Jim Redding of the North Dakota Department of Transportation on the increase of traffic in the state and how we’re dealing with it.

Read & Share   sourced from: KX News

Fear the Boom and Bust Cycle?

John Maynard Keynes and H.A. Hayek — two guys you’ve probably never heard of, both economists, one of which has had an enormous impact on the way our government operates. Take five minutes, it’s an informative and entertaining video.

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Higher Taxes (Price) Equals Less Consumption

Raising taxes (i.e. prices) on cigarettes will result in decreased consumption, but a modestly surprising additional effect is a corollary decrease in beer and liquor consumption.

Read & Share   sourced from: The Washington Post

400 Barrel Fracking Water Spill in Bowman County

— Official News Release, ND Dept. of Health — BISMARCK, N.D. – The North Dakota Department of Health (NDDoH) has been notified of a 400 barrel spill of water used for enhanced oil recovery at a well owned by Denbury Onshore in Bowman County approximately six miles south of Marmarth. The spill reached an unnamed

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Enbridge Pipeline Slowed Down in Minnesota

A proposed oil pipeline will be slowed down to explore alternative routes through Northern Minnesota. The Minnesota Public Utilities Commission denied a motion by Enbridge that would have expedited approval of the pipeline’s route.

Read & Share   sourced from: Grand Forks Herald

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Flaring: Satellite Imagery of Western North Dakota

This is an older story, but it deserves to be in place to help contextualize the next article from the Williston Herald. Take a quick peek, the pictures will give you the most sense of the issue.

Read & Share   sourced from: NPR

Flaring: Are We Wasting a Valuable Resource

It’s one of the big questions in the oil field, and you only have to look at a satellite image of Western North Dakota to get the idea that we must be burning a lot of gas, and money.

Read & Share   sourced from: Williston Herald

Oil Field Pipelines: Problems & Solutions

The Greater McKenzie County Stewardship Group that will meet at 7:30 Thursday at the Watford City Civic Center. The goal is to organize and begin working on solutions to a myriad of problems.

Read & Share   sourced from: Bismarck Tribune

UND Adds Petroleum Engineering Program

The program will graduate ten students this year, but with 278 students enrolled graduation numbers are expected to grow sharply. The program has had no difficulty placing students into jobs.

Read & Share   sourced from: Williston Herald