UND NEWS UND online MBA program highly ranked
According to Online MBA Report the schools online MBA program ranks among the top schools nationally and regionally.
The University of North Dakotas online Master of Business Administration (MBA) pro... Posted on 2/1/16 at 10:27 AM
STAFF BLOG MONKE BUSINESS Dickinson hotels were half empty in 2015
Dickinson hotels were about half-full in 2015, according to year-end average data obtained by the Dickinson Convention and Visitors Bureau on Wednesday.
Terri Thiel, exective director of the Dickinso... Posted on 1/20/16 at 7:00 PM
SOCIAL SECURITY: INFORMATION & UPDATES Is your W-2 form correct?
Soon we will start receiving W-2 forms for 2015. Rather than just tossing it on the table until needed for completion of your taxes, make sure your W-2 is correct now.
It is important that your name ... Posted on 12/31/15 at 9:05 AM
BLUE CROSS BLUE SHIELD OF NORTH DAKOTA A look at the history that drives Midwest Motor Express
If you were a store keeper in Bismarck nearly a century ago, chances are you would have received freight deliveries from Snyder's Dray and Transfer hauling. The mode of transportation was horses and... Posted on 10/1/15 at 8:57 AM
STAFF BLOG OIL PATCH DISPATCH Cash Wise opens in Watford City
WATFORD CITY, N.D. Cash Wise Foods has opened in Watford City, the first tenant in a commercial development by Minneapolis-based Oppidan Investment Co.
The 130,000-square-foot development at highways... Posted on 7/25/13 at 1:06 PM
YAKIMA, Wash. -- A trial next month in Washington state will lay out the twisted details of a Bakken oil patch operator who was allegedly obsessed with killing people he believed had wronged him in oil and drug business deals.
Lauren Donovan, Bismarck Tribune
September 23, 2015
RURAL KEENE, N.D. — Thousands of acres of scorched earth northwest of Keene are evidence of how quickly an oil well flare fire can damage ranch grass and miles of fence line.
It’s also evidence, at least in this case, how quickly an oil company can step up to mitigate the damage done.
WILLISTON, N.D. – North Dakota oil production fell 1.2 percent in February, the first time since 2011 that the state has seen back-to-back drops in monthly oil production.
Low oil prices have prompted operators to postpone bringing new wells online, a trend that’s expected to continue until June, Director of Mineral Resources Lynn Helms said Tuesday.
The state produced an average of just under 1.18 million barrels of oil per day in February, according to preliminary figures. At the end of February, there were a record 900 wells waiting for fracking crews, an increase of 75 from the previous month, Helms estimates.
Production is expected to decline by 1 or 2 percent for the months of March, April and May. But on June 1, a state tax incentive known as the “large trigger” could take effect and contribute to an increase in production.
BISMARCK, N.D. – House lawmakers voted 91-1 Tuesday to enhance the regulation of gathering pipelines, but language that would have required leak-detection technology was stripped from the bill.
House Bill 1358 builds on what lawmakers approved two years ago when the state first decided to begin regulating more than 20,000 miles of gathering pipelines that transport oil, saltwater and other liquids.
KEENE, N.D. – Local officials point to a natural gas flare as the likely cause of a grass fire that scorched about 3,000 acres in McKenzie County this week.
McKenzie County Emergency Manager Karolin Rockvoy and Keene Fire Chief John Rolfsrud both attribute the fire that started about 2:30 p.m. Tuesday to a nearby oil well that was flaring.
DICKINSON, N.D. -- Large signs posted on the sides of apartment buildings or staked on patches of grass, reading "rooms available" and "for rent," are prevalent at many Dickinson complexes.
The signs are a representation of tenants leaving because of the oil slowdown, which has slashed jobs and cut employee hours.
WILLISTON, N.D. – Low oil prices prompted North Dakota oil production to drop 1.2 percent in February to just under 1.18 million barrels per day, the Department of Mineral Resources said Tuesday.
Operators are postponing completion work because of low oil prices, Director Lynn Helms wrote in his monthly update.
Drilling on hold, but couple still seeing enough traffic
FORTUNA, N.D. – When an Arizona couple opened up a bar and dorm-style lodging for oilfield workers last year in far northwest North Dakota, the bar was packed and the rooms were booked solid.
But as low oil prices prompted drilling to slow in the fringe areas of the Bakken like the Fortuna area in Divide County, many of their customers left the region.
The number of rooms being rented in the renovated Fortuna school building they call the Old School Center is down by about half from before Christmas. The bar – they named it the Teachers Lounge – still has some busy nights, but they now order 40 to 45 cases of beer from one vendor instead of 88.
Cities rely on past experiences to navigate drop in oil prices, but some feel the effects more than others
DICKINSON, ND.-- As oil production wanes and prices fall, communities across the country are feeling the effects -- either directly or indirectly -- of the latest industry slowdown.
From Alaska to Texas, oil hubs have adopted measures to weather the volatility of the crude industry -- but while some cities have had to trim budgets and put projects on hold, others say they have yet to see any major impacts from the slowdown.
Even Dickinson, on the fringes of the Bakken, hasn’t been immune. Communities across western North Dakota have had to adjust to lower-than-anticipated state funding after amendments were made to both a surge bill to speed up projects in the Oil Patch this year and the oil tax formula bill.
DICKINSON, N.D. -- For about six months after moving to Dickinson in August, Djorboah Mensah had good work at a Dickinson motel, cleaning rooms often filled with oilfield workers by the block.
But as oil prices dropped, companies laid off employees, and fewer and fewer workers needed places to sleep. Mensah lost his job in January.
"When it picks up they will call me," he said.
BISMARCK, N.D. – Public input sessions are scheduled next week on a Montana-Dakota Utilities request to increase natural gas rates.
MDU proposes to increase rates by 3.4 percent, costing an average residential customer $3.50 more per month.
The increase would generate $4.3 million in revenue annually. The company says the rate increase is needed to cover the cost of increased investment in natural gas facilities, which is projected to be $212 million by the end of this year.
“The bottom line is to provide safe and reliable service,” said MDU spokesman Mark Hanson.
DICKINSON, N.D. -- A group of concerned residents packed into a Stark County Courthouse conference room Tuesday morning to express their disapproval of a proposed wind energy project.
The emotional reactions from residents is a result of a proposal from Dickinson Wind LLC, a subsidiary of NextEra Energy Resources LLC of Connecticut, which has requested the Stark County Commission to approve 87 wind turbines that would stretch across Interstate 94 from Gladstone to Richardton in southwest North Dakota.
BISMARCK, N.D. – A bill designed to return a bigger share of oil tax revenue to counties, cities, schools and townships unanimously passed the Senate on Monday after Republicans rejected an amendment by Democrats to boost the local share if oil production increases.
The Democrats’ “contingency” amendment to House Bill 1176 would have sent 40 percent of the production tax revenues to political subdivisions in oil-producing counties in the second half of next biennium if average daily oil production hit 1.2 million barrels a day by February 2016.
“Instead of surging once every two years to catch up with the needs that have accumulated and grown out of hand, this contingency amendment really does coalesce around that bipartisan principle … to address the needs in real time,” said Senate Minority Leader Mac Schneider, D-Grand Forks.
WILLISTON, N.D. – New rules for conditioning Bakken crude oil take effect today, but will they improve the safety of transporting crude by rail?
The industry and state regulators say yes.
Critics say no.
And a scientist researching the issue says we don’t know yet.
So how is the public supposed to make sense of it all? We’ll try to break it down.
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