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North Dakota

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  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.

  • Nebraska jobless rate drops to 3.5 percent in June Friday, 18 Jul 2014 | 10:15 AM ET

    Nebraska, Utah and Vermont had the second-lowest rate in the nation last month, trailing only the 2.7 percent of North Dakota. The Nebraska Labor Department said the new Nebraska figure remained well below the preliminary national unemployment rate of 6.1 percent in June, which was two-tenths of a point below the revised May figure of 6.3 percent.

  • Railroads say up to 44 oil trains weekly cross NY Wednesday, 16 Jul 2014 | 11:25 AM ET

    ALBANY, N.Y.— As many as 44 trains a week, each loaded with at least a million gallons of volatile crude oil from North Dakota's Bakken region, move through upstate New York, according to documents released Tuesday by the state.

  • CSX optimistic long-term but predicts flat 3Q Wednesday, 16 Jul 2014 | 10:25 AM ET

    OMAHA, Neb.— CSX is optimistic about its long-term performance, but the railroad's profit during this quarter will likely be relatively flat. The company discussed its second-quarter results Wednesday after edging out Wall Street profit expectations.

  • COLUMN-The Big One: Russia's Bazhenov shale: Kemp Wednesday, 16 Jul 2014 | 7:02 AM ET

    LONDON, July 16- As U.S. and EU policymakers have imposed targeted sanctions on Russian individuals and firms in response to the crisis in Ukraine, Western companies have sought to insulate their own projects from the political imbroglio and continue developing the country's vast oil and gas resources.

  • WASHINGTON, July 15- The U.S. refining industry has not agreed to a deal reached by oil producers and railroads on improving the safety of oil tank cars, it said on Tuesday, suggesting a key piece of anticipated reforms remains unsettled.

  • Groups seek ban of oil in older railroad tank cars Tuesday, 15 Jul 2014 | 3:06 PM ET

    SEATTLE— Two environmental groups are asking the U.S. Department of Transportation to immediately ban shipments of volatile crude oil in older railroad tank cars, citing recent explosive oil train wrecks and the department's own findings that those accidents pose an "imminent hazard."

  • Drones: Next big thing in aviation is small Tuesday, 15 Jul 2014 | 1:53 PM ET

    With some no bigger than a hummingbird, the hottest things at this week's Farnborough International Airshow are tiny compared with the titans of the sky, such as the Airbus 380 or the Boeing Dreamliner. This week Hamas launched for the first time an unmanned drone into Israeli airspace that was shot down.

  • House votes to extend moratorium on Internet taxes Tuesday, 15 Jul 2014 | 1:41 PM ET

    WASHINGTON— The House voted Tuesday to make permanent a moratorium that prevents state and local governments from taxing access to the Internet. Bob Goodlatte, R- Va., chairman of the House Judiciary Committee.

  • Common sunflower disease found in the Dakotas Tuesday, 15 Jul 2014 | 2:02 AM ET

    BISMARCK, N.D.— The National Sunflower Association says a common sunflower disease has been found in fields across the Dakotas after a wet planting season. The group says downy mildew was been found in about two-thirds of fields surveyed over the last two weeks in North Dakota and South Dakota. About 70 fields were surveyed.

  • RPT-COLUMN-The real shale revolution: Kemp Monday, 14 Jul 2014 | 10:01 PM ET

    LONDON, July 14- By now everyone knows the shale revolution was made possible by the combination of horizontal drilling and hydraulic fracturing. "Horizontal drilling is the real marvel of engineering and scientific innovation," David Blackmon wrote in Forbes magazine last year.

  • NEW YORK, July 14- A $6 billion takeover to create the biggest oil producer in the Bakken shale may also open up new opportunities for some big traders who ship oil from North Dakota and Montana to market.

  • Carbo Ceramics Inc, a Houston- based oil services company that is the world's largest producer of tiny ceramic balls that can boost the production of fractured wells, may hold the answer.

  • COLUMN-The real shale revolution: Kemp Monday, 14 Jul 2014 | 8:45 AM ET

    LONDON, July 14- By now everyone knows the shale revolution was made possible by the combination of horizontal drilling and hydraulic fracturing. "Horizontal drilling is the real marvel of engineering and scientific innovation," David Blackmon wrote in Forbes magazine last year.

  • July 13- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil& Gas Corp for $3.8 billion in stock, to become the largest producer in North Dakota's Bakken shale oil formations, eclipsing Harold Hamm's Continental Resources Inc..

  • July 13- Whiting Petroleum Corp said on Sunday it would acquire Kodiak Oil& Gas Corp for $3.8. Bakken/ Three Forks oil formations. The formations, within the Williston Basin in North Dakota and Montana, are among the largest oil plays in the United States.

  • Whiting to top Bakken oil firms in $6B Kodiak buy Sunday, 13 Jul 2014 | 4:16 PM ET

    DENVER— Whiting Petroleum Corp. said Sunday it is buying Kodiak Oil& Gas Corp. for $6 billion in stock, worth $13.90 per share, in a deal that will make it the largest producer in the booming Bakken region of North Dakota and Montana. The combined company had over 107,000 barrels of oil equivalent production per day in the first quarter.

  • July 13- Whiting Petroleum Corp on Sunday said it would acquire Kodiak Oil& Gas Corp in an all-stock deal valued at $6 billion, and thereby become the largest producer in the Bakken/ Three Forks oil formations.

  • INFLUENCE GAME: Shaping US railroad safety rules Sunday, 13 Jul 2014 | 8:39 AM ET

    Billions of dollars are riding on how these rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.

  • Expert: Pa. didn't address fracking health impacts Saturday, 12 Jul 2014 | 4:46 PM ET

    PITTSBURGH— Pennsylvania's former health secretary says the state has failed to seriously study the potential health impacts of one of the nation's biggest natural gas drilling booms.