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.
Inside Energy (https://insideenergy.org/tag/oil-prices/)
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.
There’s a question that we get a lot: “Is a petroleum engineering degree a good idea?” Between fluctuating oil prices and a national push toward renewable energy, what’s a potential petroleum engineering major to do?
Continuing low oil prices have left tens of thousands of oil workers out of a job.
Now, a growing number of them are turning to the courts, saying they weren’t paid fairly when times were good.
Commodity prices are down, and while the entire state of North Dakota is feeling the effect, small towns like Killdeer are on the front lines.
Explaining the slowdown in North Dakota’s oilfield in 5 numbers and a song.
Over the past year, I’ve gotten a lot of unexpected financial advice while covering the oil bust. So I’m passing those tips along to you.
Oil workers can go from making six-figures to nothing, overnight. In that type of boom and bust economy, financial planning is tough.
Oil and gas jobs are down nationwide, but not every energy state has been equally affected.
Falling oil prices mean companies aren’t willing to pay very much for new oil and gas leases…except for really good wells.