The Ports-to-Plains Alliance expresses its support for the resolution of Colorado Counties, Inc. (CCI). The Ports-to-Plains Alliance supports the existing statutory and regulatory framework applicable to oil and gas operations.
It is a major mover of people and equipment, said Cal Klewin, director of an organization aimed at improving U.S. Highway 85 as part of a regional Theodore Roosevelt Expressway concept.
Klewin said a real eye-popper was the number of oversize truck permits issued for U.S. Highway 85, which averaged 200 a day every day last year. Those numbers were compiled by the North Dakota Highway Patrol.
Click here for complete article > Bismarck Tribune
February 23, 2015
The 2014 crash report for major North Dakota highways comes as no surprise for people living in the oil patch.
U.S. Highway 85 — the main drag through the state’s prolific oil production zone — leads in all categories of fatal accidents, injury accidents and property damage accidents…
…By traffic volume, portions of U.S. Highway 85 are also the most heavily used in the state, with the exception of Interstate 94 east of Valley City and Interstate 29 from Grand Forks through Fargo….
The energy industry is a major economic driver throughout the Ports-to-Plains region. The oil and gas production, wind energy and the supporting supply chain create thousands of jobs in our communities. It is important for our community and business leaders to have a good understanding of the issues facing the energy industry, and impacting our local economies.
With that in mind, the Ports-to-Plains Alliance is proud to partner with the Lubbock Economic Development Alliance to host the 2015 Ports-to-Plains Alliance Energy Summit March 31 – April 1 at the Overton Hotel in Lubbock, Texas. Top energy experts from across North America will come together to share their insight with attendees. There will also be outstanding networking opportunities for business and community leaders and economic developers.
The event will begin with an opening reception from 5:30 - 7:30 pm on Tuesday, March 31. Conference sessions will start at 8:00 am on Wednesday morning, April 1 and the event will conclude around 4:00 pm that afternoon. We have negotiated a special rate of $120 per night (plus tax) at the Overton Hotel and Conference Center.
TransCanada responds to latest Keystone XL pipeline hurdle …TransCanada’s response is exactly on target
TransCanada noted, “When we filed our original application in 2008, the price of oil was less than $40 per barrel and no one suggested that Keystone XL was not economic then.”
“Suggesting that the drop in oil prices requires a re-evaluation of the environmental impact of the project is just another attempt to prolong the KXL review,” Finkel said.
Click here for complete article> The Bakken
After the U.S. Senate last week joined the House in a bipartisan effort to pass bills approving the Keystone XL pipeline, the U.S. Environmental Protection Agency this week introduced a new wrinkle that could further delay the project.
A Feb. 2 letter to the U.S. Department of State from Cynthia Giles, EPA assistant administrator for enforcement and compliance, said the project needed further review because of low oil prices, the potential for increased greenhouse gas emissions and pipeline routing issues...
Click here for complete article > The Hill
A Berkshire Hathaway company, MidAmerican Energy, is about halfway done with building up to $1.9 billion worth of wind farms in Iowa. We will be able to able to utilize wind resources in a manner that can represent the equivalent of about half the needs of our retail customers by 2016.
Why are we investing in wind? Well, we look at five factors...
Going south from Lubbock, the proposed extension of I-27 would go down to Lamesa, split in Lamesa with one route going to Midland and the other going to Big Spring, meet back up in Sterling City, continue through San Angelo and down to Del Rio. From there it would hug the border until it reaches Eagle Pass, then go east to Carrizo Springs and then south to Laredo.
Going north from Amarillo, the proposed extension would reach Dumas and then split, with one route going northwest to Texline and the other going north into the panhandle of Oklahoma.
Click here for complete article > Lubbock Avalanche Journal
It’s not a new idea, but it has picked up some momentum lately.
Interstate 27 currently runs from Amarillo to Lubbock, but city leaders and economic development agencies are hoping to expand it, proposing the freeway go as far south as Laredo, stretching across Texas until it hits the northern border going into both the panhandle of Oklahoma and the northeastern tip of New Mexico.
Numerous County Commissioners testified 1/16/15 on SB 2103. The bill is designed to release $845 million early so dollars can be used for the spring construction season. The money would be dispersed across the state to cities, counties, schools & townships. The bill had it's first hearing 1/16. No one testified against the bill.
Another bill being considered is Gov. Jack Dalrymple's "jump-start" bill that's pegged at $873 million and part of his overall $3.7 billion proposal to help western North Dakota's oil-producing region address its rapid growth.
The key difference in the fast-track funding bills is the amount of money that would be spent on state highways. The governor's bill sets aside $450 million for state roads.
The bill by Armstrong, whose district is within the state's oil patch, gives no money to state highways but directs all funding to cities, counties, school districts and to communities outside the oil region.
ND committee considers 'surge funding' for infrastructure. Read more...
“We have a little bit of room to go before it really affects us,” he said. The city’s budget for the upcoming year tops $100 million and the state has squirreled away billions in oil revenue into funds it can tap for years to come to pay for future infrastructure, education and legacy projects. “Mainly what they’re telling us is to sit back and take a look at this thing. We were really fast-paced. We had a hard time keeping up. So we think it’s just normalizing.” Gene Veeder, McKenzie County Job Development Authority and Tourism Board, Executive Director
Click here for complete article > Star-Tribune
January 4, 2015
As prices at the pump drop, so do prospects for a happy new year in the Bakken oil fields.
A million barrels of oil a day pump out of North Dakota’s Bakken shale. Oil that used to sell for $100 a barrel and now fetches barely half of that. Oil that pumped billions into the North Dakota economy, drove the state’s unemployment rate down to almost nothing, and turned sleepy farm communities into Wild West boom towns.
The North Dakota oil boom isn’t going bust. Not yet. But with oil prices at a five-year low and dropping, the state is bracing for bad economic news that could ripple far beyond its borders.
“I think we’re going to see a fairly significant correction,” said Ron Ness, president of the North Dakota Petroleum Council. “You’re going to see a tremendous number of pink slips over the next quarter and into the following quarter. And if we’re having this discussion in June, it will be that much more severe.”…