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Top News & Analysis North Dakota

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  • HAMBURG/ SINGAPORE, July 29- U.S. wheat, corn and soybeans resumed their recent falls on Wednesday after rising on bargain-buying on Tuesday, with prices again around one-month lows as attention returned to the good U.S. harvest outlook. "Wheat, corn and soybeans are again weaker today as the market's attention has returned to the good U.S. crop prospects with near...

  • FAA investigating airliner that nearly ran out of fuel Tuesday, 28 Jul 2015 | 8:42 PM ET

    The Allegiant plane with 144 passengers landed safely last Thursday at Hector International Airport in Fargo, North Dakota, after a flight from Las Vegas. "At this time, we are coordinating with the FAA and the airport to investigate all channels of communication regarding the flight and the circumstances leading to the declaration of emergency," the Las Vegas-...

  • Corn futures continued to struggle, falling for six out of nine sessions as near-perfect weather weighed on prices while wheat slid under harvest pressure. *The USDA said 62 percent of the U.S. soybean crop was in good to excellent condition, same as last week, but below the previous year's 71 percent. *The USDA said 85 percent of the winter wheat crop has been...

  • BISMARCK, N.D.— Tribal leaders from a prolific portion of North Dakota's oil-rich Fort Berthold Reservation are scaling back proposed drilling regulations that industry officials warned could slow crude production. Leaders of a section of the reservation that produces the most oil recently formed the West Segment Regulatory Commission, based in Mandaree,...

  • DETROIT— The National Wildlife Federation accused the U.S. Transportation Department on Tuesday of not enforcing a federal law that requires pipeline owners and operators to establish safety response plans for worst-case oil spills in lakes, rivers and other waterways. While the pipelines that spurred the group's action are two side-by-side conduits...

  • WILLISTON, N.D., July 27- A subsidiary of Exxon Mobil Corp donated $5 million on Monday to a North Dakota government housing fund that subsidizes construction of low-cost apartments for teachers and emergency personnel in the state's oil patch. XTO Energy will receive a 100 percent tax write-off for its donation to the North Dakota Housing Incentive Fund, which...

  • House, Senate on collision course in highway debate Monday, 27 Jul 2015 | 3:26 AM ET

    "We're not taking up the Senate bill," the California Republican told reporters at the Capitol, adding that the Senate should instead take up the bill already passed by the House. "My best advice to the Senate is to get our highway bill moved forward," he said. Hours later, in a hectic late-night session, the Senate voted 64-29 to include the provision reviving the...

  • House passes bill to prevent mandatory GMO labeling Thursday, 23 Jul 2015 | 2:07 PM ET

    WASHINGTON— Food companies would not have to disclose whether their products include genetically modified ingredients under legislation passed by the House Thursday. So far, Vermont is the only state set to require the labels. Maine and Connecticut have also passed laws requiring the labeling, but those measures don't take effect unless neighboring states...

  • MOORHEAD, Minn.— The Dairy Queen in downtown Moorhead has been thumbing its nose at corporate HQ pretty much since it opened in 1949, despite some efforts from the home office to have the store mind its Ds and Qs. And it's a recipe that seems to be working for one of the few DQs in the country still operating under a 66- year-old contract that allows them to dish up...

  • WASHINGTON— States could no longer require labels on genetically modified foods under legislation the House is considering. So far, Vermont is the only state set to require the labels. "The reality is, biotechnology has time and time again proved safe," the bill's sponsor, Kansas Republican Rep.

  • House approves bill to tweak coal ash standards Wednesday, 22 Jul 2015 | 6:54 PM ET

    David McKinley, R- W.Va., said it was needed because the EPA rule leaves open the possibility that coal ash could be designated as hazardous, creating uncertainty for industry. The White House said in its veto threat that the House bill would undermine public health and environmental protections provided by the EPA rule. The EPA rule "articulates clear and...

  • LONDON, July 22- No new well completion reports have been filed in North Dakota since July 10, the longest gap this year, according to daily activity records published by the state's Department of Mineral Resources. North Dakota's regulators consider a well completed when the first oil is produced through wellhead equipment into tanks from the ultimate...

  • GRAINS-Weaker dollar helps U.S. grains recover losses Tuesday, 21 Jul 2015 | 8:18 AM ET

    *Corn up after hitting 3- week low on improving U.S. weather. Chicago Board of Trade September wheat was unchanged at $5.32-3/ 4 a bushel by 1157 GMT, after falling to $5.30, its lowest since June 25. Corn rose 0.2 percent to $4.05-3/ 4 a bushel after hitting its weakest since June 30, while soybeans added 0.55 percent to $10.13-1/ 4 a bushel.

  • *Corn drops to 3- week low as U.S. weather improves. Corn slid to a three-week low as investors continued to reduce weather risk premium in the market on prospects of bumper U.S. yields following warmer weather across the Midwest. Corn gave up 0.2 percent to $4.04-1/ 4 a bushel, weakest since June 30, while soybeans added 0.2 percent to $10.09-1/ 4 a bushel.

  • GRAINS-Corn falls for third session, near 3-week low Monday, 20 Jul 2015 | 9:05 PM ET

    SYDNEY, July 21- U.S. corn fell for a third consecutive session on Tuesday to hover close to a three-week low as forecasts for favorable weather boosted yield prospects. *Chicago Board of Trade December corn lost 0.12 percent to $4.15-1/ 2 a bushel, having slumped 3.5 percent in the previous session when prices hit a three-week low of $4.15-1/ 4 a bushel.

  • July 17- The resurgence in drilling seen earlier this month seemed to fizzle this week as U.S. energy firms cut seven oil rigs, oil services company Baker Hughes Inc data showed on Friday. That was the 30th weekly oil rig decline in the past 31 weeks, bringing the total down to 638, the lowest since the last week in June, said Baker Hughes in its closely followed report.

  • July 15- Kinder Morgan Inc said it would buy the 49 percent stake that it does not already own in natural gas joint venture Elba Liquefaction Co from Royal Dutch Shell Plc, and it raised its dividend. Kinder Morgan said it expects to invest $630 million in Elba terminals, bringing its total investment in the project near Savannah, Georgia to $2.1 billion.

  • WASHINGTON, July 14- Within hours of the announcement of an Iran nuclear deal early on Tuesday, lawyers around Washington were fielding calls from U.S. corporate clients eager to know what the 159- page deal would mean for their business prospects. U.S. companies face losing out to foreign competitors in Iran as they wait for signs that Tuesday's historic...

  • NEW TOWN, N.D., July 14- A leading official on a Native American reservation where roughly a third of North Dakota's oil is extracted has voiced his strongest threat to date to walk away from a tax-sharing deal with the state, ratcheting up energy industry concerns about dueling levy rates and regulations. If no new agreement can be reached, EOG Resources Inc,...

  • WASHINGTON, July 14- Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. On Wednesday, the panel will decide whether to send the measure to the full...