Oil ends lower as U.S. drillers add to rig count
2017-11-10 2:43 PM ET (MarketWatch)
Trump wants to open up Alaskan oil.
Will gasoline be down to a dollar per gallon?
Remember that many North Dakota drillers gave up because it was not profitable for them. Then OPEC dropped its production and prices got better for U.S. oil. See https://www.npr.org/2017/05/24/529852301/boom-time-again-for-u-s-oil-industry-thanks-to-opec.
As the above MarketWatch item states, more production lowers prices.
Showing posts with label North Dakota. Show all posts
Showing posts with label North Dakota. Show all posts
Sunday, November 12, 2017
Monday, October 24, 2011
Is "prosperity" worth the cost?
Many are pointing at North Dakota as a low-tax state that is prosperous. If so, why are so many people moving out of the "high-paying jobs" areas. For some of the answers on all the costs on local people who don't have or want those jobs, see "America's Boomtown locals to big oil: We want our town back!", Blake Ellis, CNNMoney, 2011-10-24.
Friday, June 17, 2011
No new taxes is so one-dimensional
Some rich will leave for states with lower taxes. But are taxes their only costs. I wonder how many have even checked. I know some, at least well-off, who have moved to other states, claiming they don't like Minnesota's "high taxes". I wonder how much different their cost of living is. Maybe it is less because they moved to a "low wage" state, and being on pensions, they need not be concerned about their own pay checks.
Interestingly, companies that moved to a low-tax state like North Dakota can't find enough qualified workers. They are trying to entice people to move there.
Polaris has recently bought two out-of-state companies and is moving its operations to the high-tax state of Minnesota. It is moving an electric vehicle company from North Dakota and Indian Motorcycles from North Carolina. Isn't North Carolina a "low-tax" state and more non-union than union?
Maybe there are more companies that look at the big picture and not just taxes than there are who look only at taxes. It's easier to find cases of the latter because they make so much noise about it.
Interestingly, companies that moved to a low-tax state like North Dakota can't find enough qualified workers. They are trying to entice people to move there.
Polaris has recently bought two out-of-state companies and is moving its operations to the high-tax state of Minnesota. It is moving an electric vehicle company from North Dakota and Indian Motorcycles from North Carolina. Isn't North Carolina a "low-tax" state and more non-union than union?
Maybe there are more companies that look at the big picture and not just taxes than there are who look only at taxes. It's easier to find cases of the latter because they make so much noise about it.
Wednesday, April 06, 2011
A geography lesson - Japan and Minnesota
We keep getting questions about how our son is doing in Japan after the earthquake near Sendai and the nuclear reactor problems in Fukushima. To me, it's like others asking how we are doing if a tornado hit the Twin Cities or how we're doing with the Red River flooding in Fargo ND.
Sendai is about 225 miles from Tokyo and the Fukushima plant is about 150. Fargo is about 242 from Duluth and Minneapolis is about 150.
Oh, yes, there are two nuclear plants near us. Monticello is about 150 miles away and Prairie Island is about 224. Prairie Island has far too much spent fuel stored on the premises. If any of those casks are breached and we lived downstream in LaCrosse WI, then maybe you should worry about us.
Sendai is about 225 miles from Tokyo and the Fukushima plant is about 150. Fargo is about 242 from Duluth and Minneapolis is about 150.
Oh, yes, there are two nuclear plants near us. Monticello is about 150 miles away and Prairie Island is about 224. Prairie Island has far too much spent fuel stored on the premises. If any of those casks are breached and we lived downstream in LaCrosse WI, then maybe you should worry about us.
Subscribe to:
Posts (Atom)