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…

Xcel Energy Fined After 2019 Fire At Senior Living Facility

North Dakota Public Service Commission says gas was leaking and wasn't vented properly

FARGO, N.D. — Xcel Energy will pay a $12,000 fine for a natural gas leak that led to an explosion and fire at Riverview Place in Fargo. The fire broke out January 4, 2019 at the senior living complex and damaged four of the 24 apartments. No one was hurt but the building was evacuated for several hours. North Dakota…

Motorists Save Money as Gas Prices Continue to Lower

North Dakota motorists are saving four cents per gallon compared to one week ago.

Fargo, ND–Motorists in North Dakota and across the country are paying less at the pump as gas prices continue to move lower. According to AAA, motorists are saving seven cents per gallon nationally, while North Dakota motorists are saving four cents per gallon compared to one week ago. Savings are even greater compared to one year ago when the National…

Gas Prices Start Rising In The FM Metro Following Hike In Oil Prices

AAA says the average for a gallon of gas in the FM metro is $2.11

FARGO, ND — You’ve probably noticed that gas prices are starting to rise in the metro. AAA says the average for a gallon of gas in the FM metro is $2.11. The statewide average is $2.20. The hikes follow a jump in oil and wholesale gasoline prices. Crude oil began the week trading at its highest price point of the year…

Gas Prices Are the Lowest of the Year in North Dakota

NORTH DAKOTA – November’s average gas prices in North Dakota were the highest in four years, but now people are filling their tanks with the lowest prices of the year. AAA numbers show the average price last month was $2.67 cents per gallon. That has dropped by 24 cents for December, the lowest prices since October of last year. $2.43 may…

Higher Crude Oil Prices Are Great News For North Dakota’s Bottom Line

oil and gas revenue is $323 million more than initial estimates

BISMARCK, N.D. — Oil and gas tax collections in North Dakota are running 25 percent above forecast due to rebounding crude prices. A report by the Legislature’s research arm shows oil and gas revenue is $1.6 billion for the current two-year budget cycle that began in July. That’s $323 million more than initial estimates. Oil prices are a key contributor…