All Stories

Categories

BMTN Info

Powered by WordPress.com VIP

News

Today's Radio Headlines

July 29, 2014

NoDak drillers produce record 20.8M barrels

North Dakota’s oil patch pumped roughly 674,000 barrels per day in July to hit a record total of 20.8 million barrels for the month, the Associated Press reports. That’s 7.5 million barrels higher than the same month a year ago.

Reuters notes North Dakota had the lowest jobless figure in the nation at 2.9 percent in July.

Minnesota’s western neighbor is the second largest oil-producing state in the country. North Dakota passed Alaska in March and only trails Texas.

Meanwhile, Inver Grove Heights-based CHS Inc. is looking to utilize North Dakota’s surplus of natural gas. It plans to open a $1.2 billion fertilizer plant east of Jamestown, N.D., in late 2016. Forum Communications reports the facility will be capable of producing 2,200 tons of ammonia daily.