North Dakota oil production is outpacing the ability to efficiently move the product to market, causing producers to take deep price cuts at a time when national gasoline prices are on the rise, the U.S. Department of Energy said.
Enbridge Energy Partners LP will make an additional $145 million investment in North Dakota to expand crude oil capacity and add a rail car loading facility to accommodate the additional volume, the company said Tuesday.
So much prosperity is flowing from oil wells there that it's spilling into neighboring states, with a growing number of Minnesota companies and workers sharing the lucrative oil field contracts and wages.
The Obama administration said today that applications for oil wells and ancillary facilities in two national grasslands areas of North and South Dakota will be among 14 U.S. infrastructure projects to be expedited through permitting and environmental review processes.
Dorgan: Don’t deny impacts of boom or dismiss concerns over fracking The nation’s oil and gas industry is hoping to soften its public image and deflect mounting criticism from environmentalists over “fracking” and management of drilling sites.
Officials say an investigation into an oil well explosion in North Dakota that killed two workers will center on whether the men should have been wearing fire-resistant clothing under a federal safety policy that has drawn criticism from some drilling companies.
Hearings are being held this week in the six states the pipeline route would cross. North Dakota is not one of them, but Montana is. North Dakota's Industrial Commission says the pipeline could carry Williston Basin oil to downstream markets.
Sheriff's offices in McKenzie, Williams, Mountrail and Dunn counties all have investigated thefts of skid-steer loaders at job sites. McKenzie County Sheriff Ron Rankin said he wonders if thieves are selling the machines out of state.
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