Elected officials, government experts and industry leaders on Wednesday all hailed a return to optimism in North Dakota’s Bakken Shale play, although they aren’t anticipating a return to the past’s robust oil production growth for a few years.
Dalrymple
Articles from Dalrymple
North Dakota Governor Slashes Budget Due to Low Oil Prices
Responding to a $1 billion budget shortfall attributed to the crude oil price crash, North Dakota Gov. Jack Dalrymple on Monday ordered across-the-board cuts for state agencies and dipped into the state’s reserve funds.
North Dakota In Rail Emergency, Governor Tells Feds; Crude v. Corn
While crude oil from North Dakota moves increasingly by rail, Gov. Jack Dalrymple on Thursday told a federal transportation panel field hearing in Bismarck that his state is suffering from inadequate rail service for its multi-billion-dollar agricultural industry.
North Dakota Governor Signs Bill to Help Cut Flaring
North Dakota Gov. Jack Dalrymple on Monday signed into law a measure (HB 1134) offering tax breaks to oil and natural gas operators as an incentive to cut flaring of associated gas at the wellhead on oil wells. HB 1134 was passed last week by the North Dakota legislature. It will be effective July 1.