Bakken
The Bakken Gears Up For Its Second Decade
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A decade into North Dakota’s shale fracking boom, the state consistently produces one million barrels of oil per day. Now, officials here look to double production.
Bakken
Oil Patch Growth Creates A Funding Nightmare
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The decade-long shale fracking boom in North Dakota sent the population of oil patch communities soaring. They built up their public services to accommodate the newcomers, but now many of these cities are tens or even hundreds of millions of dollars in debt. They’re looking for stable funding to pay back their loans while hoping all the newcomers choose to stay.
Audio
The Future Of U.S. Energy, According To Donald Trump
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With the help of a few more delegates from a handful of states, including North Dakota, Donald Trump finally gathered enough to clinch the republican nomination. And with that news, the official Republican Presidential nominee rolled into Bismarck, North Dakota on Thursday.
Audio
What Do Energy States Want From Donald Trump?
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When it comes to energy, Donald Trump has left a lot to the imagination. But today he’s traveling to Bismarck, ND to address energy industry professionals from all across the country. Inside Energy’s Leigh Paterson reports.
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Road Tripping Along North Dakota’s Oil Bust Alley
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A road trip down Highway 22 in Dickinson, North Dakota, reveals who is hurting — and benefitting — from the oil bust.
Featured in Series
Fracking And Survival In A West Texas Oil Field
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The massive fall in the price of crude oil means hundreds of thousands of people are no longer working in the energy business and many small and mid-level energy companies are in a footrace against bankruptcy. While many oil fields have a seen oil production fall, the Permian Basin of west Texas, the nation’s highest-producing oilfield, is still increasing production.
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Surviving The Oil Bust In West Texas
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In every downturn, there are survivors who position themselves for recovery. The price of crude oil is down by more than 70 percent since the summer of 2014. Oil and gas companies once flush with cash have cut exploration and decommissioned up to two thirds of their rigs. Many companies have gone under and hundreds of thousands of people are out of job.
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Slumping Oil Prices And A West Texas Downgrade
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Nearly a dozen west Texas cities, counties, hospitals and school districts are facing the possibility of a bond credit downgrade in the coming months by Moody’s Investor Services, one of the country’s “Big Three” ratings firms. That because those local institutions rely on energy-related tax revenue, which has fallen precipitously. And the possibility of a bond downgrade is a threat facing other oil and gas states as well.
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When A Fracking Boom Goes Bust
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The bust of the oil and gas industry is having economic repercussions across energy states. Reid Frazier of the Allegheny Front brings us the story from Pennsylvania and the heart of the Marcellus shale natural gas field.
