The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.» Read More
WASHINGTON, May 17- Unemployment rates dropped in 43 out of the 50 U.S. states and in the District of Columbia in April from a year before, according to Labor Department data released on Friday. A handful of states, including Illinois, Delaware, Indiana, Wisconsin, Mississippi and New Hampshire saw their jobless rates rise over the year.
With a talking-point imbroglio after Benghazi, the IRS's discriminatory practices and the Justice Department's procurement of Associated Press phone records, the Obama administration and its allies are right to be worried. The past few years have proved that dysfunction in Washington has almost no effect on America's attractiveness to investors.
LONDON, May 14- "With Africa's economies riding the crest of the global commodities wave, there is an unprecedented opportunity to convert the region's vast resource wealth into investments that could lift millions out of poverty," former United Nations secretary-general Kofi Annan argued in an opinion piece in the New York Times.
BISMARCK, N.D.-- Bobcat Co. is investing $20 million in an expansion and renovations in Bismarck, about 3 1/ 2 years after closing its manufacturing plant and laying off nearly 500 workers.
CHICAGO-- U.S. Supreme Court Justice Ruth Bader Ginsburg says she supports a woman's right to choose to have an abortion, but feels her predecessors' landmark Roe v. Ginsburg, one of the most liberal members of the nation's high court, spoke Saturday at the University of Chicago Law School.
NEW YORK/ WASHINGTON, May 12- When David Pendery, a corporate public relations specialist, decided to move his family from Colorado to Illinois this year for work, his biggest worry was whether he would be able to sell his home quickly. It took just three days.
In 2004, the average adjusted income in these sparsely populated rural communities was just under $41,000- putting them behind the rest of the state and well behind Texas and California. By 2009, however, averaged adjusted income in the four-county area had leapt to $66,000, far ahead of the rest of North Dakota, Texas and California.
NEW YORK, May 9- Shipping crude oil by rail has alleviated capacity constraints in the oil-rich Bakken shale in North Dakota, the chairman and chief executive of Continental Resources said on Thursday.
GRAND FORKS, N.D.-- State and local leaders in North Dakota announced Thursday plans to build a new $1.5 billion nitrogen fertilizer production facility northwest of Grand Forks. Jack Dalrymple and Grand Forks Mayor Michael Brown were joined by others in announcing that Northern Plains Nitrogen intended to build the new facility.
*Soybeans firm as processors seek crushing supplies. *Corn lower, drags wheat down. Even though it is wet this week, I suspect you have people looking forward to better planting weather next week, "said Mike Krueger, president of the Money Farm, a crop advisory service near Fargo, North Dakota.
*Soybeans firm as processors seek crushing supplies. *Corn lower, drags wheat down. Soybeans were the lone bright spot in the grain complex.
LONDON, May 8- North Dakota's leading oilfield operators hope to squeeze much more oil from its shale formations by drilling wells closer together- a bold experiment that could raise ultimate recovery by billions of barrels if it succeeds.
CALGARY, Alberta, May 7- Enbridge Inc, Canada's largest pipeline operator, said it shut its 210,000 barrel-per-day North Dakota pipeline for the second time in less than a week after finding contaminated soil during integrity checks. Enbridge estimates 2 barrels of oil leaked from the line. Enbridge says the two oil leaks were not related.
CALGARY, Alberta, May 7- Enbridge Inc, Canada's largest pipeline operator, said it shut its 210,000 barrel-per-day North Dakota pipeline for the second time in less than a week after finding contaminated soil during integrity checks. Graham White, a spokesman for the company, said in an email the line was shut on Monday after the discovery.
HOUSTON-- Shares of EOG Resources Inc. surged Tuesday after the oil and gas producer reported a 53 percent jump in first-quarter profit, easily beating analysts' expectations. The company credited refinements in its technique for completing wells in the Eagle Ford oil field of south Texas.
NEW YORK, May 07 Fitch Ratings has assigned a' BBB+' rating to Xcel Energy Inc.' s new 0.75% $450 million issuance of senior unsecured notes due May 9, 2016.
By John Kemp LONDON, May 7- No one has ever seen an oil field. Typically buried thousands of feet below the surface, oil fields are like a sponge saturated with a mixture of oil, water and gas, rather than the underground cavern most people imagine when they think about oil and gas reservoirs.
NEW YORK, May 6- The CME Group intends to launch at least two new U.S. crude oil futures contracts before the end of this year, as the rapid growth in U.S. oil production and infrastructure boosts liquidity in Gulf Coast spot markets.
Faulty equipment has led to patients being burned or exposed to too much radiation, Jeffrey Shuren, director of the FDA's center for devices and radiological health, said in an interview.
Jack Dalrymple has declared the first full week of May North Dakota Tourism Week. The governor says tourism is one of the state's leading industries and is an important part of the state's growing economy. Dalrymple says tourism week is a good opportunity to showcase the state and its people.