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Entries Tagged ‘oil’

Oil Companies Prospering From The Bakken Formation

The Bakken Oil Field has been in existence for 2.5 to 3 million years, geologists and oil companies have been pursuing it off and on since the 1970’s.  During the 70’s oil boom there was a mini oil boom in Western ND but by the early 80’s it had gone bust.  It wasn’t until hydraulic […]

Profiting From Temporary Market Distortions

When the BP Oil Spill first came to light there was a sharp sell off in the entire oil sector including crude oil itself. I had a hard time understanding this reaction because obviously this was going to cause a slow down in drilling activity in the gulf. Any slow down in drilling activity in […]

Williston Basin & Bakken Featured On CNBC

It’s not everyday you see the mayor of Williston ND interviewed on CNBC. In fact, I’m sure it’s never happened before but times are changing. Williston has gone through boom periods before like in the late 70’s when we had the first run up in oil prices. For most of the 80s and 90s the […]