Tag Archives: natural gas

Thanks Fracking: America Leading The World In Carbon Emission Reductions

Thanks Fracking: America Leading The World In Carbon Emission Reductions

From the Wall Street Journal (via Nevada Watchdog): U.S. carbon-dioxide emissions have fallen dramatically in recent years, in large part because the country is making more electricity with natural gas instead of coal. Energy-related emissions of carbon dioxide, the greenhouse gas that is widely believed to contribute to global warming, have fallen 12% between 2005

North Dakota Governor Jack Dalrymple

This Year's Roughrider Award Ceremony Might Be A Little Awkward

In the past Governor Jack Dalrymple, and his predecessor Governor John Hoeven, have been criticized for picking too many Republicans for the state’s Roughrider Award. Several of the most recent recipients have, it’s true, been big contributors to Republican politics, though I’m not sure that should necessarily diminish the accomplishments that earned them the award.

Dorso Column: North Dakota Democrats Marginalize Themselves With Phony Oil Numbers

I had a chance to spend quite a bit of time with my friend who is a successfully retired oil man this week. As we were driving I asked about the future of oil exploration in North Dakota. He follows developments closely as he is still an investor in what he describes as plays on

Legislative Vote Ranking: By The Issues

When Rob and I embarked on this little project (which, like any “little project”, had a bit more work involved than expected) to track legislative voting trends in the House and Senate, we quite honestly saw it as a way to pique our own curiosities as to what direction the session was headed. We did

Reverse Protectionsim Keeps Natural Gas Prices Low, Flaring High

Earlier this month the Wall Street Journal had an interesting article about some companies, Dow Chemical among them, lobbying for President Obama to block exports of natural gas. These companies, mostly in the manufacturing field, are enjoying the lower gas prices. They don’t want those prices to go up due to increased demand through export.

Bill To Restrict Natural Gas Flaring Voted Down In The North Dakota Senate

We’ve all seen the satellite pictures of the Bakken oil fields lit up nearly as bright as urban centers like Minneapolis and Chicago. Most of those lights are the result of natural gas flaring. All the oil drilling taps into natural gas deposits. The gas must be vented off to get at the oil, but

Democrat Proposed Flaring Restriction Would Throw Monkey Wrench Into Oil Production

I don’t think anyone likes flaring, which is the burning off of natural gas from oil wells (right now 30% of the natural gas produced in the Bakken is flared). Environmentalists don’t like it because of the emissions. The oil companies and the capitalists don’t like it because natural gas is valuable, and if there’s

Thanks Fracking: Americans Saving Billions On Natural Gas

This chart from Mark Perry shows spending by US consumers on natural gas since 1999: From Perry: According to data from the Department of Energy, the US price of natural gas delivered to residential consumers in November 2012 was $9.97 per 1,000 cubic feet (most recent month available). Adjusted for inflation, that’s the lowest residential

Schafer Column: Raising The Cost Of Oil Production In North Dakota Is A Bad Idea

I always find it interesting how Republican Senators can figure out ways to raise revenues when we have a huge surplus and don’t need the dough. Case in point, state Senator Dwight Cook’s proposal for oil tax reform. Here are some thoughts: The E&P companies will be required to withhold income taxes for royalty owners

Guest Post: Reviewing Matt Damon's Promised Land

In Promised Land, Steve (Matt Damon) was sent to a small, poor town to lease land to drill for natural gas.  He’s the company’s golden boy who knows how to charm local residents into leasing their minerals.  His job proves to be easy at first, but trouble waits. After Steve pays $30,000 cash to buy the

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