Energy tycoon Boone Pickens predicted Friday that oil prices would be back near $70 or $80 a barrel by the fourth quarter of this year.» Read More
Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,398 rigs were exploring for oil and 437 were searching for gas. Of the major oil- and gas-producing states, Texas lost 10 rigs, Louisiana and North Dakota each dropped by three and Alaska and Oklahoma were down two apiece.
"We should be finishing harvest in record time," South Dakota State University agronomy specialist Mark Rosenberg told the American News. "
U.S. stocks were poised to rise at the open, with the S&P 500 set to hit its highest since 2007, as a surprise drop in the jobless rate gives legs to this week's rally. S&P 500 futures rose 6.2 points and were above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract.
LONDON, Oct 5- The booming business of transporting Bakken crude has thrown a lifeline to U.S. railroads, at a time when shipments of coal, their main commodity by volume, have fallen sharply. Coal accounted for just over 43 percent of rail car loadings by weight, and 25 percent of gross revenues, last year according to the Association of American Railroads.
NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. STORY: TABLE GRAPHIC: COMMENTS: JOHN KILDUFF, PARTNER, AGAIN CAPITAL LLC, NEW YORK. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA.
NEW YORK, Oct 5- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid. RON FLORANCE, MANAGING DIRECTOR OF INVESTMENT STRATEGY FOR WELLS FARGO PRIVATE BANK BASED IN SCOTTSDALE, ARIZONA. "It's a little confusing, to be honest with you.
CHEYENNE, Wyo.-- A study ranks Wyoming among the least energy-efficient states in the nation. The study by the American Council for an Energy-Efficient Economy ranks Wyoming 48th out of 50 states and the District of Columbia.
She's known for her earnest review of an Olive Garden restaurant in North Dakota that went viral on the Internet. Six decades after they worked together at the University of South Dakota's student newspaper, Al Neuharth, 88, and Marilyn Hagerty, 86, are reuniting.
FARGO, N.D.-- Representatives of six North Dakota companies are going on a trade mission to the South American nation of Colombia next week. It is the first North Dakota trade mission to Colombia in four years.
WASHINGTON-- Unemployment rates fell in August in nearly 90 percent of large U.S. metro areas, mainly because more people gave up looking for work. The Labor Department said Wednesday that unemployment rates dropped in 329 large cities, the most in four months.
For the second year in a row, the Bay State topped an annual state index, which offers a comprehensive look at entrepreneurship. Did you say Minnesota?
BISMARCK, N.D.-- A national ratings agency says the state-owned Bank of North Dakota is in great shape. Standard& Poor's says the ratings could decline if the state's economy weakens, but it says North Dakota's economic prospects are good right now. Jack Dalrymple is chairman of the North Dakota Industrial Commission.
LM Wind Power said Tuesday in a statement that the Brazil plant will deliver blades to wind farms in Brazil and throughout South America.
INDIANAPOLIS-- Campaign cash from outside political groups is flooding into conservative states with close Senate races like Indiana, Arizona and Montana, where residents are more accustomed to local news promos between football games than the relentless, often snarky attack ads.
NEW YORK-- A Baird analyst on Wednesday reaffirmed his "Buy" rating for Titan Machinery Inc., saying that while the third quarter could prove to be tough, he's confident that the company is on track to meet its long-term profit expectations.
BISMARCK, N.D.-- Taxable sales and purchases in North Dakota during April, May and June grew nearly 42 percent compared to the second quarter of last year, to more than $6.4 billion. Tax Commissioner Cory Fong says the economic growth is spread across nearly all major industry sectors.
ATLANTA, Oct 2- The percentage of U.S. high school students who drink and drive has dropped by more than half in two decades, in part due to tougher laws against driving under the influence of alcohol, federal health officials said on Tuesday.