Monday, June 21, 2010

Building Permits Up 40% at the Center of the Bakken

Building permits are up 40 percent at the center of the Bakken.

Off topic: this story is so heart-warming, I had to include it. This is true of sheep, also, by the way.

For young / new investors, this is a nice article on investing in dividend-paying companies. There are a number of utilities (like MDU) and any number of oil-related companies that pay nice dividends. (I have been a big fan of MDU ever since I started investing in 1984, but currently do not hold any shares in MDU. It's high on my list, however. For dividends, I have been very happy with EEP which I do hold.)

Second part of a two-part series on the Bakken's impact on local economy.

Bakken connector to Keystone Pipeline  wanted. 
A Houston company wants to ship North Dakota oil through a proposed pipeline that would carry Canadian crude to the Gulf of Mexico.


Quintana Capital Group Ltd. said it wants to build a $250 million, 300-mile-long pipeline system from western North Dakota to eastern Montana, where it would meet TransCanada Corp.'s proposed Keystone XL pipeline.

Terry Cunha, a TransCanada spokesman at the company's headquarters in Calgary, Alberta, said no agreement has been reached with Quintana or any other company wanting to ship domestic crude in its pipeline.

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