GAS

Biden administration announces it will resume onshore oil & gas lease sales on federal land

WASHINGTON (CNN) – The Department of Interior announced Friday it planned to resume onshore oil and gas lease sales on federal land, with a higher royalty rate for companies to pay to the federal government. The Bureau of Land Management will issue sale notices on Monday for upcoming oil and gas projects. The Biden administration had previously planned to hold the…

Gas prices are surging with rising costs of oil

Prices at the pump continue to spike and there are no signs of them dropping anytime soon.

FARGO-MOORHEAD (KVRR)- Prices at the pump continue to spike and there are no signs of them dropping anytime soon. “We get very little of our fossil fuels from Russia so in terms of a national supply of fossil fuels this is going to have a minimal impact and so doing a minimal impact on Russia as well,” said Dr. David…

Sen. Cramer happy Biden banned Russian oil imports, says it should’ve happened sooner

WASHINGTON (KVRR) – North Dakota Senator Kevin Cramer says America shouldn’t help fund Russia’s war with Ukraine by buying their oil, especially because he believes America can produce enough of its own. “How would you tell a single parent in North Dakota they could soon see gas prices go up above $4 a gallon, that would you tell a single…

ND’s Lt. Gov wants to see increased oil production to help lower gas prices

BISMARCK, N.D. (KVRR) – The average price of an unleaded gallon of gas went up 20 cents in North Dakota and 23 cents in Minnesota Friday since Wednesday according to Gas Buddy. The average in Fargo-Moorhead is $3.59 per gallon with several stations in both cities selling fuel for $3.69. With troops invading Ukraine, and sanctions against oil powerhouse Russia, gas…

ND governor seeks to achieve carbon neutrality by 2030

BISMARCK, N.D. (KVRR) — Governor Doug Burgum announces an effort to make North Dakota carbon-neutral by the end of the 2030. The announcement came at the Williston Basin Petroleum Conference in Bismarck. Burgum says the state could gain an advantage by storing carbon by creating an enhanced oil recovery plan with carbon. Ron Ness, President of the North Dakota Petroleum…

$3 for a gallon of gas? Local expert says likely won’t happen in the Midwest

FARGO, N.D. (KVRR) — As gas prices steadily increase, $3 per gallon could become the national average in the next couple of months. However, Gene LaDoucer with AAA doesn’t believe our region will get there. After seeing almost daily increases for weeks, LaDoucer says prices are showing signs of stability. “Gasoline and oil futures have actually declined in the past…

Cramer, Hoeven, Armstrong condemn Biden for halting oil, gas leases

WASHINGTON (KVRR) – North Dakota’s congressional delegation is strongly criticizing President Biden for halting new oil and gas leases on federal lands. Biden signed executive orders to cut oil, gas and coal emissions and double energy production from offshore wind turbines. The orders aim to conserve 30% of the nation’s lands and ocean waters in the next 10 years. “President…