Senator John Hoeven (R-ND), chairman of the Senate Committee on Indian Affairs, today issued the following statement after the Senate passed bipartisan legislation he introduced to cut red tape and remove barriers to tribal energy development. The Indian Tribal Energy Development and Self-Determination Act Amendments of 2017, which has 7 […]
A bipartisan Congressional Ports-to-Plains Caucus has been formed, and inducted as a Congressional Member Organization for the 115th Congress. This Caucus will serve as an informal group of Members dedicated to issues related to rural transportation and rural economic development in America’s Heartland, with a focus on the corridor running […]
The following is a report from the U.S. Energy Information Administration In North Dakota’s Bakken region, the ratio of natural gas production relative to crude oil, known as the gas-oil ratio, has been gradually increasing since 2008 and has increased at a faster rate since 2014. More than 90% of […]
In the latest installment of The Weekly Bakken Get Together, host Jason Spiess sits down with U.S. Senator John Hoeven to discuss: Energy development in the Bakken Comments on North Dakota Governor’s challenge to oil and gas Quality of life increases in the Bakken How energy is driving ND’s entrepreneurship […]
Farmers and ranchers take home just 11.4 cents from every dollar that consumers spend on their Thanksgiving dinner meals, according to the annual Thanksgiving edition of the National Farmers Union (NFU) Farmer’s Share publication. The popular Thanksgiving Farmer’s Share compares the retail food price of traditional holiday dinner items to […]
The following are latest numbers, stats and comments from the North Dakota Department of Mineral Resources. Data was compiled during August 2017. Oil Production August 33,768,855 barrels = 1,089,318 barrels/day September 33,213,127 barrels = 1,107,104 barrels/day(preliminary) (all-time high was Dec 2014 at 1,227,483 barrels/day) 1,054,991 barrels per day or 95% […]
One of the more under-told stories of the Bakken right now is the change in housing. A few years ago media outlets across the country were lined up to compare the Bakken’s housing prices to Manhattan and Beverly Hills, CA. Well times have changed and so has the Bakken housing, […]
Energy Media Group which manages a number of energy related news sites (Bakken.com) and The Crude Life, a digital, radio and print network dedicated to telling the story of the Bakken are bringing their audiences and resources together to create a comprehensive platform for energy related news, content and advertising. […]
Whiting Petroleum Corporation (NYSE: WLL) announced that, following approval of the reverse stock split and authorized share reduction by Whiting stockholders at a special meeting of stockholders earlier today, Whiting’s Board of Directors determined to effect the reverse stock split of Whiting’s common stock at a ratio of 1-for-4. The […]
Recently, President Donald J. Trump joined Energy Industry Executives, members of Congress, and Cabinet Officials at the Department of Energy to deliver remarks on unleashing America’s boundless capacity for energy production. “We’re here today to usher in a new American energy policy,” he declared. The President explained that his focus […]
The Western Dakota Energy Association recently had their annual meeting in Dickinson, ND. Here are a few newsworthy notes from their annual meeting. Helms: This is a Five-Generation Play North Dakota’s chief oil industry regulator expects the state’s production will grow in the next few years, and will continue for […]
Bill Davis, USDA Rural Development Acting State Director, announced that two cooperatives will receive $46 million in loan funding for rural electric infrastructure improvements to increase capacity and meet the demand for services in the North Dakota. “This significant investment will help develop and maintain modern, reliable electric infrastructure needed […]
The Sustainability Consortium (TSC) announced that ExxonMobil Chemical Company has joined as a top-tier member, joining over 100 TSC members working on creating more sustainable products for a more sustainable planet. TSC translates the best sustainability science into business tools that are used all over the world to create more […]
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