WASHINGTON, D.C. (KVRR) — North Dakota Republican Sen. John Hoeven is sworn in for his third term along with fellow election winners including John Fetterman of Pennsylvania. Vice President Kamala Harris was the first woman to preside over opening day in the Senate as she swore in new senators. Hoeven says the 118th Congress needs to focus on addressing the…
BISMARCK – A new report from the North Dakota Department of Mineral Resources shows the state’s oil production has dipped below 1 million barrels a day. North Dakota pumped about 900,600 barrels of oil each day in April, a decrease of 20% from the previous month. The state’s all-time high in oil production came in November 2019 when the state…
DICKINSON, N.D. (KVRR) — Riley Kuntz is an oil worker from Dickinson and he says he wants to send Sen. John Hoeven back home. “I know most of you probably have no idea who I am and that’s for a couple of reasons: I enjoy my privacy and I’m not even a politician,” Kuntz said in a video posted to…
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…
BISMARCK, N.D. – A former North Dakota oilfield executive whose false claims about his company’s value resulted in more than $886 million in shareholder losses has been sentenced to three years in federal prison and ordered to pay back $406 million. The government had asked for a 20-year sentence for 61-year-old Joseph Kostelecky before his sentencing hearing. Kostelecky, of Dickinson,…
BISMARCK, N.D. (KVRR) – North Dakota Gov. Doug Burgum says President Biden’s plan to release millions of barrels of oil from the Strategic Petroleum Reserve “does little to reduce prices at the pump and ease the burden on hardworking Americans.” Biden announced Thursday that he’s ordered the release of about one million barrels of oil each day for six months….
WASHINGTON – President Biden is ordering the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months in a bid to control energy prices. Those have spiked as the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine. The White House says Biden will make the formal announcement…
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…
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…
WASHINGTON – President Biden has decided to ban Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine, according to a person familiar with the matter. The move follows pleas by Ukrainian President Volodmyr Zelenskyy to U.S. and Western officials to cut off the imports. Energy exports have kept a steady influx of cash flowing…
