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Oil prices set for fourth-straight monthly gain

oi prices

The price of oil is on track to set its longest run of monthly gains in five years. Futures were up Tuesday morning in New York, paving the way for a fourth-straight monthly advance. Oil production has been disrupted in several different countries in recent months. Nigeria’s oil production is down 50 percent after a series of militant attacks. In ...

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Trump addresses energy policy at North Dakota oil expo

Trump, energy, plan, oil, North Dakota

Donald Trump’s speech on energy policy electrified the crowd Thursday at the Williston Basin Petroleum Conference in Bismarck, North Dakota. Trump’s message was simple: America first. “America’s incredible energy potential remains untapped,” Trump said. “Under my presidency, we’ll accomplish a complete American energy independence.” In front of about 7,000 people, Trump outlined an energy plan that promotes oil, natural gas ...

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North Dakota education thrives despite oil bust

school

During the oil boom, state departments thrived off increased tax money and schools received more than enough funding. However, during the economic downturn, states that depended too heavily on oil taxes, such as Oklahoma, struggle to fund their education systems. Meanwhile, North Dakota students will see little to no change in their classrooms thanks to the high taxes paid by ...

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Never mind the buzzwords

northern lights

Branding for energy companies is more essential today than ever before. Customer engagement, disruption, internet of all things, innovation and advertising. These buzzwords mean nothing for energy if they are not delivered by a well-founded branding activities. A brand is more than a logo in the letterhead. A brand is the way the consumers define a company based on their perception. ...

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Trump to deliver keynote at Williston Basin Petroleum Conference

Trump, keynote, Williston Basin, Petroleum Conference

Republican presidential candidate Donald Trump will get a chance to tackle energy policy while delivering the keynote address at the Williston Basin Petroleum Conference on May 26 in Bismarck, N.D. The three-day conference covers the oil and gas business in the Williston Basin. Trump will speak at 1 p.m. on the final day, according to North Dakota Petroleum Council President ...

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Energy producers weather historic oil market collapse

Energy producers weather historic oil market collapse

The oil market collapse has put more pressure on energy producers than ever before, causing an unprecedented financial crisis, according to industry officials. On average, an oil company earns only $26 for each barrel of oil sold at current oil prices, according to a report by the Houston Chronicle. In February, oil prices in the United States fell to a ...

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5 simple spring mood enhancers

UMH, spring, manufactured home

It’s been a long, cold winter for many of us. So, it’s time to open up, throw out and breathe in. Turn “to-dos” into “dones” Spring cleaning is one of those organizational goals filled with good intentions. But without a plan, we never seem to get around to it. Start out with an idea of what you’d like to accomplish ...

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ExxonMobil loses AAA credit rating as debt increases

ExxonMobil loses AAA credit rating as debt increases

Standard & Poor stripped ExxonMobil of its AAA credit rating due to a plunge in oil prices and weak forecast. The Texas-based company was downgraded to an AA+ credit rating. The ratings agency cited “low commodity prices, high reinvestment requirements, and large dividend payments.” The decision comes as Exxon’s debt has increased substantially. “The company’s debt level has more than ...

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Energy sector movers, losers and news: crude prices improve, no production freeze necessary.

Last week major oil producers met in Doha, Qatar to discuss an oil production freeze. Again, no agreement could be reached and crude prices temporarily suffered. But, today WTI opened at $43.42 per barrel, 7.6 percent higher than last week when it closed Friday at $40.36 per barrel. Market Movers Shares of NGL Energy Partners LP (NYSE: NGL) gained 50 ...

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