North Dakota became the latest state to discuss the idea of issuing government-mandated production cuts following the recent oil price collapse amid the coronavirus pandemic and COVID Shutdown. Regulators received a mix of views on the issue, with many stating they would prefer to leave the decision to the market […]
At a hearing of the Senate Energy and Natural Resources (ENR) Committee this week, Senator John Hoeven secured support for North Dakota’s energy priorities with Mark Menezes, the nominee to serve as Deputy Secretary of Energy. The senator urged Menezes to work with him in helping maintain the nation’s oil […]
Alliant Energy customers in Wisconsin are now receiving energy from the newly constructed West Riverside Energy Center. The 730-megawatt, highly efficient, combined-cycle natural gas generating station is located near Beloit, Wisconsin. During construction, more than 1,000 jobs were created and millions of dollars spent to support Wisconsin businesses. The generating […]
Gov. Doug Burgum and U.S. Senator John Hoeven met with President Donald Trump at the White House, highlighting the benefits of state-federal partnerships to North Dakota’s COVID-19 response and recovery efforts and the need for continued federal support to fully execute the state’s testing strategy. During the White House meeting […]
U.S. Senator Kevin Cramer (R-ND) issued the following statement on the Department of Energy releasing a Request for Proposals (RFP) to purchase up to one million barrels of sweet crude oil for delivery to the Strategic Petroleum Reserve (SPR): “I appreciate this effort by Secretary Brouillette, especially the focus on small to […]
The Oil and Gas Division of the Department of Mineral Resources has scheduled a special hearing to address the oil price that constitutes waste pursuant to North Dakota Century Code § 38-08-02(19); the consequences of determining that waste is occurring, and what relief may be appropriate and necessary to prevent […]
North Dakota Attorney General Wayne Stenehjem filed an amicus brief last week that opposes a possible ruling to vacate the easement granted by the Army Corps of Engineers for the Dakota Access Pipeline. Such a ruling would effectively shut down the 570,000 bbl/day crude oil pipeline. Judge James Boasberg issued […]
According to CNBC, oil prices reversed gains and turned positive on Monday after Saudi Arabia’s energy minister said the kingdom aims to provide additional voluntary cuts in an effort to support global markets. Brent crude futures gained 26 cents to trade at $31.23 per barrel, U.S. West Texas Intermediate crude […]
Great River Energy (GRE), a not-for-profit wholesale electric power cooperative providing power in Minnesota and Wisconsin, announced plans to retire its 1,151-megawatt (MW) coal generating power plant, Coal Creek Station, in Underwood, N.D., during the second half of 2022. “We are disappointed that Great River Energy has decided not to […]
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