January 9, 2015

 
In This Issue
Dalrymple:
State of the State Addresses Future Energy Concerns...
Plans approved for Elkhorn Ranch gravel pit in the Badlands...
Association opposes bill to add state oil impact authority...
Lawmakers Get a Lesson in Oil and Ag Prices...
Grants considered to fund oil patch solutions...
North Dakota Geology Makes it Safe for Fracking...
Wrigley explains east-west connections of North Dakota economy at Chamber event...
Bakken oil quoted at $36 a barrel, 5-year low...
Richardton, Tioga tapped for new wind projects...
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Dalrymple: Lower oil prices may slow growth, but won't stop it
   
North Dakota is "stronger than ever," and depressed oil prices shouldn't prevent the state from boosting tax relief and continuing the progress made on roads, housing and other priorities, Gov. Jack Dalrymple said Tuesday in his State of the State Address.

State of the State Addresses Future Energy Concerns

Falling oil prices have been a concern to producers as well as state legislators.

Plans approved for Elkhorn Ranch gravel pit in the Badlands

 

A plan to dig a gravel pit on the Elkhorn Ranch in the North Dakota Badlands that once belonged to former President Theodore Roosevelt will move forward.

 

Association opposes bill to add state oil impact authority.

 

North Dakota Association of Oil and Gas Producing Counties members voted to oppose a bill that would create a new authority for oil and gas region infrastructure planning Wednesday, saying an "oil and gas development strategic planning authority" could just lead to more bureaucracy and confusion.

 

Lawmakers Get a Lesson in Oil and Ag Prices
From oil to wheat and corn, this morning legislators get a financial lesson in North Dakota's 2 largest industries... oil and agriculture. 
Ag Reporter Sarah Heinrich was at today's House Finance and Tax Committee and has the story.

Grants considered to fund oil patch solutions

Monte Myers spotted a small pipeline leak near the Badlands from his helicopter in 2013 and was able to alert the operator. Companies may not always get that lucky, according to Myers.

North Dakota Geology Makes it Safe for Fracking

 

A recent ban on fracking in New York has many wondering about the practice widely used here in North Dakota.

For more information

Wrigley explains east-west connections of North Dakota economy at Chamber event.

 

Lt. Gov. Drew Wrigley peered through a borrowed pair of reading glasses and ticked off the price of oil over the past several months.
 

Bakken oil quoted at $36 a barrel, 5-year low 

The price of crude oil dropped again Monday, with West Texas Intermediate - the U.S benchmark price - briefly dipping below $50 a barrel for the first time in more than five years, according to The Associated Press.

 

For more information

Richardton, Tioga tapped for new wind projects
Basin Electric Power Cooperative plans to purchase 300 megawatts of power from two new wind farm projects in North Dakota.  One is the Dickinson Wind Energy Center, located near Richardton and developed by NextEra Energy Resources of Florida, and the second is the Lindahl Wind Project near Tioga, to be developed by Tradewind Energy of Kansas. Each project is 150 megawatts.  The Richardton project is expected to be online in 2015, while the Tioga project will go online in 2016.  Paul Sukut, Basin general manager, said the new wind projects will increase the cooperative's renewable energy sources to 1,400 megawatts, including wind agreements it signed in 2013.  "As we develop plans to meet our members' energy needs, we have not discounted any options that will keep our member rates low," Sukut said.
Source:   The Bismarck Tribune