BISMARCK – North Dakota's economy slowed down in the second quarter of this year, posting the first double-digit decrease in year-over-year taxable sales and purchases since 2009 as slumping oil prices hurt drilling and the businesses that support it.
Wall Street banks have cut Oasis Petroleum Inc's credit line by roughly $170 million, the largest reported reduction this autumn of an oil producer's access to debt markets in the wake of plunging crude prices.
BISMARCK – North Dakota’s taxable sales and purchases dropped 16 percent in the second quarter compared with the same period last year, led by a 31.4 percent decrease in the mining and oil extraction sector that reflects a slowdown in drilling activity as a result of depressed crude oil prices.
HILLSBORO, N.D. - North Dakota continues to change and evolve, and the North Dakota State University Extension Service is holding a series of 11 community forums across the state to help the organization remain relevant and useful.
BISMARCK – One of the partners behind a proposed crude oil pipeline that would pass under Lake Sakakawea has agreed to install an additional safety measure to ease concerns about how quickly a spill could pollute the lake.
MOORHEAD – Consultants hired to help create a game plan for revitalizing downtown Moorhead say the city has many things going for it and communities that faced similar challenges have done great things.
MAPLETON, N.D. — With the drop in commodity prices for crops like soybeans and corn, headlines have been gloomy for ag equipment makers, with many laying off workers in the wake of the downturn in the farm economy.
DICKINSON, N.D. -- An Alaska-based vocational and safety training company that came to Dickinson at the height of the Bakken oil boom has announced it is indefinitely suspended its services in the state.
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