north dakota oil

Value of North Dakota oil rises as Iran war upends markets

Nathan Anderson, director of the North Dakota Department of Mineral Resources, and Justin Kringstad, director of the North Dakota Pipeline Authority, provide their monthly briefing on the state of North Dakota’s oil and gas landscape on April 21, 2026. (Photo by Jacob Orledge/North Dakota Monitor)BISMARCK, N.D. (North Dakota Monitor) — North Dakota oil shipped on the Dakota Access Pipeline is…

Oil Production is Down in North Dakota

With room for improvement, the state has not received federal leases since 2016

BISMARCK, N.D. (KVRR) – As gas prices continue to rise, oil production has steadily decreased in the state of North Dakota and the United States. With the Biden administration’s ban on drilling permits and hydraulic fracturing on federal lands, North Dakota could miss out on at least $570 million over the next 15 years. That’s according to the state’s Department…

Energy Economists Warn NDIC To Vote No On ND Oil Production Cuts

They warn forcing producers to cut production will not stabilize prices for producers.

BISMARCK, N.D. – The North Dakota Industrial Commission will vote tomorrow on if the state should mandate production cuts for oil producers. Economists are warning them to vote no. They warn forcing producers to cut production will not stabilize prices for producers. They also say storing oil is not a financial issue for North Dakota producers, as they already utilize…