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Tag Archives: Oil Industry

Why a small North Dakota town is taking on big rail

canadian pacific

ENDERLIN, N.D., Nov 25 – After her shift at the TraXside Cafe in the southeast North Dakota hamlet of Enderlin, all Karla Souer wants to do is go home. Unfortunately for the 38-year-old waitress the commute, which should only last a minute or two, can take a half-an-hour. That’s because, chances are, there’s a Canadian Pacific Railway Ltd train blocking ...

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Goal in oil conditioning regs should be outcome not method

train

The debate over oil stabilization can be a confusing one. It’s important to a lot of people because we’ve all read the headlines about, and seen the pictures of, explosive train derailments. But the information we get about the issue is often conflicting (and very often driven by politics, I’m afraid). Currently the North Dakota Industrial Commission is considering a ...

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Energy quote of the day: ‘Prices aren’t low enough to put these projects at risk’

Alarmist media reports regarding oil’s foray into bear market territory could easily leave you thinking the oil industry is gasping its last breath. It certainly is not, as companies involved in the global oil complex are accustomed to commodity price volatility and most have experienced similar, if not worse, market corrections. In fact, over the past few years the oil ...

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Colorado oil industry employment up despite economic hardship

Despite a decreasing economic output, employment within the oil industry in Colorado is going up, according to University of Colorado analysis in an article by the Denver Post. According to the study, the sector as a whole employed a total of 51,000 people. That number includes those working at gas stations and convenience stores with gas pumps. Nearly 30,000 people ...

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Midland median income grows by almost 15 percent

Income

Midland’s median household income rose to more than $71,000 in 2013, according to the latest figures provided by the U.S. Census Bureau. The jump marks a 14.8 percent increase year-over-year from 2012. Midland now ranks ninth in the nation for metropolitan areas for median home income, behind high-profile regions such as Washington, D.C., San Francisco and Boston. Median income in ...

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Study: Oil keeps fueling Odessa economic growth. But could that slow in coming months?

Higher-than expected oil prices buoyed Odessa’s economy this year despite forecasts of flattening growth, according to the latest Odessa Economic Index by the Amarillo Economist Karr Ingham, released Friday. Ingham was one of those who had anticipated that job growth, building and other signs of the booming economy would slow down after years of going gangbusters. That sort of softening ...

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Changes to Idaho’s Oil and Gas Industry Proposed

idaho

Brian Smith | The Times-News BOISE — After months of negotiations, industry representatives, environmentalists and regulators will soon present a set of changes to the rules governing Idaho’s budding oil and gas industry. On Tuesday, the Idaho Oil and Gas Commission will mull the proposed rules before they go out for a 21-day public comment period in early September and ...

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PA oil and gas jobs projected to grow, new study reveals

jobs

Brendan Gibbons | Times-Tribune Oil and gas employment is projected to continue growing by the end of 2014, though not as much as last year, according to a recent employment survey by the Marcellus Shale Coalition. The survey projects 2,000 new jobs added among its respondents in 2014, half of the projected 4,000-job increase last year. The coalition surveys its ...

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