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North Dakota

Government and Politics, Podcast

Columbia Energy Exchange: Byron Dorgan

The 2016 elections come at a transformative time for energy and the environment, with major decisions faced by the next president and Congress having far-reaching implications for the world. In the second episode of a two part series on the elections and what they mean for energy and environment policy, host Bill Loveless sits down with former Democratic Senator Byron Dorgan who spent 30 years in the U.S. House and Senate representing North Dakota. During their talk, Bill and Byron discussed: Priority energy and environmental issues facing the new president and Congress; Prospects for changes in Congress that will make it possible to reach bipartisan agreement on energy and environmental legislation; The inherent conflicts between the need to curb emissions and to promote development of oil and natural gas resources in the U.S.; Differences between a Clinton and Trump presidency when it comes to energy and the…

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Article, Economy / Finance, Energy, Government and Politics

Dude! Oil industry in ‘hang 10’ mode on low prices

North Dakota is about as far from an ocean and surfing as any place in the U.S. So why would a North Dakota energy official use a popular surfing term, “hang ten,” to describe the condition of his state’s oil industry? “You have to find the right wave, and generally it’s a big wave,” Lynn Helms, the director of the North Dakota Department of Mineral Resources, said the other day, sounding like a surfing aficionado. (Read more.)

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Article, Energy, Government and Politics, International

Trump’s take on oil, OPEC? N.D. speech may offer details

As is the case with most of his policy stands, Donald Trump has spoken only generally about how he thinks Washington should treat energy production in the U.S., expressing strong support for the oil, natural gas and coal industries, and promising to cut funding for what he sees as excessive regulation. But this week in North Dakota, the presumptive Republican nominee for president may reveal more about his views on promoting domestic energy, and perhaps take another shot at Saudi Arabia, the leader of the Organization of the Petroleum Exporting Countries (OPEC). (Read more)

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Article, Economy / Finance, Energy

Oil industry problems, prospects keenly felt in N. Dakota

Oil prices have rallied lately, but not enough to convince U.S. oil producers that hard times may be over soon. That’s evident in shale regions like North Dakota that have driven a resurgence in U.S. oil and natural gas production over the last few years. Lynn Helms, the director of the North Dakota Department of Mineral Resources, told reporters the other day that producers won’t begin to ramp up activity until they see oil prices holding steady at more than $40 a barrel for 90 days or so. (Read more)

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Article, Economy / Finance, Government and Politics

8 states take a big budget hit due to falling oil prices

It’s no surprise that the slump in oil prices, now 20 months old, is taking its toll on states that are particularly dependent on oil production to balance their budgets. But the impact is becoming clearer than ever, especially when you factor in steep declines in natural gas and coal prices over the same period. A new report from the Rockefeller Institute of Government at the State University of New York suggests growing trouble for the eight states where oil, gas and mining account for 10% or more of gross domestic product. (Read More)

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