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.)

Continue reading