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The Dickinson Press
Veeder: Connecting with grandma's memory over a slice of apple pie
Our View: Feds should pay for Dakota Access protest costs
Port: Marsy's Law campaign has been bizarre, insulting, inaccurate
Other Views: Mask comes off of Voter ID laws
Letter: BLM's duty is to protect tribes from wasting natural gas
good bad and ugly
Medora gears up for visitors
New tellings of old museum stories
Beach vibe in the Bakken
Sax remodels downtown building into custom and detailing center
Business steady as Platinum Motorsports becomes certified
March 7, 2016
EIA: Second-biggest U.S. shale output drop seen for April
NEW YORK -- U.S. shale oil production in April is expected to chalk up the second-largest monthly decline on record, and the sixth straight monthly decrease, a U.S. government forecast released on Monday showed. Total output is expected to fall by 106,000 barrels per day to 4.87...
March 7, 2016 - 3:11pm
March 2, 2016
Kemp: Unemployment rising in former oil boom states
LONDON -- The human cost of the oil slump is increasingly apparent in the number of claims for unemployment insurance being filed in states that...
March 2, 2016 - 10:35pm
February 29, 2016
In slump, oil firms turn to labs, data centers for help
GRAND FORKS -- In a basement lab of a North Dakota research center, Beth Kurz and an assistant are peering through a scanning electron microscope, studying samples from the state's vast Bakken shale oil formation. Kurz, a hydrogeologist, is part of a team, which looks at using carbon...
February 29, 2016 - 1:10pm
U.S. shale's message for OPEC: Above $40, we are coming back
NEW YORK -- For leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above $60 a barrel to produce more; now some say they will settle for far less in deciding whether to crank up output after the worst oil price...
February 29, 2016 - 1:03pm
February 24, 2016
Whiting Petroleum posts nearly $100 million quarterly loss
Whiting Petroleum Corp, North Dakota's largest oil producer, slashed its 2016 budget by 80 percent on Wednesday, saying it will suspend all fracking operations and reduce output to wait for higher crude prices . Shares jumped 7.7 percent to $4 per share in after-hours trading as investors...
February 24, 2016 - 5:11pm
Continental Resources quarterly loss misses expectations
Continental Resources Inc, North Dakota's second-largest oil producer, reported a bigger-than-expected fourth-quarter loss on Wednesday as depressed crude prices eroded margins. The loss, expected after a string of negative reports from peers, highlights the immense pain the oil and...
February 24, 2016 - 3:55pm
February 22, 2016
Veterans of 1980s oil glut say this price slump, too, will last
When Sheikh Ali Khalifa al-Sabah of Kuwait thinks about today's plunging oil prices, his mind drifts back to the mid-1980s, when he was forced to sell some of his country's crude for as little as $5 a barrel. As Kuwait's oil minister at the time, Sheikh Ali had to sell a cargo or...
February 22, 2016 - 12:18pm
February 19, 2016
As 2017 oil rebounds to $45, U.S. drillers begin to hedge anew
NEW YORK -- U.S. oil producers reeling from an 18-month price rout have cautiously begun hedging future production this week, fearing this may be their best chance yet to lock in a $45 a barrel lifeline for 2017 and beyond. As oil markets rebounded from 12-year lows this week, U.S....
February 19, 2016 - 1:31pm
February 16, 2016
Shaw: Gasoline prices need to go up
FARGO -- I hate so say this, but … Gasoline prices need to go up. Especially if you live in North Dakota. Like all of us, I love paying $1.45...
February 16, 2016 - 6:03pm
Saudis and Russia agree oil output freeze, Iran still an obstacle
DOHA (Reuters) - Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other...
February 16, 2016 - 4:19pm
February 13, 2016
Our View: Cabin replica would show TR Library project is real
Occasionally, The Press Editorial Board looks at the good, bad and ugly news that recently throughout our region and state. The Good Library could start becoming a reality soon: If the Theodore Roosevelt Presidential Library Foundation gets its way, work could start as early as this...
February 13, 2016 - 12:05am
February 12, 2016
Traders rush to scoop up options as oil prices continue to fluctuate
Money managers raised their bullish bets on U.S. crude oil in the week to Feb. 9, data showed on Friday, amid increased volatility as the market grappled with uncertainty over possible OPEC output cuts and worries about a growing U.S. glut. The speculator group raised its combined...
February 12, 2016 - 4:00pm
February 9, 2016
IEA sees global oil glut worsening, OPEC deal unlikely
LONDON -- The world will store unwanted oil for most of 2016 as declines in U.S. output take time and OPEC is unlikely to cut a deal with other producers to reduce ballooning output, the International Energy Agency said. The agency, which coordinates energy policies of industrialised...
February 9, 2016 - 9:50am
EIA: U.S. March shale output to fall below 5 million bpd
NEW YORK -- U.S. shale oil production is expected to dip below 5 million barrels per day in March for the first time in 18 months on the back of an oil rout that has slashed prices by more than 70 percent since 2014.Total output in March is set to fall by nearly 93,000 bpd to 4.92...
February 9, 2016 - 9:48am
February 8, 2016
As Big Oil shrinks, boards plot different paths out of crisis
HOUSTON -- As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis.Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading...
February 8, 2016 - 1:07pm