Update on Williston Story About Luxury Suites -- The Williston Basin, North Dakota, USA

Link here back to one of my original posts on this story.

Anonymous sent me an update from the Williston Herald, but since some folks may not read comments, here is what was sent to me:

Hmmm...maybe this Winterton Suites is the Elks bldg after all. This was in today's paper, and I am copying and pasting from the article.

Approved: a "Renaissance Zone" application from Williston Building, LLC, to make a $500,000 improvement to the Elks Building in downtown Williston. The building, which is no longer owned by the Elks, will become a a "boutique" hotel with restaurant and bar.

I'm not sure $500,000 would be enough to renovate the bldg into 25 luxury suites, but maybe this is just the amount they are asking for in relation for the Renaissance zone part of the deal? 

The Elks' building is pretty huge and cool. I can see it a quaint luxury hotel.

For newbies, the Elks building isn't exactly downtown -- it is, but it's not on main street -- it's a block or two east of Main Street in a very nice residential area. Yes it would be an interesting building for luxury suites. 

For Investors Only: CVX to Announce Before Market Open

At least I think so.

For Investors Only: Seven (7) Stocks Cheering the Keystone Pipeline's Demise -- The Street

Link here.

The seven: CLR, Whiting, Berkshire Hathaway, El Paso Pipelines, TC Pipelines, Enbridge Energy Management, XOM, Heckmann.

This is a very long article, eight pages, so it's a nice place to spend your time if you run out of things to read.

But that's not the reason I linked this article. The reason I linked this article was the headline: Demise of the Keystone Pipeline.

I remember some time ago I was taken to task for saying the Keystone was "dead." I was one of the first to say that anywhere. Well, it looks like "mainstream media" is finally using the adjective to describe the keystone XL.

Keystone XL 1.0 was taken off the table by TransCanada after folks in Nebraska suggested it be stopper.

Keystone XL 2.0 was recently rejected by the president.

TransCanada is working on Keystone XL 2.1 and 3.0.

For Investors Only: WLL, HES to Benefit From Killing of Keystone -- Seeking Alpha -- The Williston Basin, North Dakota, USA

Link here.

Bloomberg: Does It Ever Quit -- Yet Another Obama Energy Company Files For Bankruptcy -- Volt Battery Supplier

This is getting to be a joke.

Ener1 Inc., the owner of a company that received a $118 million U.S. Energy Department grant to make electric-car batteries, filed for bankruptcy protection after defaulting on bond debt amid heavy competition from Asia.

Ener1, based in New York, makes lithium-ion batteries for plug-in electric cars, which were scrutinized by federal auto- safety officials after a General Motors Co. Chevrolet Volt caught fire, people familiar with the probe said in November. A two-month federal safety investigation cleared the Volt of danger, and GM is beginning a marketing effort to tout the car as safe and innovative.

Under President Barack Obama’s economic stimulus package, the Energy Department awarded grants in an attempt to create a U.S. electric-car industry. Ener1’s EnerDel unit, based in Indianapolis, was the grant recipient and has received about $55 million of its grant so far.

All I can say is this: truly incredible. 

Actually, I can say one more thing: Solyndra.