I post all such data links at this page.
Another is land ownership: Montana has a higher percentage of federal land, which is more difficult to drill. Regardless of how much President Obama may boast about increased domestic oil production during his term in office, the dirty secret is that most is taking place on private property, where it can't be blocked by the federal government.By the way, I have a post that compares the business climate of Minnesota with that of North Dakota.
Those matters aside, Montana's business, regulatory, and legal climate is still unfavorable compared to neighboring states like North Dakota. We've been down this road before. In spite of the fact that Montana sits on the nation's largest coal reserves, its coal production is vastly out-stripped by its historically business-friendly neighbor to the south, Wyoming, which has capitalized on much smaller reserves.
There are fewer top stories because I am traveling and posting less, but I am also posting new stories at older pages with common themes, to cut down on the clutter. Most of these new stories won't be seen by readers unless they are interested in a particular story and search the archives at the sidebar at the right.
Three years ago, Sivert Mysse and Richard Mysse, who still farms and ranches near Ingomar, were watching a company hook up three “hot oil” trucks to heat water at a hydraulic “fracking” site and noticed that a fourth truck was needed.Go to link for rest of story: fascinating.
After watching for a while, they asked a dangerous question.
“How hard can this be?” Sivert Mysse said.
Minnesota Power has taken significant action to improve the environmental performance of its fleet; keeping pace with the nation’s rapidly transforming energy landscape. The company’s generation fleet was 95 percent coal-based in 2005, but by next year the ratio will drop to 74 percent coal and 26 percent non-coal, with a greater non-coal percentage projected to come. Transitioning from fossil-fuel based energy to renewable energy is a capital intensive endeavor. In recent years Minnesota Power has invested about $500 million in wind energy, biomass and hydropower improvements.Corporate presentation (pdf file): slide 11 -- North Dakota wind.
Minnesota Power is building, as we speak, a mega-wind farm near Center, ND. There were 6 semi's parked in a truck stop on Independence Day. Much of their non-coal energy is hydropower from Canada.After seeing the wind farms in Indio, California, my hunch is that the wind farm fad will runs its course over ten to twenty years. For those who think the oil industry has ruined the "view" of North Dakota, wait until they see the wind farms.