oil Archives - Page 7 of 10

Both Sides Fill Hearing For Enbridge Energy’s Northern Minnesota Replacement Pipeline

The pipeline would replace the deteriorating Line 3 crude oil pipeline

June 18, 2018

TJ Nelson,

ST. PAUL, Minn. — Passions ran high as Minnesota regulators opened a key hearing on whether to approve Enbridge Energy’s proposal for a pipeline replacement across northern Minnesota. The pipeline would replace the deteriorating Line 3 crude oil pipeline. A crowd that was about evenly divided filled the hearing room this morning in St. Paul. People held signs outside reading,…

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

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

May 24, 2018

TJ Nelson,

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…

Superior, WI oil refinery fire extinguished, Evacuations remain in place

April 26, 2018

KVRR Staff,

Courtesy: Fox 21 DuluthUPDATE at 7:40 PM Thursday (AP) – Authorities say a smoky refinery fire that forced many residents of Superior, Wisconsin, to evacuate is out. Douglas County officials posted an update Thursday evening saying the fire is extinguished but asking residents in the evacuation area to stay away from their homes for at least another two hours. An explosion…

ND oil patch hiring is on the rise

April 9, 2018

Alison Voorhees,

If you’re looking for a job, a recent report shows jobs are steadily increasing in the oil patch. Job Service North Dakota found that job openings in Divide, McKenzie and Williams counties were at their highest level last month since July 2015. The three counties have a significant need for health care professionals and teachers. But that’s not all. More…

Bill Would Allows Loans Out Of Legacy Fund For Roads And Bridges

Two Republican Minot Lawmakers Proposed The Legislation

March 4, 2018

TJ Nelson,

BISMARCK, N.D. — Part of North Dakota’s oil tax savings account could be used to make low-interest loans to communities facing big and expensive infrastructure projects. Backers of the Republican drafted legislation want to use up to 15 percent of the Legacy Fund’s principal every two years for projects such as flood protection and water systems. Two Minot lawmakers are…

North Dakota Exports Last Year Worth $2 Billion

This amount was an increase of 5.6% over 2016

February 21, 2018

TJ Nelson,

BISMARCK, N.D. — North Dakota exported more than $2 billion worth of products last year, excluding oil, which is a 5.6 percent increase over 2016. The state’s export growth was led by soybeans and machinery, including bulldozers, tractors, combines and farm implements. The value of machinery exports grew from almost $687 million to $757 million. Canada, Australia and Ukraine increased…

Men Sentenced for Shutting Down Keystone Pipeline

Seattle man sentenced to one year in prison and Vermont man sentenced to probation

February 6, 2018

Alison Voorhees,

BISMARCK, N.D. — An environmental activist from Seattle has been sentenced to one year in prison for targeting an oil pipeline in North Dakota. Michael Foster in October 2016 cut through a chain link fence near Walhalla and turned a shut-off valve on the Keystone Pipeline. He was convicted last October of conspiracy, criminal mischief and trespass but acquitted of…

Price of Gas Hits 28-Month High

Average price for a gallon of gas in North Dakota is $2.54

January 24, 2018

Alison Voorhees,

FARGO, N.D. — If you’ve filled up at the pump recently, you’ve probably noticed the higher prices. The average price for a gallon of gas in North Dakota has hit a 28-month high. The statewide average is $2.54. In Fargo, the highest price is $2.45 at Casey’s and the lowest is $2.24 at Fleet Farm and Sam’s Club. The key…

Oil Production in North Dakota Increasing

Ness says a task force is being convened to help speed up infrastructure development

January 16, 2018

TJ Nelson,

NORTH DAKOTA — Oil production in North Dakota is increasing amid rebounding oil prices and technology advances. But officials say the infrastructure needed to capture the natural gas byproduct isn’t keeping up. North Dakota Petroleum Council President Ron Ness says some oil drillers are cutting output to meet gas capture rules so they won’t be sanctioned by the state….

NTSB Releases Details Behind 2015 BNSF Derailment in Heimdal

At least 30 people living in Heimdal were forced from their homes after the six-car derailment in May of 2015

January 12, 2018

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HEIMDAL, N.D. — The NTSB has released what they think caused a 2015 train derailment that caused the evacuation of a small North Dakota town. Investigators say they found evidence of a broken wheel and a mark on the track that indicates the wheel caused the derailment. They found pieces of the wheel at the scene and say workers had…