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

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

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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

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

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School Expansion in Alexander

Just another sign of the times in the oil patch. It’s a $17 million dollar expansion for classrooms, a gym, a cafeteria and other improvements.

Read & Share   sourced from: KX News

Capturing the Value of the Bakken’s Natural Gas

An informative look at the Bakken’s growing natural gas industry and investment companies looking convert the resource into bankable assets.

Read & Share   sourced from: Star Tribune

Lisa Ling of CNN Reporting on ‘Women Pioneers’ in the Patch

The show airs tonight at 9 p.m. on CNN and focuses on stories of women in the oil patch and Williston.

Read & Share   sourced from: InForum

Bismarck Tribune Bakken Recap: First LNG Plant Opens

A first-of-its-kind liquid natural gas plant opens in Tioga, lots of Watford City students are considered homeless, a growing number of spills, and rising crime — these are topics of a Bakken recap.

Read & Share   sourced from: Bismarck Tribune