BISMARCK, N.D. – North Dakota’s Department of Mineral Resources says the state’s oil production remained flat in February. The agency says the state produced an average of 1.08 million barrels of oil daily in February, up about 580 barrels than in January. The February tally is the latest figure available. There were 38 drill rigs operating in North Dakota on…
BISMARCK, N.D. – The same stronger-than-forecast oil prices that are swelling North Dakota’s treasury also could shrink dollars for road construction next year. Oil is used for road construction and making asphalt. The state Department of Transportation already has approved 174 contracts for road, bridge and other projects this year that total $350 million. Officials say bids on those projects…
GRAND FORKS, N.D. – A UND professor says three main factors are impacting North Dakota’s current economy: Coronavirus, the oil price war and the potential for spring flooding. Since North Dakota reported its first case of Coronavirus on March 11th, there have been more than 19,000 unemployment claims. The state saw around 23,000 unemployment claims for all of 2019. According…
