Rocketing North Dakota GDP|
July 15, 2013 | Energy Information Administration
“In recent years, North Dakota has seen significant gains in real gross domestic product per capita, coinciding with development of the Bakken shale play. In 2001, North Dakota’s GDP per capita was well below the U.S. average, ranking 38th out of 50 states. [...] By 2012, its real GDP per capita was $55,250, more than 29% above the national average. Quoted from the Energy Information Administration website article.
Capturing More Natural Gas in North Dakota
March 2, 2014 | Bloomberg.com
North Dakota has been flaring about 1/3 of the gas produced from the Bakken Formation and drawing criticism as a result. Now North Dakota state government is trying to rally investments from natural gas processors and chemical manufacturing to utilize that gas.
Reducing Natural Gas Flaring in North Dakota
January 25, 2013 | The Forum of Fargo-Moorhead
An enormous amount of natural gas is being flared in western North Dakota. The House Taxation and Finance Committee is considering a plan to incentivize collection or use of natural gas at drilling sites that are waiting on pipeline.
Getting Bakken Oil Out of North Dakota
September 2, 2013 | NationalJournal
The long-delayed Keystone XL pipeline was thought to be a way to get Bakken oil out of North Dakota and Montana. Now alternative pipeline and rail expansions have been developed to transport the crude.