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As oil prices fall, ND budget officials mull impact

November 10, 2014 in Uncategorized

FARGO – As North Dakota Gov. Jack Dalrymple works on a budget for the next biennium, he’ll have to assume that less money will be going into state coffers because of falling oil prices.

When the Office of Management and Budget’s advisory com…continue reading on thedickinsonpress.com

As oil prices fall, ND budget officials mull impact

November 10, 2014 in Uncategorized

FARGO – As North Dakota Gov. Jack Dalrymple works on a budget for the next biennium, he’ll have to assume that less money will be going into state coffers because of falling oil prices.

When the Office of Management and Budget’s advisory com…continue reading on thedickinsonpress.com

Bakken production surge boosts Hess quarterly profit

October 29, 2014 in Uncategorized

Oil and gas producer Hess Corp. posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota’s booming Bakken shale formation.
The company said it was watching oil prices closely and may change it…continue reading on thedickinsonpress.com

Bakken production surge boosts Hess quarterly profit

October 29, 2014 in Uncategorized

Oil and gas producer Hess Corp. posted a better-than-expected quarterly profit on Wednesday as production jumped and costs fell in North Dakota’s booming Bakken shale formation.
The company said it was watching oil prices closely and may change it…continue reading on thedickinsonpress.com

EIA chief: Oil prices would hit $150 a barrel without US shale

September 24, 2014 in Uncategorized

WASHINGTON — If U.S.-led attacks knock out oil fields controlled by Islamic State militants, petroleum from the American drilling boom could make up for any shortfall on global markets, a report released by a Republican senator said on Wednesday.
continue reading on thedickinsonpress.com

Oil hits 9-month high at $115 a barrel: Record comes on heels of Iraqi conflict

June 19, 2014 in Uncategorized

NEW YORK — Brent crude hit a nine-month high of more than $115 a barrel on Thursday as the United States said it would send military advisers to Iraq, raising concerns about the escalating conflict.
Government forces continued to battle Sunni mili…continue reading on thedickinsonpress.com

Emerging markets creates economic optimism

November 16, 2011 in Grand Forks Herald

Data issued today point to an economy growing slowly but steadily. Still, surging oil prices and a possible European recession threaten to drain the economy’s momentum. Continue Reading

Oil prices recover after positive U.S. jobs report

May 6, 2011 in Grand Forks Herald

Oil prices recovered after the U.S. government said the economy added 244,000 jobs in April. The hiring spree last month was the biggest in five years. That could mean more people using gas to drive to work. Continue Reading

Gas prices increase 14 cents in a week in North Dakota

March 7, 2011 in Grand Forks Herald

Average retail gasoline prices in North Dakota have increased 14.3 cents per gallon the past week, averaging $3.50 today. Nationally, prices have increased 12.6 cents per gallon to $3.47, according to gasoline price website NorthDakotaGasPrices.com. Continue Reading

Airfares on the rise amid surging fuel prices

March 7, 2011 in Grand Forks Herald

Delta, American Airlines and Southwest Airlines have all hiked fares as fuel prices continue to increase. Jet fuel prices have risen more than 50 percent in the past year to more than $3 a gallon. Continue Reading