News: Oil country eases into break from frantic growth   source: Star Tribune  

Did the oil bust in Western North Dakota? Though we all know it slowed down, it doesn’t seem like ‘bust’ is the correct description. And the same can be said for at least some of the outside media coverage of North Dakota’s new oil reality. This article is passed along to get a sense of what others are saying about us out here.

Summary by: Josh Wolsky

News: How Sweden is pushing toward the seemingly impossible goal of zero emissions   source: Quartz  

Our distant Scandinavian relatives have built themselves some pretty sustainable energy infrastructure, just 5% of Sweden’s energy comes from fossil fuels. But they’ve set an even higher goal — be 100% sustainable by 2045. And the problems they have to solve in order to get there and the manner in which they’re attempting to solve them is fascinating.

Summary by: Josh Wolsky

News: Bakken leads rig count increase   source: Bakken.com  

There are a lot of barometers we can use to measure the amount of activity taking place in the oil field and which direction it’s heading, and one of them is the rig count; that’s the number of active drilling rigs working in North Dakota. And the news is slanting slightly towards the positive. Last month the Williston Basin added three rigs. That said, industry experts warn that the […]

Summary by: Josh Wolsky

Business: Experts tell Fargo audience Bakken is set for a comeback   source: InForum  

The Fargo Chamber of Commerce hosted a couple Bakken-vested business leaders at recent breakfast gathering and the message they delivered was one ringing with optimism. Kathy Neset of Neset Consulting and Rob Lindberg, Director of Bakken Backers suggest the numbers tell the story, and it’s one still full of unrealized potential. In the Bakken, we’ve drilled around 13,000 of an expected 40,000 to 70,000 wells.

Summary by: Josh Wolsky

News: Simple oil field invention could save lives   source: Bismarck Tribune  

A Watford City welder with a good idea that makes the oil-field safer is taking his idea to an Innovation and Energy competition sponsored by Tioga’s Economic Development arm. But the idea is already in production and orders are coming in. Check out the story on the Bismarck Tribune.

Summary by: Josh Wolsky

News: ND Senate Approves Bill That Reduces Oil Spill Reporting   source: Oil Patch Dispatch  

A bill that wold reduce the reporting requirements on oil and produced-water spills continues to progress through the legislature. House Bill 1151 eliminates the requirement to report spills of less than 10 barrels (420 gallons) that are contained on a drill site. Amy Dalrymple provides a deeper look at the details at The Oil Patch Dispatch.

Summary by: Josh Wolsky

News: Pipeline System That Leaked At Risk Of Future Failures, Regulators Say   source: Oil Patch Dispatch  

Estimates of a pipeline spill from back in December are growing in size, and the early conclusions of regulators investigating the incident are increasingly troubling. Amy Dalrymple has the report on the Belle Fourche Pipeline spill that’s now estimated to have released approximately 530,000 gallons. The initial cause is believed to be slumping ground; it’s also possible that other sections of the system are at risk.

Summary by: Josh Wolsky

News: North Dakota oil output set to rise as controversial pipeline opens   source: Reuters  

The Dakota Access pipeline is in the process of coming online; it’s expected to save the local producers $540 million annually in shipping costs. The lower costs will make the oil field more competitive, and signs of growth are already on the horizon. The pipeline will have the capacity for 500,000 barrels per day; the $540 million translates from an expected savings of $3-5 per barrel.

Summary by: Josh Wolsky

News: Regulations rollback a relief for energy industry, worry for environmentalists   source: InForum  

President Trump is following through on his pledges to protect coal as one of our country’s vital energy sources; in the North Dakota coal industry, it’s a welcome reprieve. The regulatory rollback drew responses from many circles including North Dakota’s congressional delegation. Sam Easter has the story.

Summary by: Josh Wolsky

News: Dakota Access oil could flow by March 6   source: Bismarck Tribune  

With the political obstructions cleared by the Trump Administration and the #NoDAPL protest winding down, the construction of the pipeline under the lake has moved forward and is nearing completion. There are court proceedings still taking place, but a status report filed by Dakota Access indicates oil could be flowing as early as March 6.

Summary by: Josh Wolsky

Commentary: Congressman Cramer on the Dakota Access Easement Ruling   source: Wall Street Journal  

Congressman Cramer weighs in with an op-ed piece in the Wall Street Journal. He lays out the facts of the issue and lays the lawless outcome directly on the shoulders of President Obama.

Summary by: Josh Wolsky