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  • More than 15 apartment complexes have also opened in Williston in the past year, leading Schlumberger and others to sign long-term apartment rental agreements to house some employees, further negating need for hotel stays. So far this year, Williston's 2,108 hotel rooms have been, on average, 55 percent full, said Amy Krueger, executive director of the Williston...

  • Sept 1- A federal appeals court on Tuesday revived three lawsuits in which the City of Miami accused Wells Fargo& Co, Bank of America Corp and Citigroup Inc of predatory mortgage lending to black and Hispanic borrowers. District Judge William Dimitrouleas in Fort Lauderdale, Florida dismissed Miami's lawsuits. "It is clear that the harm the city claims to have...

  • The oil tank cars- a year ago sought-after to haul crude from North Dakota to New Jersey- now stand idle as a result of two converging trends: the reversal in U.S. shale oil production and the completion of new pipelines. Big rail lines, such as Berkshire Hathaway- owned BNSF Railways or Union Pacific are losing what used to be their fastest-growing source of new...

  • WASHINGTON, Aug 28- The White House on Friday said the Justice Department is considering its options after a U.S. district court blocked a federal clean water rule from going into effect in certain states. "The administration strongly disagrees with this ruling," White House spokesman Josh Earnest said in a briefing. The U.S. District court in North Dakota granted...

  • The U.S. District court in North Dakota granted a preliminary injunction against the so-called Waters of the United States rule finalized by the Environmental Protection Agency and the U.S. Army Corps of Engineers in May. North Dakota and 12 other states filed a lawsuit against the federal government in June, charging that the rule constituted an improper...

  • *Corn, wheat futures advance into positive territory. CHICAGO, Aug 24- U.S. soybean futures dropped to their lowest levels in over six years on Monday and soyoil touched a nine-year low as concerns about China's faltering economy fueled selloffs in commodities and equities markets. Soybeans have dropped in six out of the last seven sessions on worries that signs...

  • WILLISTON, N.D., Aug 24- North Dakota Governor Jack Dalrymple, who shepherded the state through an oil boom that made it the No. 2 U.S. crude producer, said on Monday he will not seek re-election in 2016.. "North Dakota has made incredible progress and I feel so blessed to have been part of leading our state," Dalrymple, 66, said in a statement. During his tenure, North...

  • CHICAGO, Aug 24- U.S. soybean futures pared losses and briefly traded higher on Monday after dropping to six-year lows as concerns about the faltering economy in top-importer China fueled deep sell-offs in commodities and equities. Broad selling pressure sank commodities and equities in early trading as investors rushed for the exits after China shares...

  • WILLISTON, N.D., Aug 24- North Dakota Governor Jack Dalrymple, who shepherded the state through an oil boom that made it the No. 2 U.S. crude producer, said on Monday he will not seek re-election in 2016.. Dalrymple, a Republican, said he will leave the governor's mansion in Bismarck next December in order to spend more time with his family. "North Dakota has made...

  • LONDON, Aug 24- Saudi Arabia's strategy for rebalancing the oil market through a period of lower prices shows few signs of working so far- with rival producers claiming they will raise output even as prices slide to new lows. Within OPEC, other producers, principally Iraq and Iran, are determined to continue raising their output even as prices slump.

  • WILLISTON, N.D., Aug 19- Oilfield service companies eager for work amid plunging crude oil prices have until the end of Wednesday to bid for a guaranteed job: plugging a North Dakota well abandoned by a producer closing up shop in the No. 2 U.S. oil patch. Whichever oilfield service company does the plugging, be it Halliburton Co, Schlumberger NV or another firm, the job...

  • LONDON, Aug 19- Health officials in Britain have for the first time endorsed e-cigarettes, saying they are 95 percent safer than tobacco equivalents and even suggesting doctors should be able to prescribe the "game-changing" devices to smokers trying to quit. Governments from California to India have tried to regulate their use more strictly, many fearing they...

  • U.S. consumers have $1 trillion of automobile loans outstanding, up from about $700 billion in the first quarter of 2010, according to data from the New York Federal Reserve. The fourth-largest U.S. bank has 56 branches for car and dealer financing, including one it recently opened in Cherry Hill, New Jersey, said Dawn Martin Harp, head of dealer services.

  • LONDON, Aug 17- Hedge funds remained unusually bearish on U.S. oil prices last week even as the cost of WTI tumbled towards the lowest level since 2009.. Hedge funds and other money managers held short positions in WTI-linked futures and options equivalent to more than 193 million barrels of oil, according to the U.S. Commodity Futures Trading Commission.

  • MEXICO CITY, Aug 14- An historic crude oil swap between the United States and Mexico is "great news" for both countries, and Mexico's national oil company Pemex expects the permit by the end of this month, the head of its commercial arm said on Friday. Reuters reported earlier on Friday that the Obama administration will allow limited sales of U.S. crude to Mexico for...

  • WASHINGTON, Aug 14- The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The approvals come eight months after Mexico formally sought permission for a swap, a historic step for a nation where...

  • Reflecting plans announced in May and June, when U.S. crude futures averaged $60 a barrel, drillers added two oil rigs in the week ended Aug. 14, bringing the total count up to 672, the highest since early May, oil services company Baker Hughes Inc said in its closely followed report. Drillers added oil rigs in two of the four major U.S. shale oil basins, with five in the...

  • *North Dakota crude production rises in June. "Producers don't seem to want to blink," said Gene McGillian, senior analyst at Tradition Energy in Stamford, Connecticut, commenting on the North Dakota data. September crude was up 21 cents at $42.44 a barrel at 11:55 a.m. EDT, after reaching $42.96 and having fallen to $41.35, the lowest front-month price since March...

  • WASHINGTON, Aug 14- The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The approvals come eight months after Mexico formally sought permission for a swap, a historic step for a nation where...

  • Illinois- based CF Industries Holdings Inc, the world's third-largest nitrogen fertilizer producer, was involved in three of four deals in the past month, taking out two potential competitors in its backyard and locking up sales volumes in the United States, the world's No. 1 corn-producing country. The deals increase CF's market clout by removing two...