05.02.13

There's Twice as Much Oil Below North Dakota than We Thought

Don't expect the energy boom in Montana and the Dakotas to end anytime soon.

 

04.23.13

Interior chief Jewell: 'One size doesn't fit all' on fracking

Interior Department Secretary Sally Jewell, a former drilling engineer in Oklahoma, said: "Fracking as a technique has been around for decades... I have performed the procedure myself very safely."

 

04.18.13

Keystone XL Support Strong at public hearing

Despite spring snow, more than 1,000 people stood in line in Grand Island, NE to speak at the only public hearing on the State Departmentís latest environmental analysis of the Keystone XL pipeline. Support isnít localized to Nebraska. Bloomberg talked to Ronnie Hill, a union welder from Texas, who drove 11 hours to speak in favor of the pipeline. Hill underscores the strong union support for the pipeline that would move Canadian oil to refineries on the Gulf Coast because of the jobs produced. The State Department estimates that over 40,000 jobs would be created.

 

04.18.13

Bill to fund infrastructure, other programs in oil-gas-impacted counties headed for approval

HELENA -- Cities, counties and schools in Eastern Montana affected by the oil boom along the North Dakota-Montana border are one step closer to getting millions of dollars of state money to help pay for water, sewer and other projects. The Senate voted 47-3 to advance the bill, which will be heading back to the House for a final vote. If the House accepts some changes made by the Senate, the bill goes to Gov. Steve Bullock for his signature into law.

 

04.17.13

Baucus, Tester, Hoeven Introduce Bipartisan Plan to Approve Keystone AL Pipeline

Senators: "It's time to put Montanans to work on Keystone." Montana's U.S. Senators Max Baucus and Jon Tester teamed up with the North Dakota delegation to introduce bipartisan legislation today to approve the long-delayed Keystone XL pipeline. The bill is building on momentum following a fourth favorable State Department environmental review indicating "no significant impact to the environment." Joining them as cosponsors on the bill are Senators Mark Begich (D-Alaska), Lisa Murkowski (R-Ala.), Pat Roberts (R-Kan.), John Cornyn (R-Texas), Joe Manchin (D-W.Va.) Mary Landrieu (D-La.), David Vitter (R-La.), Heidi Heitkamp (D-N.D.), Mark Pryor (D-Ark.) and James Risch (R-Idaho).

 

04.11.13

Legislation offers new angle in battle over Keystone pipeline

Proponents of the Keystone XL Pipeline flexed their muscle Wednesday at a congressional hearing over legislation to force approval of the long-delayed project. The hearing didn't discuss whether the legislation, which would eliminate a requirement that the pipeline receive a presidential permit, could overcome a likely White House veto or pass constitutional muster. Instead, its supporters touted the 1,179-mile line as a job creator that would lower oil prices.

 

04.05.13

Energy-related carbon dioxide emissions declined in 2012

Energy-related carbon dioxide (CO2) emissions in 2012 were the lowest in the United States since 1994, at 5.3 billion metric tons of CO2. With the exception of 2010, emissions have declined every year since 2007.

 

04.05.13

Baucus Announces ConocoPhillips CEO to Headline 6th Montana Economic Development Summit

Montana U.S. Senator Max Baucus joined the Montana Chamber of Commerce to kick off his 'Montana Solutions Jobs Tour' with stops in Harlowton and Billings today.

 

04.04.13

Keystone XL Pipeline Draws Broad Support

As the Obama administration approaches a decision on the Keystone XL pipeline, a national survey finds broad public support for the project.

 

04.02.13

European industry flocks to U.S. to take advantage of cheaper gas

The gap in natural gas prices has opened quickly, leaving companies that make investment decisions years in advance scrambling to catch up. As recently as 2007, U.S. natural gas prices were only about 20 percent lower than Europe's, not enough to fundamentally reshape markets.